Transcript
Good day everyone.
Antares’ released some results about the second phase of drilling on Surprise and I’m here to tell you why I’m excited by them and what they represent for the Company.
The results include two metres of 2% copper from pXRF readings, with the assays still pending from the lab. And they were intersected beneath a 240 metre long quartz-calcite outcrop at surface with artisanal workings associated.
The intersection was made at about 106 metres vertical depth, and therefore the target is to and 40 metres long by 106 metres deep. And, if you consider that in the scheme of Surprise itself, it represents a more than doubling of the potential of Surprise by this one intersection.
So, it’s important to note that this is the first drillhole through this target and therefore many more should be drilled and we plan to do that, or start doing that without third phase of drilling, which will commence as soon as we can realistically.
So, this is an exciting target, a new extension of an unknown untested copper mineralisation zone and we are keen to test it.
So, in addition to Surprise, also thought I’d briefly mention Conglomerate Creek, this is another major target for Antares in our North Queensland projects. Conglomerate is an intrusion related target, seven large gravity anomalies, never been tested. Fantastic target.
And we’ve got geologists heading to the field as we speak and we’ll certainly keep you posted as to what they find while we are ready, the project for the drill rig to roll in, in the second half of the year.
So, if you want to know anything else, please visit our website or our socials and thank you very much for your support.