Antipa Minerals Ltd (ASX:AZY) has identified a number of key targets which is now planning to target with a concentrated programmes in 2018.
The company has four mineral deposits within 35km of each other and all with mineralisation commencing at or close to surface.
Two of these, Minyari and WACA, are situated within the Minyari Dome and are approximately 40km from Newcrest’s world-class Telfer gold-copper-silver mine in the Paterson Province of Western Australia.
Antipa recently released a maiden Indicated and Inferred Mineral Resource for Minyari-WACA of 11.0Mt grading 2.0 g/t gold, 0.24% copper and 380ppm cobalt for 723,000 ounces of gold, 26,000 tonnes of copper and 4,000 tonnes of cobalt.
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Tim’s Dome, situated 35km southwest of the Minyari-WACA deposits and only 12km from the Telfer Mine, has significant gold mineralisation from near surface extending over a strike length in excess of 4km.
Chicken Ranch, situated 25km south-east of the Minyari-WACA deposits and only 15km from the Telfer Mine, has significant gold mineralisation along approximately 3km of strike over several parallel trends.
The company’s Managing Director Roger Mason said the objective moving forward into 2018 is to carry out Air Core, Reverse Circulation (RC) ± diamond drilling programmes across these four deposits and surrounding targets to build up a major, stand-alone production opportunity which envisages a centralised gold-copper±cobalt processing facility treating multiple satellite sources of ore.