Anteros Expands Surface Base and Precious Metal Mineralization at the Havens Steady VMS Property, Newfoundland

Executive Summary

• Anteros Metals released first channel‑sampling results from the Main Mineralized Zone (MMZ) at Havens Steady, confirming continuous near‑surface polymetallic mineralization over ~750 m of strike.
• Highlight intercepts include up to 1.44 % Pb, 0.90 % Zn, 0.57 % Cu, 0.35 g/t Au and 51.6 g/t Ag over 1 m, demonstrating a high‑grade, laterally extensive VMS system.
• The company also extended the expiry of 2,633,000 warrants (exercise price $0.20) to 27 Nov 2026, keeping terms unchanged.

Key Details

• Channel Program: Nine closely spaced 4‑m channels; 36 one‑metre composite samples assayed.
• Top Intercepts (selected):
• Channel 1 (1–4 m): Au 0.10 g/t, Ag 22.5 g/t, Cu 0.038 %, Pb 0.747 %, Zn 0.268 %
• Channel 3 (0–3 m): Au 0.20 g/t, Ag 25.5 g/t, Cu 0.038 %, Pb 0.565 %, Zn 0.038 %
• Channel 5 (0–4 m): Au 0.26 g/t, Ag 21.0 g/t, Cu 0.112 %, Pb 0.584 %, Zn 0.287 %
• “Including” intervals (1‑m composites) showing peak values:
  • Au 0.54 g/t, Ag 47.7 g/t, Cu 0.267 %, Pb 1.36 %, Zn 0.04 %
  • Au 0.35 g/t, Ag 51.6 g/t, Cu 0.570 %, Pb 1.44 %, Zn 0.90 %
• Historical Context: Prior drill intercepts (May 1 2025) recorded 4.0 % Pb, 9.8 % Zn, 37 g/t Ag and 0.6 g/t Au over 6 m; recent grab samples (July 3 2025) returned 1.56 % Pb, 9.60 % Zn, 45 g/t Ag, 0.366 g/t Au.
• Geological Interpretation: Results validate the MMZ model, confirming surface‑proximate VMS‑style mineralization and supporting further trenching, channel sampling, and Phase I drilling in 2026.
• Next Steps: Additional trenching and channel work along strike; integration of new data with historic drill and geophysical datasets to refine Phase I drill targets covering >750 m trend.
• QA/QC: Samples analyzed by Eastern Analytical Ltd. (ISO/IEC 17025 accredited) using ICP‑OES, AAS for overlimit Pb/Zn/Ag, and fire assay for Au.
• Corporate Update – Warrant Extension: 2,633,000 warrants issued 27 Nov 2024 at $0.20 exercise price now extended to 27 Nov 2026; no change to price or other terms.

Notable Quotes

“These inaugural channel results demonstrate that mineralization at the MMZ extends to surface, consistent with our geological model,” said Trumbull Fisher, CEO, Anteros Metals. “The continuity and multi‑metal nature of the results support the MMZ… as a compelling follow‑up target for trenching and drill testing.”