Anteros Initiates Critical Mineral Deposit Modelling at Their Havens Steady VMS Property in Newfoundland

Anteros Initiates Critical Mineral Deposit Modelling at Their Havens Steady VMS Property in Newfoundland

 

Anteros Metals Inc. (CSE: ANT) ("Anteros" or the "Company") is pleased to announce commencement of inaugural 3D modeling at its 100%-owned critical-mineral-bearing Havens Steady Property (the "Property"). The Property boasts a road-accessible Volcanogenic Massive Sulphide ("VMS") lead-zinc-silver ±copper-gold deposit, is close to hydroelectric power, and is located in an established mining district in south-central Newfoundland. Modelling of recently-digitized historical data will allow for effective targeting of zone extensions and the identification of wider and higher-grade zones, including areas of copper-gold enrichment. Follow-up exploration is scheduled for late spring and early summer 2025.

 

PROPERTY HIGHLIGHTS

 
  • Situated in a region renowned for significant Kuroko-type VMS deposits, known for their rich polymetallic characteristics and significant economic yields
  •  
  • Geologically consistent mineral deposit with a 1,000-meter strike length of lead-zinc-silver ±copper-gold mineralization
  •  
  • Notable high-grade intercepts (Table 1), including 2.72 metres of 2.1% Cu, 3.6% Pb, 6.17% Zn, 56.42g/t Ag and 1.82g/t Au in historical drill hole HS09-18 from 97.42 to 100.14 metres
  •  
  •  Road accessible and proximal to past-producing VMS mine-sites and infrastructure
  •  
  • Approximately 8,150 metres of historical drilling since 1986, the most recent of which was conducted in 2009 (approximately 1,145 metres)
  •  
  •  Fully permitted for exploration diamond drilling from the Mineral Lands Division of Newfoundland and Labrador
  •  

LOCATION AND MINERAL TENURE

 

The Property lies 15 kilometres south of the past-producing Duck Pond lead-zinc-copper VMS mine and 40 kilometres southeast of the town of Buchans (Figure 1). The Property is comprised by seven claims covering 175 hectares in the prolific Buchans-Victoria Lake area. Hosted by rocks of the Red Cross Group volcanic belt, the Property hosts high-grade VMS-style base and precious metal mineralization, including critical minerals zinc and copper.

 

Cannot view this image? Visit: https://images.newsfilecorp.com/files/9885/240423_5213bd8154dc49d4_002.jpg

Figure 1: Havens Steady Property location (1:350,000 scale)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9885/240423_5213bd8154dc49d4_002full.jpg

 

REGIONAL AND PROPERTY GEOLOGY

 

The Havens Steady Property is situated within the Central Mobile Belt of the Dunnage Zone in Newfoundland and Labrador. The region is underlain by sequences of Cambrian to Silurian volcanic and sedimentary rocks and related intrusive rocks. The Property borders the Victoria Lake Supergroup, a complex assortment of several distinct volcanic sequences, some of which host world class VMS deposits such as the past-producing Duck Pond VMS Mine, which had reserves of 4.078 million tonnes grading 3.29% Cu, 5.68% Zn, 59.3g/t Ag and 0.86g/t Au and an additional inferred and measured 1.073 million tonnes of 3.04% Cu, 7.05% Zn, 71.2g/t Ag and 0.8g/t Au prior to the commencement of mining operations in 2006 (Canadian Mining Journal, Aug 1, 2006).

 

The Property is dominated by felsic volcanic rocks interbedded with graphitic argillites and siltstones (Figure 2). Extensive sericitization and silicification within the felsic volcanic units occurs with chloritic alteration associated near zones of massive sulfides and stringer sulfides, including significant occurrences of sphalerite and galena. This geological setting mirrors that of Kuroko-type VMS deposits known for their rich polymetallic content and significant economic yields, as exemplified by the renowned Kuroko deposits in Japan.

 

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Figure 2: Geology, geophysics, and historical drilling at Havens Steady

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9885/240423_5213bd8154dc49d4_003full.jpg

 

Since acquiring the Property in January 2024, Anteros has performed comprehensive digital compilation of the historical exploration data. Compilation confirmed that previous geophysical work, including airborne electromagnetics, identified multiple conductive anomalies consistent with the presence of sulfide mineralization. Additionally, historic drill programs have outlined multiple zones of high-grade lead, zinc, silver, and copper mineralization demonstrated by the presence of sphalerite and galena with bornite and chalcopyrite in copper-rich zones. The known deposit area has a strike length of at least 1,000 metres and historic drilling shows mineralization extending to over 800 metres below surface.

 

Anteros has now initiated inaugural 3D modeling of the various mineralized horizons within the deposit. This modeling effort will enable precise targeting of higher-grade zones and the extension of known zones, including those enriched with copper and gold. Drill testing is scheduled to commence in late spring/early summer of 2025, and will become part of an inaugural mineral resource estimate.

 

HISTORIC DRILLING HIGHLIGHTS

 

Length-weighted intercepts from historical drill holes completed at Havens Steady appear in Table 1.

 

Table 1: Length-weighted intercepts from historical drilling at Havens Steady

 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
Drill HoleFrom (m)To (m)Int. (m)Cu %Pb %Zn %Ag g/tAu g/tZnEq*
HS-87A-8633.1073.6040.500.010.680.818.400.071.74
including71.2572.601.350.031.966.0353.490.149.53
HS-87-29.2068.9059.700.110.170.668.300.232.05
including67.3067.600.300.040.7016.3047.80.0718.67
HS-87-2103.35107.103.750.060.723.91n/a0.124.89
HS-88-01170.00218.6048.600.010.190.503.700.070.97
including170.00172.002.000.030.353.5819.80.074.76
HS-88-0262.5064.602.100.271.284.4530.810.378.19
HS-88-03182.00250.0068.000.090.551.4511.800.203.04
including182.40185.002.600.911.326.4445.681.9917.35
including191.00192.001.000.303.565.9832.500.5511.79
including199.70201.001.300.203.564.5237.800.279.39
HS-88-05286.00287.001.000.224.4816.8021.000.2121.57
HS-88-05298.00395.7097.700.040.331.579.200.092.47
including298.00302.004.000.300.743.6221.380.146.17
HS-88-05317.00322.005.000.090.412.4314.400.193.99
HS-88-05332.60337.504.900.050.883.6422.960.075.31
HS-88-05345.40349.404.000.010.492.9715.000.074.01
HS-88-05374.60378.604.000.010.764.1111.900.075.21
HS-88-06108.50109.501.000.660.236.5228.000.5511.30
HS-88-06130.00134.004.000.030.672.235.530.073.12
HS-88-07410.40413.903.500.142.729.8928.430.5414.49
HS-88-07457.85460.702.850.181.087.1333.710.169.97
HS-88-07476.70516.7040.000.010.261.077.600.081.75
including484.70487.703.000.010.442.729.670.073.55
HS-88-07504.60511.707.100.020.582.4716.900.113.77
HS90-11573.70575.201.500.010.843.7115.750.014.82
HS09-1768.0089.9021.900.010.281.006.700.031.51
including69.0073.704.700.010.611.6912.890.042.64
HS09-1832.2534.252.000.020.422.119.020.032.82
HS09-1866.3068.302.000.100.212.2612.650.113.45
HS09-1888.3188.810.501.191.579.7067.502.7224.46
HS09-1892.30100.147.840.861.683.6426.220.8610.78
including97.42100.142.722.103.606.1756.421.8222.25
HS09-18126.50135.509.000.440.893.9231.460.217.55
HS09-18153.90165.2011.300.080.622.1819.060.083.69
including158.30161.303.000.021.073.9324.800.055.63
HS09-2092.56103.1010.540.030.471.2316.890.072.38
including98.0699.751.690.141.824.0190.390.229.25
HS09-20116.30125.559.250.110.631.7625.250.043.47
including123.05124.551.500.160.893.2942.830.076.00
HS09-2198.3899.871.491.261.985.7187.611.9919.58
HS09-21133.77159.1525.380.100.521.7813.740.093.14
including142.61146.614.000.091.543.2427.900.205.98
 

 

 

*Zinc Equivalent ("ZnEq") calculated using US$4.25/lb Cu, $0.8/lb Pb, $1.3/lb Zn, $30/oz Ag, and $2500/oz Au, and assumes 100% recovery

 

QUALIFIED PERSON

 

Jesse Halle, P. Geo., an independent Qualified Person in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed the technical material contained in this news release and approves the content of the News Release.

 

ABOUT Anteros Metals Inc.

 

Anteros is a multimineral junior mining company using data science to target and acquire highly prospective deposits for exploration and development throughout Newfoundland and Labrador. The Company is currently focused on advancing four key projects across diverse commodities and development horizons. Immediate plans for their flagship Knob Lake Property include bringing the historical Fe-Mn Mineral Resource Estimate into current status as well as commencing baseline environmental and feasibility studies.

 
 

For further information please contact or visit:

 

Email: info@anterosmetals.com | Phone: +1-709-769-1151
Web: www.anterosmetals.com

 

Social: @anterosmetals

 

On behalf of the Board of Directors,

 

Chris Morrison

 

Director
Email: chris@anterosmetals.com | Phone: +1-709-725-6520

 

Web: www.anterosmetals.com/contact

 

16 Forest Road, Suite 200
St. John's, NL, Canada
A1X 2B9

 
 

Cautionary Statement Regarding Forward-Looking Information

 

This news release may contain "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities legislation. All information contained herein that is not historical in nature may constitute forward-looking information. Forward-looking statements herein include but are not limited to statements relating to the prospects for development of the Company's mineral properties, and are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward looking statements. Except as required by law, the Company disclaims any obligation to update or revise any forward-looking statements. Readers are cautioned not to put undue reliance on these forward-looking statements.

 

 

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/240423

 

 

 

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Anteros Returns High-Grade Lead-Zinc-Silver in Surface Samples from the MMZ at its Havens Steady VMS Property, Newfoundland

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Anteros Metals Inc. (CSE: ANT) ("Anteros" or the "Company") is pleased to announce assay results from six grab samples collected at the Main Mineralized Zone ("MMZ") of its wholly-owned, road-accessible Havens Steady VMS Property ("Havens Steady" or the "Property") in central Newfoundland. These samples confirm high-grade lead-zinc-silver mineralization at surface and show associated gold and copper enrichment consistent with a polymetallic volcanogenic massive sulphide ("VMS") system.

 

The grab samples were collected during a recent field visit, focused on confirming the tenor and extent of exposed mineralization within the MMZ. All samples were collected from bedrock outcroppings of gossanous surface material. Surface grab sample highlights are given in Table 1, below.

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Prospecting highlights include grab samples1 of angular float returning up to 2.17% copper, 21.3 g/t silver, and 0.22 g/t gold from a previously untested target area. The discovery, coincident with historical copper-in-soil anomalies and geophysical targets, is interpreted to be locally derived and confirms the prospectivity and strike extension potential of the MMZ.

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Anteros Metals Inc. (CSE: ANT) ("Anteros" or the "Company") is pleased to announce the identification of a near-surface, high-grade, critical-metal-bearing zone at its 100% owned, road-accessible Havens Steady VMS Property ("Havens Steady" or the "Property") in central Newfoundland. AI-assisted 3D modelling of historical drill data has highlighted stacked lenses of zinc-lead-silver-copper mineralization near surface. This newly interpreted target area, termed the NHC Zone, remains largely untested by historical drilling and will be a key focus of upcoming exploration activities. Field validation and further targeting work are planned to support an inaugural mineral resource estimate for the Property.

 

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(TheNewswire)

 
       
  Prismo Metals Inc. 
                
 

Vancouver, British Columbia, July 18, 2025 TheNewswire - Prismo Metals Inc. (" Prismo " or the " Company ") (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to announce that further to its news release dated July 3, 2025, the Company has upsized and closed its previously announced non-brokered private placement of units of the Company (" Units ") at an issue price of $0.05 per Unit  (the "Private Placement" ). Due to strong investor demand, the Private Placement was increased from 5,000,000 Units to the issuance of 11,500,000 Units for gross proceeds of $575,000.

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Finlay Minerals Ltd . (TSXV: FYL,OTC:FYMNF) (OTCQB: FYMNF), the "Company", is pleased to announce that the approved budget under the Earn-In Agreements with Freeport-McMoRan Mineral Properties Canada Inc. ("Freeport") 1 for both the PIL and ATTY Projects, has been increased to a total of $3.6 million .

 
 

  Finlay Minerals Ltd. logo (CNW Group/Finlay Minerals Ltd.) 

 

Both projects are situated in the highly prospective Toodoggone District of British Columbia , which continues to develop as an important copper-gold (Cu-Au) district with significant potential for further discoveries.

 

Initially, the 2025 budget was set at a minimum of $750,000 for the PIL property and $500,000 for the ATTY property. However, these amounts have now been revised to up to $2.6 million for the PIL project and up to $1.0 million for the ATTY project. Both programs are fully funded under the Earn-In Agreements with Freeport . According to these agreements, Freeport may earn an 80% interest in each property by investing a total of $35 million in exploration expenditures and making cash payments totaling $4.1 million over/up to six years.   2 Until the Finlay-Freeport Earn-In Agreements complete, Finlay owns 100% of both properties.

 

The PIL   Property lies in the heart of the Toodoggone region and features several porphyry copper-gold (Cu-Au) targets, along with associated epithermal gold-silver (Au-Ag) mineralization.  To date, 18 porphyry Cu ± Mo ± Au and porphyry-related low- and high-sulphidation epithermal Au-Ag occurrences have been outlined on the PIL Property. The PIL property is adjacent to Amarc Resources and Freeport-McMoRan's JOY Project, as well as TDG Gold Corp.'s Shasta/Baker and Sofia Properties. It is also situated 25 kilometres ("km") northwest of Centerra Gold's former Kemess South Mine and 15 km east of Thesis Gold's Lawyers Project.

 

The ATTY Property covers 3,875 hectares of sub-alpine terrain in the southern Toodoggone region, an area known for significant porphyry copper-gold (Cu-Au) and epithermal gold-silver (Au-Ag) deposits. It is located between Centerra Gold's Kemess Project and the JOY Project, held by Amarc Resources and Freeport-McMoRan. The KEM target on the ATTY Property resembles the Kemess North Trend, which is home to the Kemess Underground and Kemess East deposits. Exploration will focus on the Wrich target, located near the copper geochemical anomaly at the SWT target on the JOY Property. This anomaly extends over 2 km and continues onto the ATTY Property for an additional 1.2 km to the southeast.

 

  The 2025 programs at the PIL and ATTY are well underway with:  

 
  • Detailed property-wide, 100 metre line-spaced airborne magnetic surveys completed on both properties;

  •  
  • Detailed geological and alteration mapping and expanded rock and soil sampling on up to 8 target areas on the PIL underway, with the ATTY expected to start by the end of July;

  •  
  • 53 line-km of induced polarization ("IP") geophysical surveys planned on the PIL and 16 line-km on the ATTY, and

  •  
  • Finlay acting as the Operator on both properties.
  •  

Finlay's President and CEO, Ilona Lindsay , states :  

 

  "We are very pleased with the substantial increase in approved funding for both the PIL and the ATTY. This additional funding will allow us to identify and prioritize as many targets as possible for drilling in 2026."  

 

  References:  

 
  1. Freeport-McMoRan (FCX) is a leading international metals company focused on copper, with major operations in the Americas and Indonesia and significant reserves of copper, gold, and molybdenum.

  2.  
  3. Finlay news releases NR 03-25 dated April 17, 2025 entitled: "  Finlay Minerals Enters into Earn-In Agreements with Freeport for its PIL & ATTY Properties " and NR 05-25 dated May 2, 2025 and entitled: "  Finlay Minerals Receives TSX Venture Exchange Approval for PIL Earn-In Agreement. "
  4.  

  Qualified Person:  

 

  Wade Barnes , P. Geo. and Vice President, Exploration for Finlay Minerals and a qualified person as defined by National Instrument 43-101, has approved the technical content of this news release.

 

  About finlay minerals ltd.  

 

Finlay is a TSXV company focused on exploration for base and precious metal deposits with five properties in northern British Columbia :

 

Finlay trades under the symbol "FYL" on the TSXV and under the symbol "FYMNF" on the OTCQB. For further information and details, please visit the Company's website at www.finlayminerals.com   .  

 

  On behalf of the Board of Directors,  

 

  Robert F. Brown ,
Executive Chairman of the Board

 

  Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.  

 

   Forward-Looking Information:    This news release includes certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements.  Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their negative connotations, or that events or conditions "will", "would", "may", "could", "should" or "might" occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements in this news release include statements regarding, among others, the exploration plans for the PIL & ATTY Properties. Although Finlay believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These forward-looking statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental approvals, the ability of Finlay and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Finlay's proposed transactions and programs on reasonable terms, and the ability of third-party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law.  

 

SOURCE finlay minerals ltd. 

 

 

 

 Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2025/17/c1585.html  

 
 

 

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(TheNewswire)

 
        
  Juggernaut Exploration Ltd. 
                   
 

Vancouver, British Columbia TheNewswire - July 17, 2025 Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the "Company" or "Juggernaut"), further to its July 3, 2025, news release the Company is pleased to announce that it has received approval from the TSX Venture Exchange to close its private placement financing (the "Financing") for aggregate gross proceeds of $1,000,000.

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