Antares Metals Limited Unveils High-Grade 22% Copper, 7.4g/t Gold & 394g/t Silver Results at Mt Isa North – A Breakthrough for Small-Cap Investors

Tuesday, August 12, 2025
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8:18 am
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Antares Metals Limited reveals impressive exploration outcomes at its Mt Isa North project. Rock chip tests have yielded up to 22% copper, 7.4g/t gold, and 394g/t silver, reinforcing the potential for a large-scale mineralized system and sparking excitement among beginner investors.

Antares Metals Limited has announced new exploration results from its Conglomerate Creek prospect within the Mt Isa North Copper and Uranium Project in northwest Queensland. Field teams have returned exceptionally high-grade rock chip samples, with some results featuring up to 22.0% copper, 7.4 grams per tonne gold, and 394 grams per tonne silver. These encouraging figures came from both the newly identified 450‐meter quartz vein system northeast of the main geophysical targets and other surface samples collected above areas showing strong geophysical responses. The company’s recent activities, building on its 2024 magnetic and gravity surveys, have pinpointed seven high-priority geophysical anomalies linked to a semi-circular intrusive feature. Detailed mapping of the Conglomerate Creek prospect has revealed intense alteration and elevated indicator minerals such as bismuth, tungsten, antimony, and selenium, which further support the existence of a large-scale copper system driven by the Conglomerate Creek intrusion. Several sample IDs, including ASR0051 and ASR0057, underscore the potential value of the site with their robust copper, gold, and silver grades. Financially, Antares Metals Limited’s balance sheet shows a market capitalization of approximately $3.1 million and a cash reserve of $1.3 million as of 30 June 2025. Despite its smaller market capital, the company’s exploration updates present a positive outlook. Executive comments have emphasized the strategic focus on systematic exploration across all tenement holdings, which could increase the project’s overall prospectivity by identifying additional zones of mineralisation. From an investment sentiment perspective, the news carries a bullish note with the discovery of high-grade mineralisation and a multi-metal potential that may attract increased interest from both exploration investors and those focusing on copper, gold, and silver markets. However, the bearish view may highlight the inherent risks of early-stage exploration, the company’s relatively low market cap, and the typical uncertainties that accompany initial resource discoveries. Overall, the results at Conglomerate Creek provide a mix of substantial promise tempered by the caution typical of a junior exploration stage.

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