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- Antipa Minerals (AZY) has intersected up to 141g/t gold from its Minyari Dome Project in Western Australia
- Throughout November and December, the company drilled six diamond holes across the Minyari, WACA and Judes deposits
- The aim of this drilling was to test for extensions at Minyari and WACA
- Overall, grades peaked at 141g/t gold, 9.64 per cent copper and 19.7g/t silver, and further drilling will be undertaken this month to follow up on the results
- Additionally, Antipa will also carry out a major drilling program to test the extensions of the mineralisation
- Antipa is up a healthy 21.4 per cent on the market this morning with shares trading at 3.4 cents
Antipa Minerals (AZY) has intersected up to 141g/t gold from its Minyari Dome Project in Western Australia.
Throughout November and December, Antipa drilled six diamond holes, totalling 2696 metres, across the Minyari, WACA and Judes deposits.
The aim of this diamond drilling was to test for extensions at the Minyari and WACA deposits which host a high-grade JORC 2012 mineral resource estimate (MRE) of 723,000 ounces of gold at 2g/t and 26,000 tonnes of copper at 0.24 per cent.
Of the five holes drilled at both prospects, four intersected high-grade mineralisation.
Overall, grades peaked at 141g/t gold, 9.64 per cent copper and 19.7g/t silver.
Pleasingly, the results confirm that significant zones of mineralisation exist outside of the MRE and the mineralisation at Minyari remains open in all directions to some extent.
“Critically, only five drill holes at Minyari have penetrated deeper than 430 metres below surface, with four of these five holes intersecting significant high-grade gold-copper-silver breccia mineralisation,” Managing Director Roger Mason said.
“The mineralisation remains open in all directions which, together with the several untested Minyari geophysical anomalies, provides a very exciting framework for this year’s Minyari Dome Project exploration program,” he added.
Antipa is set to undertake further drilling in April to follow up on these results.
The company will also be undertaking a 6000-metre diamond and 15,000-metre reverse circulation drilling program across the Minyari and WACA deposits.
The aim of this work is to test extensions to the mineralisation and upgrade the mineral resource estimate.
Antipa is up a healthy 21.4 per cent on the market this morning with shares trading at 3.4 cents at 10:31 am AEST.
