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- Antipa Minerals (AZY) strikes further high-grade gold mineralisation at its wholly owned Minyari Dome Project in WA
- Significant gold and copper intersections have been returned including 172 meters at 1.68g/t gold and 0.21 per cent copper from 230 metres
- Full assay results have now been received for eleven reverse circulation drill holes for 3,282 metres which the company says demonstrates compatibility with the current mineral resource
- The company says the high-grade mineralisation intersected is materially thicker than the current inferred mineral resource, and will be extended via diamond-tail drilling
- Antipa Minerals last traded at 4.7 cents on July 19
Antipa Minerals (AZY) has struck further high-grade gold mineralisation at its wholly owned Minyari Dome Project in WA.
A phase one drill program began in early May to test for extensions of both the Minyari and WACA resources, which when combined host a high-grade JORC 2021 Mineral Resource Estimate of 723 thousand ounces of gold at 2g/t and 26 kilotons copper at 0.24 per cent.
Full assay results have now been received for eleven reverse circulation drill holes for 3282 metres which the company said demonstrates compatibility with the current Mineral Resource.
Significant gold and copper intersections returned included 172 metres at 1.68g/t gold and 0.21 per cent copper from 230 metres.
The company says the high-grade mineralisation intersected is materially thicker than the current inferred mineral resource and will be extended via diamond-tail drilling.
Antipa’s Managing Director, Roger Mason, said the results confirm the potential for significant resource growth at the Minyari deposit, as well as the potential for a stand-alone development opportunity.
“We are in the middle of the most active drilling year in Antipa’s history with nine rigs currently drilling across our four Paterson Province projects and we are delighted with the early success of this year’s programme to date.”
16,000 metres of 21,000 metres of the resource infill, resource extensional and brownfield discover drilling program have now been completed, with three drill rigs remaining on site.
Antipa Minerals last traded at 4.7 cents on July 19.
