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The latest announcement is out from NickelSearch Ltd. ( (AU:AM5) ).
Antares Metals Ltd has announced promising exploration results at its Skevi and U4A uranium prospects within the Mt Isa North Copper and Uranium Project. The Skevi prospect has shown high-grade uranium mineralization, with historical rock chip results reaching up to 5,584 ppm U3O8 and significant drilling intercepts. Meanwhile, the U4A prospect, which lacks historical data, has revealed encouraging uranium and thorium levels, marking it as a high-priority target for further exploration. These developments position Antares Metals to potentially enhance its uranium resource base, complementing its existing copper-focused activities and potentially impacting its market positioning in the uranium sector.
More about NickelSearch Ltd.
Antares Metals Ltd (ASX: AM5) operates in the mining industry, focusing on the exploration and development of copper and uranium resources. The company is actively engaged in projects in northwest Queensland, Australia, particularly around the Mt Isa North Copper and Uranium Project.
Technical Sentiment Signal: Sell
Current Market Cap: A$4.12M
See more insights into AM5 stock on TipRanks’ Stock Analysis page.