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Drill Results

Anteros Metals abandons drill hole RM26-01 at Seagull

By The Northwire Desk — AI Analysis Feb 03, 2026 · 19:43 ANT · 0.08 Anteros Metals Inc
ANT · Price

Executive Summary

  • Phase 1 drill hole RM26‑01 at the Seagull critical minerals project was abandoned at ~1,230 m due to downhole conditions.
  • The hole intersected localized orthomagmatic sulphide mineralization between 588.5 m and 607.5 m depth; samples will be sent for Pt, Pd, Ni, and Cu analysis.
  • A pressurized gas occurrence was encountered at ~877 m within a fault zone, providing an additional geological data point despite no further sampling planned.

Key Details

  • Operator & Agreement: Drilling conducted by Rift Minerals Inc., the project operator under Anteros’ option agreement (announced 9 Oct 2025) that may allow Anteros to earn up‑to 49 % interest.
  • Hole RM26‑01 Depth: Reached ~1,230 m; abandoned on 2 Feb 2026 after downhole conditions prevented further advancement.
  • Sulphide Mineralization Intercept: Logged between 588.5 m and 607.5 m depth within the basal cumulate sequence above the Archean basement contact; material selected for laboratory analysis (Pt, Pd, Ni, Cu).
  • Gas Occurrence: Detected at ~877 m depth in a narrow fault zone with bleached rock and clay gouge, ~100 m from historic gas occurrences (hole WM01‑08); composition and significance yet to be determined.
  • Sampling Limitations: Abandonment eliminated access to the gas‑bearing interval; no further gas sampling or monitoring will be performed on RM26‑01. Fault gouge material retained for possible future lab analysis if suitable.
  • Future Plans: Analytical results from sulphide samples will be released when available; findings will guide subsequent exploration activities at Seagull.

Notable Quotes

“While drilling in RM26-01 was discontinued earlier than planned due to downhole conditions, the program successfully achieved its primary geological objectives and delivered valuable new insight into the Seagull critical minerals system,” said Trumbull Fisher, CEO of Anteros Metals.

The release contains forward‑looking statements and safe‑harbor language; these have been omitted from this summary.

Read the original news release →

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