Business
Anteros Metals Initiates Critical Mineral Deposit Modelling at Their Havens Steady VMS Property in Newfoundland
St. John's, Newfoundland and Labrador--(Newsfile Corp. - February 11, 2025) - Anteros Metals Inc. (CSE: ANT) ("Anteros" or the "Company") is pleased to announce
About this update from Anteros Metals Inc.
[{"type":"text","content":" St. John's, Newfoundland and Labrador--(Newsfile Corp. - February 11, 2025) - 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. Figure 1: Havens Steady Property location (1:350,000 scale) 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...