Antares Metals Commences Gravity and Airborne Magnetic Surveys to Define Copper Targets at Quinns Project

Shwetambri Chauhan

12 November 2026 10:15 AM AEDT

Antares Metals Commences Gravity and Airborne Magnetic Surveys to Define Copper Targets at Quinns Project

Image Source: Krish Capital Pty Ltd

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Antares Metals (ASX:AM5) has commenced ground gravity and airborne magnetic surveys at its 100%-owned Quinns Copper-Gold-Zinc VMS Project in the Murchison region of Western Australia, with results intended to guide the company's first RC and diamond drilling program at Quinns, planned for the March quarter 2027.

Key Points

A ground gravity survey has commenced covering the Austin deposit, the Dicksons gossan, and the Defiance-4E prospects at the Quinns Project.
A high-resolution airborne magnetic survey co-funded by the WA Government's Exploration Incentive Scheme (EIS) has also commenced.
EIS co-funding of $237,500 covers up to 50% of direct drilling costs, comprising $150,000 in direct RC and diamond drilling co-funding, $50,000 for targeted drilling and regional target generation, and $37,500 for the aeromagnetic survey.
The Quinns Project spans approximately 383 km² in the Murchison mineral field, centred approximately 70 km south of Meekatharra.
First RC and diamond drilling at Quinns is planned for the March quarter 2027.

Quinns Project Survey Program Details

The Quinns Project surveys are being conducted through third-party contractors across three areas of known mineralisation. The ground gravity survey is designed to sharpen existing targets and identify new ones along a horizon covering 20 km of strike. Gravity is considered well suited to VMS exploration because iron, copper, and zinc sulphides forming these deposits are denser than surrounding host rocks and can produce measurable gravity anomalies. The airborne magnetic survey is co-funded by the WA Government's EIS. Combined, the surveys cover the Austin deposit, the Dicksons gossan, and the Defiance-4E prospects.

Historical Mineralisation at Austin, Dicksons and Defiance-4E

The Quinns tenure hosts the historic Austin copper-zinc-gold-silver VMS deposit. High-grade historical intersections outside the historical estimate include drillhole 10ATD001, which returned 58m at 2.0% Cu, 8.6 g/t Ag and 0.42 g/t Au from 148m, including 2m at 16.9% Cu, 61.8 g/t Ag and 3.1 g/t Au from 165m, and 38m at 14% Zn from 105m, including 2m at 45.6% Zn from 140m. At Dicksons, previous drilling intersected 2m at 3.05 g/t Au from 282m. The Defiance prospect, located 2 km northeast of Austin, returned 30m at 0.25% Zn from 36m in historical drilling, including 4m at 0.45% Zn.

EIS Co-Funding and Drilling Program Timetable

The survey programs are supported by $237,500 in combined WA Government EIS co-funding secured in May 2026. This comprises $150,000 in direct RC and diamond drilling co-funding, $50,000 for targeted drilling and regional target generation, and $37,500 for the high-resolution aeromagnetic geophysical survey. The EIS co-funding covers up to 50% of direct drilling costs at Quinns. Antares disclosed that survey results will guide targeting for the company's first RC and diamond drilling at Quinns, which is planned for the March quarter 2027. The company acquired a 100% interest in the Quinns tenure in January 2026.

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