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[BUSINESS] · Canada, Australia · 3 sources

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Taranis Resources and Antares Metals report mineral findings

Taranis Resources, Inc. has released results from a study of by-product metals at its Thor site. Samples from Thor and the historic Ajax mine indicate consistent enrichment of epithermal-style precious and critical minerals. The findings suggest a single enrichment event is responsible for both deposits and indicate potential for further exploration between the two sites. The Thor mineral resource includes gold, silver, copper, lead, and zinc, with copper and zinc classified as critical minerals by the Canadian government. Other critical minerals identified include indium, antimony, and gallium.

In Australia, Antares Metals has confirmed copper mineralization at depth during its maiden 780m reverse circulation drilling program at the Conglomerate Creek Target 2 prospect in Queensland. All six holes in the program returned anomalous copper. One hole intersected 4m at 0.81% copper from 84m. The results validate the company's geological model for the Mt Isa North Copper Project. Antares plans to conduct surface electrical geophysics to prioritize targets for follow-up drilling.

Entities

Antares Metals · Conglomerate Creek · Queensland · Taranis Resources, Inc. · Thor