- 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.