Article

Antares Metals has identified high-grade uranium mineralisation at its Queens Gift project in Queensland, highlighted by hole ADQ002, which returned 20 meters at 741 ppm uranium, including 8 meters at 1288 ppm. The recent reverse circulation drilling program, completed in 2025, involved five holes over 954 meters and successfully intersected the targeted uranium mineralisation.

This result supports the transition of the resource estimate to JORC 2012 standards and indicates a substantial mineralised system. The Queens Gift project is part of the larger Mt Isa North copper and uranium portfolio, located near Paladin Energy's Valhalla project.