The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Antipa Minerals (AZY) begins a phase two drill program at its Minyari Dome project in Western Australia
  • The company will complete up to 9000 metres of diamond core drilling, follow-up reverse circulation (RC) drilling, and 1400 metres of aircore drilling
  • It has two diamond core rigs testing multiple targets with a high potential for resource growth
  • In addition, Antipa’s pre-feasibility study has commenced, which will include a component of resource definition drilling
  • Shares are trading 2 per cent higher at 2.6 cents at 11:56 am AEDT

Antipa Minerals (AZY) has commenced a phase two drill program at its Minyari Dome project in Western Australia.

The company will complete up to a 9000-metre diamond core drill program, follow-up reverse circulation (RC) drilling, and 1400 metres of aircore drilling.

Assay results from the phase one program are expected over the next two months, with follow-up RC drilling to be undertaken depending on the results.

In the meantime, the company has two diamond core rigs testing multiple targets with a high potential for resource growth.

This includes the Minyari resource plunge extension and the Minyari North prospect, both located north of the Minyari resource.

Additionally, high priority greenfield gold-copper soil anomalies are scheduled to be tested with aircore drilling in November.

Managing Director Roger Mason said the company has started to unlock the potential of the project.

“The Minyari Dome Project economics are hugely leveraged to future resource growth, from both extensional and greenfield drilling opportunities and we have a pipeline of high‐prospectivity gold‐copper targets to drill,” he said.

Furthermore, the company’s pre-feasibility study has commenced, which will include a component of resource definition drilling.

Shares were trading 2 per cent higher at 2.6 cents at 11:56 am AEDT.

azy by the numbers
More From The Market Online

Temas Resources confirms significant gallium and scandium at La Blache

Temas Resources’ latest assays show the La Blache project in Quebec is a genuine multi-metal, multi-revenue…

GoldArc Resources begins major drilling campaigns at Leonora South

GoldArc is running RC and AC drilling programs in tandem at Leonora South in Western Australia…
The Market Online Video

The ASX Today: Relative calm didn’t last long as Brent back to US$100/bbl; March RBA hike priced in?

Greetings and welcome to HotCopper’s the ASX Today, I’m Jon Davidson and after an attack on a Thai cargo ship in the Strait of Hormuz

Magnum Mining and Exploration ramping up exploration at Parker project

Magnum Mining and Exploration is preparing for drilling at the Parker project in Arizona on the…