The Pick News

Antipa hits multiple high-grade gold and copper intersections at Minyari

Written by Colin Hay | Jan 31, 2025 12:36:24 AM

Antipa Minerals Ltd (ASX: AZY) has received high-grade copper and gold assay results from the third batch of 36 holes completed during CY2024 Phase 2 drilling at its 100%-owned Minyari Dome Gold-Copper Project, located in the Paterson Province of Western Australia.

This batch of assay results comprises 31 reverse circulation (RC) holes (for 4,680m) and five diamond core holes (for 988m). Results confirm the discovery of additional new zones of near-surface, high-grade gold ± copper at the GEO-01 Main Zone and Fiama, while also revealing significant gold-copper-silver-cobalt intersections within the main Minyari Deposit.

Mineralisation remains open across multiple GEO-01 lodes, Fiama, Minella, Minyari South, and Minyari Southeast, offering significant resource growth potential.

“The third batch of assay results from CY2024 Phase 2 drilling continues to deliver exceptional outcomes and builds on the already stellar results returned in earlier batches of the programme,” Managing Director, Roger Mason, said.

“Much of the new mineralisation discovered begins from near surface, and, importantly, in many instances, remains open at depth. This highlights the immense potential for further resource expansion at the Minyari Dome Project.

“The mineralisation is gold- and copper-dominant, with additional valuable credits likely to be available from the strong silver and cobalt grades, serving to further enhance the economic appeal of the deposit.

“Planning for CY2025 drilling is well advanced, and field activities are set to commence this quarter, providing further opportunities to grow the Minyari Dome Mineral Resource base and unlock its full potential.

In parallel, we have advanced various technical workstreams to enable refinement and progress on the development opportunity at the Minyari Dome Project, and we expect to formally begin an advanced economic study shortly.”