Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
An announcement from NickelSearch Ltd. ( (AU:AM5) ) is now available.
Antares Metals has completed the acquisitions of the Quinns and Katanning projects in Western Australia, securing 100% ownership and expanding the Quinns footprint to 383km² with new exploration licences and an approved drilling Program of Work. Early rock chip and soil sampling at Quinns has confirmed gold mineralisation near historic workings, positioning the company to begin first drilling in the coming quarters.
At Mt Isa North, maiden drilling at the Queens Gift Uranium Project intersected high-grade uranium in all five holes, supporting a pathway toward a JORC 2012 mineral resource estimate, while rock chips at the Startle and Astound prospects returned very high copper-gold grades across multiple mineralised zones. Antares also completed approvals for a 1,000m RC program at Conglomerate Creek and raised about $970,000 via a placement, as new managing director Terry Topping focuses on converting recent exploration momentum into defined resources and value for stakeholders.
More about NickelSearch Ltd.
Antares Metals Ltd is an Australian mineral exploration company focused on gold, copper, and uranium assets. Its portfolio now spans a Western Australian gold and copper-zinc VMS position in the Meekatharra and Katanning regions and the advanced Mt Isa North copper-uranium project in Queensland, targeting resource growth in established mining districts.
Average Trading Volume: 3,579,340
Technical Sentiment Signal: Sell
Current Market Cap: A$6.42M
For an in-depth examination of AM5 stock, go to TipRanks’ Overview page.