Antares Metals (ASX: AM5) continues to uncover significant potential within its Mt Isa North project in northwest Queensland, with rock chip samples from the Conglomerate Creek prospect returning as high as 22% copper, 1.6 grams per tonne gold and 394g/t silver.
Additional samples Antares collected at surface above a geophysical target returned results of up to 1.1% copper, 7.4g/t gold and 50g/t silver.
During its initial field reconnaissance, the company also uncovered a 450-metre long mineralised quartz vein system approximately 330m northeast of previously identified geophysical targets.
Follow-Up Program
The copper-bearing vein system suggests the existence of a large-scale copper mineralised system at Conglomerate Creek, with the elevated values shown in the company’s recent field activities offering additional evidence.
“Our Mt Isa copper and uranium project continues to return outstanding results and gives us further encouragement to systematically explore our tenement holdings,” chief executive officer Johan Lambrechts said.
“The results from Conglomerate Creek now indicate the presence of gold and silver in addition to the strong copper potential and enhance the prospectivity of the area.”
High-Priority Anomalies
Antares has so far unveiled seven high-priority anomalies at Conglomerate Creek, and is confident the area to the north contains additional geophysical targets with a stronger geochemical response for it to follow up in future field programs.
The company also reported sampling success in a program of field observation it conducted across the Mt Isa North project area in early July.
Most notably, rock chip samples Antares collected and dispatched for assay from the Queens Gift area approximately 77km north-northwest of Mt Isa have highlighted the potential for both economic uranium and copper mineralisation.
Queensland Mines originally discovered Queens Gift in 1969, with Deep Yellow subsequently completing a significant amount of work at the site between 2006 and 2011.
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