Antares Metals (ASX:AM5) has identified new copper mineralisation and extensional targets via a phase two drill program at the Surprise Copper Project in Northwest Queensland.
The results confirm that copper mineralisation is present in a 240m-long target, located 200m north and along the strike area of the Surprise Mine. The target is strengthened by an untested outcropping quartz-calcite vein hosted and artisanal workings along its length.
Laboratory results also confirm the portable x-ray fluorescence (pXRF) results intersected at the Marvel prospect. The discovery was made by an 80m wide intersection of disseminated sulphide and chalcopyrite mineralisation in hole ASD015, 1.2km north of Surprise associated with a large chargeability anomaly.
Antares adds that the assay results also confirm the presence of copper mineralisation and justify additional drill testing of the target.
As such, a third drilling phase is currently being designed, which aims to expand the newly identified zones.
CEO Johan Lambrechts says the results confirm what the pXRF had identified, and the company is “excited” to test both targets.
“The extensional target could significantly enlarge the mineralisation footprint of Surprise, and Marvel represents a separate and distinct copper mineralised opportunity,” Lambrechts says.
Field activities on Conglomerate Creek, Moonside, Julius, Startle and others are ongoing.
The Surprise Project is part of the broader Mt Isa North Project which comprises 2,003km2 of granted and pending exploration tenements located near the city of Mount Isa in Northwest Queensland.
Antares Metals is a junior mineral explorer focused on discovering primarily copper and uranium deposits in Australia.
The company will be attending the Noosa Mining Investor Conference, being held at Peppers Noosa Resort from 23-25 July. Mining.com.au is an official media partner of this year’s event. To register click here.
Write to Aaliyah Rogan at Mining.com.au
Images: Antares Metals
