- Antipa Minerals (AZY) sees “significant” drill intersections from the final six holes at the Citadel project in the Paterson Province of WA
- Citadel is a joint venture with Rio Tinto (RIO), with Antipa holding a 35 per cent interest and Rio holding a 65 per cent interest
- The company has released the final results from its drilling program, which focused on targets across the project but especially the Calibre deposit
- Calibre was extended 100 metres to the west and 150 metres to the south
- Further drilling is planned at the Citadel 2022 exploration program, which will be operated by Rio Tinto
- Antipa Minerals is up 2.22 per cent to 4.6 cents per share while Rio Tinto is up 0.71 per cent to $114.20 as of 10:39 am AEST
Antipa Minerals (AZY) has seen “significant” drill intersections from the final six holes at the Citadel project in the Paterson Province of WA.
Citadel is a joint venture with Rio Tinto (RIO), with Antipa holding a 35 per cent interest and Rio holding a 65 per cent interest.
The company has released the final results from its drilling program, which focused on targets across the project but especially the Calibre deposit.
Calibre was extended 100 metres to the west and 150 metres to the south. Drill intersections from the final six holes measured up to 14.4 metres at 1.02 grams per tonne (g/t) gold and 0.08 per cent copper, including 1.8 metres at 7.02 g/t gold and 1.37 g/t silver.
Meanwhile, the Magnum North prospect also showed notable gold-silver-copper mineralisation, with intercepts included 18.5 metres at 0.54 g/t gold and 0.23 per cent copper and 7.2m at 0.92 g/t gold, 0.6 per cent copper and 1.8 g/t silver.
Further drilling is planned under the Citadel 2022 exploration program, which will be operated by Rio Tinto.
The upcoming program will include 8000 to 11,000 metres of drilling focused on the Rimfire area. Drilling is targeting a material discovery under shallow cover.
Antipa Minerals is up 2.22 per cent to 4.6 cents per share while Rio Tinto is up 0.71 per cent to $114.20 as of 10:39 am AEST.