Antipa Minerals Limited (ASX: AZY) has identified high-grade copper and gold mineralisation in final assay results for the 2021 greenfield drill programme on its 100% owned, 144 sq. km Minyari Dome Project in Western Australia’s Paterson Province.
Highlights
- Final Minyari Dome Project 2021 greenfield drill holes at Minyari North and GP01 return high-grade gold (± copper, cobalt and silver)
- Assay results for final 6,440m of greenfield drilling included: Minyari North Prospect – 350 metres north of Minyari Deposit:
- 28.0m at 0.5 g/t gold and 0.16% copper from 134.0m down hole in 21MYC0336, including: 1.0m at 8.1 g/t gold and 0.24% copper from 135.0m
- GP01 Prospect – 350 metres east of WACA Deposit: · 7.0m at 1.5 g/t gold and 0.07% copper and 0.05% cobalt from 211.0m down hole in 21MYC0311, including: o 1.0m at 8.1 g/t gold and 0.10% copper and 0.07% cobalt from 216.0m
The Project is located within 35km of Newcrest Mining’s Telfer gold-copper-silver mine and mineral processing facility and 54km along strike from Greatland Gold-Newcrest’s Havieron gold-copper development project
These greenfield results continue to highlight the prospectivity of our 100% owned Minyari Dome Project,” Managing Director, Roger Mason, said.
“We believe there is strong potential to continue to grow the resource through both extensional and greenfields drilling.
The company is continuing greenfield exploration across the project in parallel with project evaluation activities, including the recently commenced drill programme at the Minyari Deposit Keel Zone, Minyari South, Sundown, Minyari North and GP01.
The programme targets potential open pittable opportunities, which in conjunction with success testing new soil and geophysical targets, could increase the resource further and enhance the development potential.
“The Scoping Study is well advanced and is likely to be completed ahead of schedule this quarter, with outcomes expected to define a pathway to the commencement of a Pre-feasibility Study.
“The majority of the 1Moz Indicated resource is within 300m of the surface, which delivers strong potential for open pittable reserves.
“The other exciting resource highlight was the high-grade 1.0 million gold equivalent ounces at 3.06 g/t gold equivalent, which provides the potential for underground development opportunities. All in all, an exciting twelve months ahead as the Company takes positive steps to transition from explorer to miner.”
