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The latest update is out from Anteros Metals Inc. ( (TSE:ANT) ).
Anteros Metals reported assay results from drill hole RM26-01 at the Seagull Critical Minerals Project in northern Ontario, confirming platinum group element mineralization in the basal contact zone of the Seagull Intrusion that aligns with historic but unverified intersections. The company highlighted mineralized intervals grading up to 2.27 g/t combined platinum and palladium with associated copper and nickel, reinforcing the project’s critical minerals potential and supporting plans for further drilling.
The update also detailed preliminary gas indications encountered in three drill holes, including pressurized gas in RM26-01 and historical hole WM01-08, as well as minor anomalous gas in an extended historical hole, suggesting gas-bearing structures in basement rocks beneath the intrusion. Anteros and its partner plan to resume drilling in late April to early May 2026 to further test the basal PGE zones and systematically evaluate the gas system, which could influence the project’s future scope and strategic value for stakeholders.
More about Anteros Metals Inc.
Anteros Metals Inc. is a Canadian mineral exploration company focused on advancing projects in Newfoundland and Labrador and select Canadian jurisdictions, targeting critical minerals linked to the energy transition. The Seagull Critical Minerals Project in Ontario is being advanced under an option and joint venture agreement with private operator Rift Minerals Inc., through which Anteros can earn up to a 49% interest.
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Technical Sentiment Signal: Strong Sell
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