Antipa Minerals (ASX: AZY) has identified a very large air core gold and pathfinder anomaly, within its Paterson farm-in project in northern WA.
The AL01 anomaly is located just 17km north of its 1.5Moz Minyari gold-copper-silver resource.
The has also received the remaining results from its CY2023 exploration programme for the Paterson IGO farm-in project. This project, situated in the Paterson Province of Western Australia, is one of Antipa’s three partnered large-scale gold-copper growth projects. The recent assay results will inform the planning for the CY2024 exploration programmes.
Highlights
Paterson Farm-in Project
- Approximately 6,600m of the planned 9,000m FY2024 drill programme complete, comprising: 3,668m air core drilling - assays received; 1,423m reverse circulation drilling – assays received; and 1,492m diamond core drilling -assays received.
- These air core drilling results extend the AL01 anomaly to a 5km long target area.
- Maiden diamond core drilling programmes are scheduled to commence at the existing PP-GRAV01 and PP-GRAV02 targets during early April 2024.
- FY2024 programme budget of A$4.2 million fully funded and operated by IGO.
Wilki farm-in project
- HeritageSurveyrelatedtotheParklandstargetcurrentlyplannedforQ1/Q2CY2024in preparation for future drill testing.
- Parklands is a very large gold and pathfinder lag anomaly located just 10km from Telfer.
- Additional drilling is currently planned to commence at Tim’s Dome during Q2 CY2024.
- Programme budget fully funded and operated by Newmont.
Citadel joint venture project
- CY2024 exploration programme currently in development.
- Programme budget fully funded by Rio Tinto4 and operated by Antipa.
“Air core drilling at the AL01 target has extended the known anomalous zone to an impressive five km in length,” Antipa’s Managing Director, Roger Mason, said.
“When combined with the upcoming drilling at the existing PP-GRAV02 and PP-GRAV01 targets, fully funded by IGO, and currently planned upcoming drilling at Tim’s Dome, fully funded by Newmont, there is significant exploration upside set to be unlocked close to our Minyari resource.”
