- Tim’s Dome firms-up as a priority target
- Thick gold-copper-lead-silver mineralisation intersected in two deepest holes
- Mineralisation occurs directly above substantial, untested reef style, bedding parallel AEM conductor
- Conductor lies approximately 50m to 100m beneath extent of current drilling
Antipa Minerals (ASX:AZY) has identified further significant potential at its Minyari gold-copper project in WA with a successful second batch of assay results from phase one CY2026 drilling.
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The results come from 70 drill holes for 7,781m completed at the Tim’s Dome, GEO-01, Minyari Dome and AL01 targets.
At Tim’s Dome, reverse circulation (RC) drilling has intersected broad gold-copper-lead-silver mineralisation over approximately 500m of strike, directly above a large, untested airborne electromagnetic (AEM) conductor.
The conductor extends for approximately 1.2km, is between 200m to 470m wide and lies approximately 50m to 100m beneath the limits of current drilling.
MD, Roger Mason, said the latest results also successfully extended mineralised lodes at GEO-01 South, returned a strong geotechnical drilling intersection at WACA, and defined a coherent two km long gold-copper air core anomaly at AL01.
“Phase one drilling has considerably strengthened our internal view of the Tim’s Dome target, with an interesting mineralisation profile that includes high-grade gold and copper with overlapping zones of lead mineralisation returned to the end of some holes,” Mr Mason said.
“Mineralisation has now been identified over approximately 500m of strike, directly above a large AEM conductor that the RC rig could not reach in this round of testing.
“The geological setting, metal association and scale of the underlying conductor support our interpretation that the drilling may be defining the upper expression of a larger Telfer-style reef system.
“We’re keen to test this conductor as soon as possible, with diamond tail drilling scheduled to commence by mid-August. So, with drilling also continuing at WACA and Chicken Ranch, there is activity at several high- priority discovery and growth opportunities across the broader Minyari project.”
Three rigs remain actively drilling at WACA, Tim’s Dome and Chicken Ranch.
The new discovery at AL01 features new notable intersections including 26m at 0.08 grams per tonne (g/t) gold and 183 parts per million (ppm) copper from 12m in and 39m at 0.05 g/t gold and 185 ppm copper from 4.0m in a separate hole.
Mr Mason told shareholders the AL01 results confirm that follow-up RC drilling is warranted, with program design to be finalised following receipt and interpretation of outstanding air core results.
AZY was steady at 2.2¢ with a Mkt cap of $361.3M prior to markets opening.
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