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- Maiden six-hole RC program completed at Conglomerate Creek target two
- Drilling intersected targeted quartz vein system consistent with surface mineralisation
- Laboratory assays for copper, gold and silver underway
- Follow-up RC drilling being finalised for Conglomerate Creek target five
Antares Metals (ASX:AM5) is awaiting assay results after intersecting the targeted quartz vein system in its maiden drilling at target two at Conglomerate Creek within the Mount Isa North copper project in northwest Queensland.
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The intersection hits were consistent with surface mineralisation and beneath results that previously returned rock chip samples up to 21.3% copper, indicating the system extends to depth.
The company has now completed the six-hole, 780m RC program of reverse circulation (RC) drilling program – the first sub-surface exploration across a broad, previously untested intrusive complex, testing beneath the high- grade copper-gold-silver mineralisation mapped and sampled by Antares in 2025.
The program was strategically designed to test beneath the mapped and sampled mineralised quartz breccia stockwork veining, which returned rock chip results of up to 21.3% copper at surface with early indications suggestingbthe quartz vein system extends to depth.
Samples from all six holes have been submitted to ALS’s laboratory in Mt Isa.
MD, Terry Topping, said the results will provide the first direct test of continuity between Conglomerate Creek’s high- grade surface mineralisation and depth, a key data point for evaluating the Mount Isa North project’s broader target inventory.
“This maiden program marks the first time a drill bit has ever tested Conglomerate Creek’s intrusive system, despite the strong copper, gold and silver grades we’ve mapped at surface,” Mr Topping said.
“We’ve drilled beneath that mineralisation and intersected the same style of quartz veining seen at surface. With assays now underway we’ll soon know the grade this system carries at depth. We look forward to reporting these results in the weeks ahead.”
Conglomerate Creek’s seven high-priority geophysical anomalies are all interpreted to relate to a single intrusion, first identified in the company’s 2024 geophysical survey. At surface, the intrusion forms a distinct 2.0km by 2.5km semi-circular feature, and the structures coincident with it are interpreted to control the distribution of mineralisation across the prospect.
Historical exploration over the area has been minimal, limited to scattered stream sediment samples and one rock chip sample.
AM5 is steady at 0.6¢. Mkt cap $5.136M.
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