Anteros Secures Knob Lake Property Mineral Tenure to 2030
St. John's, Newfoundland and Labrador--(Newsfile Corp. - February 5, 2025) - Anteros Metals Inc. (CSE: ANT) ("Anteros" or the "Company") is pleased to announce the successful filing of the Knob Lake Property NI 43-101 Technical Report (the "Report") with the government of Newfoundland and Labrador Department of Industry, Energy and Technology ("IETNL"). The approval of the Report's expenditures as assessment credits and the recent renewal of the mineral licence has secured the Company's mineral tenure at the Knob Lake Property until 2030.
The Knob Lake Property (the "Property") hosts a high-grade Iron and Manganese deposit located in an active mining jurisdiction in Labrador, near Schefferville Québec. The Property is 100% owned by Anteros and is strategically located close to necessary infrastructure such as hydropower and rail facilities, supporting the potential for future operational developments.
PROPERTY HIGHLIGHTS
Historic Mineral Resource Estimate1 with favorable metallurgical testing, and a current NI 43-101 Technical Report, available on SEDAR + (www.sedarplus.ca)
Approximately 2,750 metres of historical drilling, 1,246 metres of which was conducted after 2006
Favourable Synclinal structure centred over iron-rich members of the Sokoman Formation
Road-accessible with active rail rights-of-way and proximity to modern hydropower lines
Active Exploration Approval from the Mineral Lands Division of IETNL
Long-term mineral tenure security within an active iron mining jurisdiction
LOCATION AND MINERAL TENURE
The Knob Lake Iron and Manganese Deposit is located in western Labrador 2.5 kilometres south of Schefferville, Québec, 1.5 kilometres east of the James Iron Deposit, and 2.3 kilometres southeast of the former Silver Yards beneficiation plant at Ruth Lake. The Property is road accessible from the town of Schefferville (Figure 1). The mineral licence consists of three contiguous mineral claim units, covering an area of 75 hectares that are in good standing until October 28, 2030.
Figure 1: Knob Lake Property location and mineral tenure map (1:40,000 scale)
To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/9885/239674_09559f5f94c1694a_002full.jpg
GEOLOGY AND MINERALIZATION
The Labrador Trough, straddling parts of Labrador and Québec, is known for Superior-type iron formations that have been explored and mined for iron since 1954. The principal iron formation unit of the area, is the Sokoman Formation, a 30 to 350 metre-thick iron-rich stratigraphic unit running along the length of the Labrador Trough. The lower and middle members of the Sokoman Formation are the most economically important, responsible for world-class iron-ore deposits commonly containing more than 50% hematite and magnetite. The Property is positioned over a synclinal fold structure affecting the Sokoman Formation (Figure 2) and is viewed as favourable for iron mining in the district.
Figure 2: Geology and historical drilling of the Knob Lake Property
Note: LIF, MIF, SCIF, UIF are Lower, Middle, Silica-Chert, and Upper Iron Formations, all geologic sub-units of the Sokoman Formation (Unit 11). DB is diabase of the Shabogamo Formation. Adapted from Orth (1972)
To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/9885/239674_09559f5f94c1694a_003full.jpg
HISTORICAL RESOURCES
Mineral exploration at the Property began in the 1970s when the Iron Ore Company of Canada conducted reverse circulation ("RC") drilling, diamond drilling, and trenching, producing a mineral inventory on the Property in 1982. In the decade following 2006, Labrador Iron Mines Ltd. conducted diamond drilling and RC drilling, along with LiDAR surveying and airborne gravity and magnetic surveying over the Property, and commissioned an inaugural mineral resource estimate ("MRE") for the Property in 2012 which was updated in 2014. The 2014 MRE is summarized in Table 1.
Table 1: Knob Lake Property Historical Mineral Resource Estimate (Dupéré, 2014)1
Fe 'Ore'
Classification
Tonnes2,3
Fe (%)
P (%)
Mn (%)
SiO2 (%)
Al2O3(%)
Measured (M)
2,824,000
55.01
0.070
1.00
10.21
0.48
Indicated(I)
2,259,100
54.33
0.061
1.07
11.19
0.46
Total (M+I)
5,083,500
54.71
0.066
1.03
10.65
0.47
Inferred
643,800
51.78
0.085
1.21
13.53
0.45
Mn 'Ore'
Classification
Tonnes2,3
Fe (%)
P (%)
Mn (%)
SiO2 (%)
Al2O3(%)
Measured (M)
375,000
50.55
0.086
5.59
8.45
0.68
Indicated(I)
214,000
49.56
0.076
4.87
9.60
0.80
Total (M+I)
588,000
50.19
0.082
5.33
8.86
0.72
Inferred
127,000
49.18
0.046
4.80
9.66
0.40
1The mineral resource for the Knob Lake Deposit (Dupéré, 2014) is considered historical in accordance with NI 43-101 (see paragraph below for important disclosures regarding historical resources) 2Historical mineral resources are rounded to the nearest 10,000 tonnes3Historical mineral resources that are not mineral reserves do not have demonstrated economic viability
This historical mineral resource estimate is from a Technical Report entitled Technical Report: Schefferville Area Phase I DSO Iron Projects Resource Update, Western Labrador - NE Québec, Canada by Maxime Dupéré dated June 27, 2014 and is filed on SEDAR+. The Technical Report was prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"), NI 43-101F1, and with CIM standards and Mineral Resource best practices. The independent Qualified Person believed project data was suitable for mineral resource estimation at that time. The stated resource uses an iron cut-off grade of 50%, and grades were not capped. An independent Qualified Person will be required to compile and validate historic Property data, model the data, and estimate the mineral resource to obtain a current mineral resource. A qualified person has not done sufficient work to classify the historical estimate as a current mineral resource and Anteros Metals Incorporated is not treating the historical estimate as a current mineral resource.
QUALIFIED PERSON
Jesse Halle, P. Geo., an independent Qualified Person in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and accepted the technical material contained in this news release.
ABOUT ANTEROS METALS INC.
Anteros is a multimineral junior mining company using data science to target and acquire highly prospective deposits for exploration and development throughout Newfoundland and Labrador. The Company is currently focused on advancing four key projects across diverse commodities and development horizons. Immediate plans for their flagship Knob Lake Property include bringing the historical Fe-Mn Mineral Resource Estimate into current status as well as commencing baseline environmental and feasibility studies.
For further information please contact or visit:
Email: info@anterosmetals.com | Phone: 1-800-417-1468Web: www.anterosmetals.comSocial: @anterosmetals
On behalf of the Board of Directors,Chris MorrisonDirectorEmail: chris@anterosmetals.com | Phone: 709-725-6520Web: www.anterosmetals.com/contact16 Forest Road, Suite 200St. John's, NL, CanadaA1X 2B9Cautionary Statement Regarding Forward-Looking Information
This news release may contain "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities legislation. All information contained herein that is not historical in nature may constitute forward-looking information. Forward-looking statements herein include but are not limited to statements relating to the prospects for development of the Company's mineral properties, and are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward looking statements. Except as required by law, the Company disclaims any obligation to update or revise any forward-looking statements. Readers are cautioned not to put undue reliance on these forward-looking statements.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/239674

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Yahoo
18 minutes ago
- Yahoo
PreveCeutical Announces Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 11, 2025) - PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) (the "Company" or "PreveCeutical"), is pleased to announce a non-brokered private placement (the "Offering") of up to 15,000,000 units in the capital of the Company (the "Units") at a price of $0.05 per Unit for gross proceeds of up to $750,000. Each Unit consists of one (1) common share of the Company (each, a "Share") and one-half (1/2) of one Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder thereof to purchase an additional Share (each, a "Warrant Share") at an exercise price of $0.08 per Warrant Share for a period of 24 months from the closing of the Offering (the "Closing"); provided that the expiry of the Warrants can be accelerated if the closing price of the Company's common shares on the Canadian Securities Exchange (the "CSE") is $0.10 or greater for a minimum of ten consecutive trading days, and a notice of acceleration is provided in accordance with the terms of the Warrants. Finder's fees may be paid. The Company intends to use the aggregate gross proceeds from the sale of the Offering to pay outstanding payables, for operating expenses and for general working capital purposes. All securities issued in connection with the Offering will be subject to a statutory hold period expiring four months and one day after the Closing. Completion of the Offering remains subject to certain conditions, including, without limitation, confirmation of no objection from the CSE. The securities issued under the Offering will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. About PreveCeutical PreveCeutical is a health sciences company that develops innovative options for preventive and curative therapies utilizing organic and nature identical products. PreveCeutical aims to be a leader in preventive health sciences and currently has five research and development programs, including: dual gene therapy for curative and prevention therapies for diabetes and obesity; the Sol-gel Program; Nature Identical™ peptides for treatment of various ailments; nonaddictive analgesic peptides as a replacement to the highly addictive analgesics such as morphine, fentanyl and oxycodone; and a therapeutic product for treating athletes who suffer from concussions (mild traumatic brain injury). For more information about PreveCeutical, please visit our website or follow us on Twitter and Facebook. On behalf of the Board of Directors of PreveCeutical, Stephen Van Deventer, Chairman and Chief Executive Officer For further information, please contact: Stephen Van Deventer: +1 604 306 9669 Or Investor Relations ir@ Neither the CSE nor any Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation that are not historical facts. Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements with respect to the expectations of management regarding the proposed Offering, the expectations of management regarding the use of proceeds of the Offering, closing conditions for the Offering, the expiry of hold periods for securities distributed pursuant to the Offering and other statements regarding the company's proposed business plans. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including that: the Company may not complete the Offering on terms favorable to the Company or at all; the proceeds of the Offering may not be used as stated in this news release; the Company may be unable to satisfy all of the conditions to the Closing; and those additional risks set out in the Company's public documents filed on SEDAR+ at Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Yahoo
18 minutes ago
- Yahoo
Pride at Work Canada Closes the Market
Toronto, Ontario--(Newsfile Corp. - June 11, 2025) - Colin Druhan, Executive Director, Pride at Work Canada/Fierté au travail Canada ("Pride" or "Pride at Work Canada") his team, and a selected group of Community and Proud Partners, joined Dani Cohen, Head of Talent and Organizational Development, Human Resources, TMX Group, to close the market to celebrate Pride Month. Cannot view this video? Visit: This meaningful event reflects the growing recognition that uplifting 2SLGBTQIA+ human rights in the workplace is not just a matter of equity, but a strategic business imperative. By championing welcoming cultures, employers empower current and future talent to thrive authentically. With a national network of over 250 Proud Partners, Pride at Work Canada demonstrates that organizations across sectors are not only celebrating Pride, but actively working year-round to build safer, more inclusive, and equitable workplaces for all. The vision that Pride at Work Canada shares with their employer members is a Canada where every individual can achieve their full potential at work, regardless of gender expression, gender identity, and sexual orientation. MEDIA CONTACT:Andrew PerezMedia Contactandrew@ To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27 minutes ago
- Yahoo
Denarius Metals Announces Voting Results of the Annual General and Special Meeting of Shareholders Held Today
Toronto, Ontario--(Newsfile Corp. - June 11, 2025) - Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF) ("Denarius Metals" or "the Company") is pleased to announce the voting results of the Annual General and Special Meeting of Shareholders held today. Shareholders holding 56,914,696 shares, being 52.09% of the outstanding shares of the Company as at the record date, were represented by proxy at the meeting. The detailed results of the votes for each matter acted upon are set out below: Item Description of Matter Outcome Voted Voted (%) 1. Fixing the number of directors at six Approved For 56,724,120Against 190,575 99.67%0.33% 2. The election of the following individuals as directors of the Company to hold office until the next annual meeting of the Company or until their successors are appointed or elected: Serafino Iacono Approved For 54,337,668Withheld 35,600 99.94%0.06%Federico Restrepo-Solano Approved For 54,318,869Withheld 54,399 99.90%0.10%Paul Sparkes Approved For 54,327,068Withheld 46,200 99.92%0.08%Mateo Restrepo Villegas Approved For 54,327,068Withheld 46,200 99.92%0.08%Francisco Sole Approved For 54,343,768Withheld 29,500 99.95%0.05%Patricia Herrera Paba Approved For 54,339,269Withheld 33,999 99.94%0.06% 3. Appointment of KPMG LLP as auditors of the Company at a remuneration to be fixed by the directors Approved For 56,908,196Withheld 6,500 99.99%0.01% About Denarius Metals Denarius Metals is a Canadian junior company engaged in the acquisition, exploration, development and eventual operation of precious metals and polymetallic mining projects in high-grade districts in Colombia and Spain. Denarius Metals is listed on Cboe Canada where it trades under the symbol "DMET". The Company also trades on the OTCQX Market in the United States under the symbol "DNRSF". In Colombia, Denarius Metals recently commenced mining operations at its 100%-owned Zancudo Project, a high-grade gold-silver deposit, which includes the historic producing Independencia mine, located in the Cauca Belt, about 30 km southwest of Medellin. In Spain, Denarius Metals has interests in three projects focused on in-demand critical minerals. The Company owns a 21% interest in Rio Narcea Recursos, S.L. and is the operator of its Aguablanca Project, which has recently been recognized by the EU as a Strategic Project. The Aguablanca Project comprises a turnkey 5,000 tonnes per day processing plant and the rights to exploit the historic producing Aguablanca nickel-copper mine, located in Monesterio, Extremadura. Denarius Metals also owns a 100% interest in the Lomero Project, a polymetallic deposit located on the Spanish side of the prolific copper rich Iberian Pyrite Belt, approximately 88 km southwest of the Aguablanca Project, and a 100% interest in the Toral Project, a high-grade zinc-lead-silver deposit located in the Leon Province, Northern Spain. Additional information on Denarius Metals can be found on its website at and by reviewing its profile on SEDAR+ at Cautionary Statement on Forward-Looking Information This news release contains "forward-looking information", which may include, but is not limited to, statements with respect to anticipated business plans or strategies. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Denarius Metals to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption "Risk Factors" in the Company's Annual Information Form dated March 31, 2025 which is available for view on SEDAR+ at Forward-looking statements contained herein are made as of the date of this press release and Denarius Metals disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements. For Further Information, Contact: Michael DaviesChief Financial Officer(416) 360-4653investors@ To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data