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Home Mining Companies & Mines History

Know Your Mining Companies and Mines: Antler Gold Inc.

by Editor
December 21, 2023
in Mining Companies & Mines History
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Know Your Mining Companies and Mines: Antler Gold Inc.
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Antler Gold Inc. is a Canadian-listed mineral exploration company focused on projects in Namibia and Zambia. Since its founding in 2016, the company has grown a portfolio of assets, diversified by commodity and jurisdiction. Antler is working on Onkoshi, Erongo and Paresis Gold Projects.

ONKOSHI GOLD PROJECT

  • Ownership 90% – Antler Gold PG
  • Project Status Exploration
  • Covers highly prospective areas of the Damara Mobile Belt for Gold
  • Significant similarities to B2Gold’s Otjikoto and Wolfshag deposits.
  • Historical magnetic surveys and IP geophysical surveys show the mineralization to be highly magnetic and conductive.
  • Interpreted combined strike length in the order of 5.5 km
  • Historic drill testing was conducted with encouraging Gold results, including PGE credits.
  • Less than 500m of strike length has been historically drill tested.
  • Numerous gold in soil anomalies and promising gold in rock (based on available exploration data).
  • Recent work has delineated open-ended mineralization, supported by coincidental EM and IP anomalies over a strike length of at least 3 km (2004, Helio Capital Corporation NI 43-101*)

ERONGO GOLD PROJECT

Ownership:        Up to 100% – EPL Specific

Project Status    Exploration

  • Covers highly prospective areas of the Damara Mobile Belt for Gold
  • Overlies similar lithologies and structures as the known Namibian Gold mines (QKR’s Navachab) as well as Osino Resources’ recent Twin Hills discovery (±2 Moz Au
  • 4,956-line km of Helimag flown
  • 7 Au targets (C1 to C7) identified from Helimag
  • 25 line-km IP surveyed across targets C1 and C2
  • 2,861 m of RC drilling completed over target C1
  • Four holes intersected significant Cu-Ag-Au mineralization (C1L14-4-3, C1L14-4-3A, C1L14-4-3B and C1L14-4-3C)
  • 2% Cu over 40 m (C1L14-4-3B: 29 – 69m) / 11.2 g/t Ag over 42 m (C1L14-4-3B: 27 – 69m) / 1.5 g/t Au over 11 m (C1L14-4-3: 11 – 22m)
  • 4,380 Soil and calcrete samples collected (incl. QA/QC)
  • 10 km Au in soil and calcrete anomaly identified (C2 Ext1) and (C2 S) supported by coincident magnetic geophysical anomalism.

DRILLING RESULTS ON C1 (EPL6162)

  • 2,861 m of RC drilling completed over target C1 Target in 2021 (EPL6162)
  • Four holes intersected significant Cu-Ag-Au mineralization (C1L14-4-3, C1L14-4-3A, C1L14-4-3B and C1L14-4-3C)
  • 2% Cu over 40 m (C1L14-4-3B: 29 – 69m) / 11.2 g/t Ag over 42 m (C1L14-4-3B: 27 – 69 m) / 1.5 g/t Au over 11 m (C1L14-4-3: 11 – 22 m)

DRILLING READY TARGETS C2EXT. & C2 SOUTH

  • Priority 1: C2 Ext1 (EPL-6408) and C2 Ext2 (EPL-8010) and C2 South (C2S) (EPL7261/EPL7960) HIGH priority targets
  • Drill-ready target identified from anomalous gold in soil and calcrete on C2 Ext1 target.
  • THE C2 S target is situated SW along the strike of Twin Hills deposit (assays pending), sharing the same structural setting

WORK DONE TO DATE: SIGNIFICANT UNTESTED POTENTIAL

  • 6 Exclusive Prospecting Licenses
  • Total Area: 25,766 Ha
  • High Priority: C2 South (C2S) (EPL7261/EPL7960) and C2 Ext1 (EPL-6408) and C2 Ext2 (EPL-8010) and
  • Drill-ready target identified from anomalous gold in soil and calcrete on C2 Ext1 target.
  • C2 S target 7 km Au anomaly situated SW along strike of Twin Hills deposit sharing the same structural setting.
  • C2 Main, C2 South (EPL-7960) and C2 NE Extensions (Ext1 and Ext2) (EPL-6408 and EPL-8010) represent significant potential to host mineralization and remain un-drill tested.
  • The regional-scale Fault Zones (Karibib and Kranzberg) have played a substantial role in gold mineralization (Twin Hills, Osino Resources).
  • The Karibib: Kuiseb litho contact represents a crucial regional mineralization target. (Twin Hills, Osino Resources).
  • Identified significant 7-km anomalies range of 10 to 405 ppb Au (background of less than 5ppb)
  • Located directly SW from Osino Resources Twin Hills Discovery (3.1m oz)

PARESIS GOLD PROJECT

  • Ownership: 100%
  • Project Status Ongoing
  • Early-stage greenfields project
  • No historical work has been done on Kuiseb formation in this area
  • Strategic location in a complex geological setting near critical regional structures
  • Share significant similarities to Karibib syncline – 70km X 10km / Paresis (Outjo) syncline – 85km X 12km
  • Systematic surface geochemistry is almost completed over the entire land package – several anomalies to be followed up
  • Extensive exploration program planned for 2023
  • Antler has approached surrounding EPL holders to secure tenement expansion
  • Antler has a commanding ground position of approximately 2,300km2 located within Namibia’s prospective Damara belt

CEO: CHRISTOPHER DRYSDALE

Drysdale is an experienced professional with international experience in the mineral and exploration industry. He currently serves as a Director on E-Tech Resources Inc. (TSX.V: REE), a rare earth elements (REE) exploration company focused on exploring the Eureka REE project in Namibia. He has previously served as the Kenyan Country Manager for Stockport Exploration, overseeing the operations for all aspects of its gold exploration and production activities throughout East Africa.

Before that, Drysdale worked as an Exploration Geologist for Remote Exploration Services (Pty) Ltd., a geological consulting firm based out of South Africa servicing all aspects of the mineral industry. Drysdale has a progressive and diverse background, extensive work experience in Namibia, and has been involved in various African mineral projects.

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