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Antares Metals Limited (ASX:AM5)

ALERT: Price-sensitive ASX Announcement for AM5
Current share price for AM5 : $0.007 -0.004 (-36.36%)+
Announcement
Release
28 Oct 2025 8:14AM
Price at Release
$0.011
Full Release
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Summary
Antares Metals Limited announced further high-grade copper results from its Cromwell prospect, part of the Mount Isa North Project. The discovery includes significant copper mineralisation, with rock chip samples yielding copper grades up to 20.5% from the 'D' vein, extending the known mineralisation. The results from the 'A' vein also show promising values, with 8 out of 10 samples exceeding 1% copper. The company plans further exploration, including geophysical surveys, to identify drill targets. The findings underscore the potential value of the Cromwell prospect and contribute to the company's exploration success in the region, with expectations for continued exploration into 2026.
Key Points
  • Second set of results from Cromwell confirms mineralisation potential.
  • Samples from the 'D' shear zone return up to 20.5% Cu.
  • The 'A' shear zone shows significant mineralisation with results above 1% Cu.
  • Field activities continue along a 9-kilometre strike length.
  • Further exploration planned with ground and geophysical surveys.
  • Potential district-scale structure indicated by the results.
  • 40 out of 96 samples returned over 1% Cu.
  • Association with a second-order splay fault from the Paroo fault.
  • No modern exploration techniques applied previously, highlighting potential.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.