Antares Metals (ASX:AM5) CEO Johan Lambrechts says the company’s “out of the box thinking” has led to the discovery of a mineralised structural corridor containing copper at the Cromwell prospect in Queensland.
A sampling program was carried out which identified a previously unrecognised, district-scale copper mineralisation zone at Cromwell. Rock samples returned grades up to 22.5% copper.
The company notes a series of mineralised structures were also discovered extending up to 9km long and 30m wide, with all structures remaining open along strike.
Lambrechts says the discovery was made by field geologists making observations that led to the identification of the district-scale mineralised area.
“The subsequent set of excellent sample results reveals the fantastic potential of the Cromwell prospect and the large-scale of the mineralisation footprint,” he says.
“Cromwell certainly warrants further field and geophysical activities to identify potential mineralisation hot spots.”
Future work at Cromwell requires geophysics to help define potential mineral traps or higher grade zones within the known structures, as well as to generate additional targets within the large metabasalt block.
Airborne gravity and magnetic, alongside detailed electrical survey techniques are under consideration.
Field teams are also continuing to review, map, and sample prospects as they continually update and improve the ranking and project phase of the various targets and prospects.
The Cromwell prospect lies within the Mt Isa North Copper-Uranium Project in Queensland. The project covers 2,003km2 of granted and pending exploration tenements.
Antares Metals is a copper and uranium explorer focused on its portfolio of assets across Australia.
Write to Aaliyah Rogan at Mining.com.au
Images: Antares Metals
