- Antipa Minerals (AZY) identifies high-priority soil and aircore gold and copper targets at two of its WA Farm-In projects
- The Paterson Farm-In is fully funded by IGO and activities form part of the regional exploration program across the Nifty, Telfer, Winu and Havieron targets
- Antipa says it identified three encouraging gold, gold-copper and pathfinder anomalies in this area, with the most advanced intersecting up to 0.43 g/t gold and 2.6 g/t silver
- Work is also being undertaken at the Wilki project Farm-In with Newcrest (NCM), where 43 holes were drilled to test greenfield and brownfield targets and ground EM surveys were completed
- Antipa is up 4.49 per cent with shares trading at 4.65 cents at 10:41 am AEST
Antipa Minerals (AZY) has identified high-priority soil and aircore gold and copper targets at two of its WA Farm-In projects.
The Paterson Farm-In is fully funded by IGO (IGO) to the tune of $30 million, and activities form part of the regional exploration program across the Nifty, Telfer, Winu and Havieron targets.
Work in this area includes aircore and diamond drilling, soil sampling, and airborne and ground geophysical surveys.
Antipa said it identified three encouraging gold, gold-copper and pathfinder anomalies in this area during its 2021 program, with the most advanced intersecting 21 metres at 0.13 g/t gold and 2.6 g/t silver from 55 metres including one metre at 0.43 g/t gold and 1 g/t silver from 57 metres.
The other two intersected iron-oxide bearing quartz veining with anomalous zinc, silver, lead, gold, copper and cobalt.
Additionally, four encouraging copper-gold, gold and multi-element pathfinder soil anomalies were identified from a soil geochemical sampling program.
These anomalies have been prioritised for infill soil sampling and aircore drill testing.
“The Paterson Farm‐in project’s exciting new soil and air-core targets are located within the highly prospective El Paso Structural Corridor, which extends from Havieron in the southeast, past Winu in the northwest,” Managing Director Roger Mason said.
“Last year’s exploration results, whilst early-stage, provided great encouragement, defining a number of early-stage but high-priority exploration targets that have the potential to deliver a major greenfield discover.”
Work is also being undertaken at the Wilki Project Farm-In with Newcrest (NCM), where 43 holes were drilled to test greenfield and brownfield targets and fixed-loop ground electromagnetic surveys were completed across six targets.
Results were received for six reverse circulation holes from the Dagga prospect and the Tyama magnetic target, but no significant intersections were encountered and no follow-up drilling has been planned.
Diamond drilling has been planned to test the Tetris and Pacman geophysical targets, while aircore drilling will be undertaken to identify gold-copper targets.
Finally, Antipa has received $355,000 in grants from the WA Government’s Exploration Incentive Scheme to diamond drill three Havieron look-alike targets.
Antipa was up 4.49 per cent with shares trading at 4.65 cents at 10:56 am AEST.