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Anteros Metals Inc. ( (TSE:ANT) ) just unveiled an announcement.
Anteros Metals Inc. reported an update on Phase 1 drilling at its Seagull Critical Minerals Project in Ontario, where operator Rift Minerals Inc. has been conducting work under an option agreement that could see Anteros earn up to a 49% interest. The first drill hole, RM26-01, was abandoned at about 1,230 metres due to downhole conditions, but intersected localized orthomagmatic sulphide mineralization in the basal cumulate sequence and encountered a pressurized gas occurrence within a fault zone, with collected mineralized intervals now being sampled for platinum, palladium, nickel and copper, and limited retained material available for potential analysis of the gas-related fault gouge. Management said the hole met its key geological objectives by confirming sulphide mineralization and providing structural data consistent with the company’s exploration model, information that will guide future exploration planning and help shape next steps at Seagull once analytical results are received.
More about Anteros Metals Inc.
Anteros Metals Inc. is a Canadian mineral exploration company focused on critical minerals and emerging strategic commodities tied to the global energy transition, advancing a portfolio of projects across Newfoundland and Labrador and other select Canadian jurisdictions through a technically driven, data-supported exploration approach.
Average Trading Volume: 128,987
Technical Sentiment Signal: Strong Buy
For detailed information about ANT stock, go to TipRanks’ Stock Analysis page.