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Antares Metals Limited (ASX:AM5)

ALERT: Price-sensitive ASX Announcement for AM5
Current share price for AM5 : $0.007 0 (0%)+
Announcement
Release
27 May 2026 8:21AM
Price at Release
$0.007
Full Release
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Summary
Antares Metals Limited (ASX: AM5) has announced significant findings of widespread, high-grade gold mineralisation at its Quinns project in Western Australia. The announcement highlights the successful rock chip sampling, which returned high-grade gold results at multiple sites. Three priority drill targets have been identified: Finlays Gold Prospect, Fennell Gold Prospect, and Favourite Gold Mine. Historically, the area has been explored for copper-zinc mineralisation, leaving the gold potential largely untested. The project is strategically located near existing mills, providing a potential pathway for future development. Antares is planning heritage surveys, expanded soil sampling, and comprehensive geophysics to support upcoming drilling activities. The company's efforts at Quinns are part of a broader strategy that includes concurrent projects in Queensland and Western Australia.
Key Points
  • High-grade gold results from rock chip sampling at Quinns.
  • Three priority drill targets identified: Finlays, Fennell, and Favourite.
  • Potential for district-wide high-grade gold mineralisation at Quinns.
  • Strategically located near Monument Mining and Westgold Resources mills.
  • Plans for heritage surveys, soil sampling, and geophysics at Quinns.
  • Concurrent exploration activities at Mt Isa North and Katanning projects.
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.