- Antipa Minerals (AZY) receives assays from drilling at its Minyari Dome Project in Western Australia
- Drilling within the resource area returns grades of up 20.6g/t gold, 8.25g/t silver and 2.85 per cent copper
- Assays from the Minyari East area also returned high-grade gold of up to 58.9g/t
- Managing Director Roger Mason says the results confirm the potential for significant resource growth
- Around 13,000 metres of the planned 21,000 metres of reverse circulation and diamond drilling has been completed
- Company shares are up 9.3 per cent and are trading at 4.7 cents
Antipa Minerals (AZY) has received the first batch of assays from drilling at its Minyari Dome Project in Western Australia.
The company began phase one drilling in May this year to test for extensions to the existing resource, explore for new zones of mineralisation and support project development studies.
These latest results account for 11 drill holes and have returned high grades.
Results from Minyari’s resource area include 21 metres at 3.58 grams of gold per tonne (g/t), 0.64 per cent copper and 1.66g/t silver from 100 metres including eight metres at 4.86g/t gold, 1.27 per cent copper; and 3.01g/t silver from 101 metres and one metre at 20.6g/t gold, 2.85 per cent copper and 8.25g/t silver from 102 metres.
Managing Director, Roger Mason, was pleased with these results.
“The first batch of Minyari deposit 2021 drill results confirm the potential for significant resource growth and a stand‐alone development opportunity based on an open pit and underground mining operation close to Telfer.”
Additionally, drilling at the Minyari East area returned high grade results include six metres at 16.83g/t gold, 0.5 per cent copper and 0.96g/t silver from 335 metres including one metre at 58.9g/t gold, 0.75 per cent copper and 1.88g/t silver.
Drilling also intersected mineralisation along 140 metres of strike and 150 metres of dip and it remains open in all directions.
Around 13,000 metres of the planned 21,000 metres of reverse circulation and diamond drilling has been completed.
Company shares were up 9.3 per cent and were trading at 4.7 cents at 10:10 am AEST.