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Anteros Metals Inc. ( (TSE:ANT) ) has issued an update.
Anteros Metals Inc. reported that drilling at its Seagull Critical Minerals Project in northern Ontario, operated by Rift Minerals Inc. under an option agreement that could give Anteros up to a 49% stake, has intersected gas at a depth of about 877 metres, prompting a temporary suspension of drilling to secure the hole and assess conditions. The Seagull project, which targets platinum group elements, base metals and naturally occurring gases within the Seagull Intrusion of the Nipigon Basin, is in a Phase 1 drill program designed to test a deeper subsurface anomaly defined by earlier geophysical work; while the composition and significance of the newly encountered gas remain unknown, specialized sampling equipment is being mobilized, and the outcome could influence the project’s future exploration strategy and Anteros’ broader positioning in critical minerals and strategic gas opportunities.
More about Anteros Metals Inc.
Anteros Metals Inc. is a Canadian mineral exploration company focused on advancing a portfolio of projects in Newfoundland and Labrador and other select Canadian jurisdictions. The company uses a technically driven, data-supported exploration strategy to target critical minerals and emerging strategic commodities tied to the global energy transition, positioning itself within the growing market for battery and clean-energy-related resources.
Average Trading Volume: 50,641
Technical Sentiment Signal: Strong Buy
See more data about ANT stock on TipRanks’ Stock Analysis page.