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Antares Metals Limited (ASX:AM5)

ALERT: Price-sensitive ASX Announcement for AM5
Current share price for AM5 : $0.006 0 (0%)+
Announcement
Release
22 Jul 2026 8:18AM
Price at Release
$0.006
Full Release
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Summary
Antares Metals Limited (ASX: AM5) has received approval for its Program of Work to initiate drilling at the Quinns project in Western Australia. This project is significant as it hosts the historic Austin copper-zinc-gold-silver VMS deposit. The company is targeting the establishment of a maiden JORC 2012 resource and examining mineralization extensions. The efforts at Quinns are supported by $237,500 in government co-funding, aimed at facilitating exploration that includes both drilling and geophysical surveys. Heritage surveys are expected to commence by mid-August 2026, paving the way for further exploration activities in the region. The Murchison area, known for its rich copper resources, provides a strategic advantage due to its proximity to processing infrastructure.
Key Points
  • Antares Metals Limited (ASX: AM5) is progressing its efforts to drill at the Quinns project in Western Australia.
  • The Program of Work for Quinns has been approved, with heritage surveys scheduled to start in mid-August 2026.
  • The Quinns project hosts the historic Austin copper-zinc-gold-silver VMS deposit.
  • AM5 aims to establish a maiden JORC 2012 resource at Quinns and explore step-out mineralization extensions.
  • High-grade copper and zinc intersections at Austin have been identified, which are not included in the current resource.
  • AM5 has secured $237,500 in EIS government co-funding to support drilling and geophysical surveys at Quinns.
  • The Murchison region, where Quinns is located, is rich in copper resources and proximal to established processing infrastructure.
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.