Antares Metals uncovers high-grade copper, gold at Mt Isa North

Antares Metals (ASX:AM5) has obtained several high-grade copper, gold, and silver rock chip samples from the Mount Isa North project in Queensland, with chips from the Startle and Astound prospects returned grades of up to 27% copper, 2.66 grams per tonne (g/t) gold, and 31 g/t silver.

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“These fantastic results from Startle and Astound are a fitting close to a very successful and positive first exploration season on our Mt Isa North project,” Mr Topping said, explaining that most of the samples collected from the recently-run program indicate significant prospectivity for all three metals.

“With almost 90% of the samples returning copper values above one per cent copper, the prospectivity of these targets are clear,” he explained.

These results build on a successful first season, further confirming the high prospectivity of the project area, Mr Topping told shareholders. “Our focus for 2026 will be the definition and extension of these high-grade zones as we build on the momentum from our Conglomerate Creek and Cromwell discoveries.”

Studies have found that structural and lithological similarities strongly link the Startle and Astound prospects, although they are approximately 7km apart.

The company plans to conduct additional field activities throughout its Mt Isa North project area in the upcoming season. Future programs planned at Startle and Astound will include mapping, geophysical surveys and maiden drilling programs to test the depth and lateral continuity of the identified lodes.

AM5 is up +10%, to 1.1c. Mkt cap $6.435 million.

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