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- Antipa Minerals (AZY) has reported significant high-grade gold and copper results from further drilling at its Minyari and WACA deposits in Western Australia
- The results came as part of a resource infill and extensional drilling program which included 56 reverse circulation drill holes, eight diamond-tail and six diamond core drilling holes
- The company says the drilling substantially extended zones of very high-grade gold-copper-silver-cobalt mineralisation outside the current mineral resource estimate boundaries
- Assay results are still pending for over 16,500 metres of drilling, with a survey expected to be complete during the first half of December
- Antipa last traded at 5.4 cents on December 3
Antipa Minerals (AZY) has reported significant high-grade gold and copper results from further drilling at its Minyari and WACA deposits in WA’s Paterson Province.
The results came as part of the Minyari-WACA 2021 resource infill and extensional drilling program. The latest assays covered a further 56 reverse circulation drill holes, eight diamond-tail and six diamond core drilling holes for a total depth of 25, 560 metres.
Results included one metre at 13.55 grams per tonne (g/t) gold and 0.77 per cent copper from 53 metres at Minyari, and two metres at 10.92 g/t gold and 0.04 per cent copper from 182.0m at WACA.
The company said the drilling substantially extended zones of very high-grade gold-copper-silver-cobalt mineralisation outside the current Minyari and WACA deposit mineral resource estimate boundaries.
Antipa also noted the results displayed mineralisation that is commonly associated with sulphide matrixed breccia zones, which will be followed up with a drillhole electromagnetic (DHEM) survey to identify further high-grade resource extension targets.
Antipa’s Managing Director, Roger Mason, said the results are an important step towards the company’s near term objective of a standalone open pit and underground mining operation.
“The confirmation of thick high-grade breccia style mineralisation at depth at both Minyari and WACA is exciting and provides the potential for further significant resource upside,” said Mr Mason.
“Based on encouraging brownfield and greenfield results the 2021 drill programme has further expanded to 52,600m with this programme expected to be completed by mid‐December.”
Further assay results are still pending for 16,550 metres of drilling, with a survey expected to be complete during the first half of December.
Antipa last traded at 5.4 cents on December 3.
