Antares Metals Limited Uncovers 450m Copper Vein at Mt Isa North, Bolstering Large-Scale Copper Potential
Tuesday, July 15, 2025
at
8:19 am
Antares Metals Limited has discovered a 450m copper-bearing quartz vein at its Mt Isa North project in Queensland. This promising find supports potential large-scale copper mineralisation, as ongoing exploration and upcoming assay results could unlock further value for investors.
Antares Metals Limited has revealed encouraging developments at its Mt Isa North Copper and Uranium Project in northwest Queensland. Recent exploration work at the Conglomerate Creek Prospect has uncovered a copper-bearing quartz‐breccia vein system extending over 450 meters. Field teams followed up on strong magnetic and gravity anomalies identified during earlier surveys, and the newly mapped vein, located about 330 meters northeast of the primary geophysical targets, further supports the prospect of a large-scale copper system driven by the heat of the Conglomerate Creek intrusion.
Detailed field mapping and rock-chip sampling have highlighted the vein’s complex structure, including several intersecting shear zones and a prominent central splay zone approximately 50 meters wide. The visual mineralogy shows malachite, present at an estimated 10–20% by volume, and chalcocite in trace amounts. While historic exploration in the late 1960s had noted a copper anomaly in the area, no comprehensive follow-up had been undertaken until now. The company is awaiting laboratory assay results from the collected samples, with results expected within four to six weeks. In addition to these findings, Antares Metals is preparing for a third phase of reverse circulation drilling on its Surprise copper project pending previous assay data.
The news highlights both positive and cautious trading perspectives. Bullish sentiment centers on the discovery of an extensive mineralised system and the clear technical indicators, such as the alignment with gravitational and magnetic survey anomalies, which point to significant copper potential. The proactive “boots on the ground” exploration and systematic sampling add to the confidence that further exploration success could drive value upward. Conversely, bearish views may focus on the early stage of exploration, the pending assay results, and the inherent risks associated with mineral exploration. With a modest market capitalization and reliance on future drilling and assay confirmations, the development remains subject to price volatility and the challenges typical of junior exploration companies.