- Antipa Minerals (AZY) has completed an extensive drilling campaign at the Minyari Dome Project, discovering multiple new gold-copper intersections
- The company tested areas surrounding its existing Minyari Resource with a total of 11,000 metres of drilling on 14 greenfield targets completed
- Drilling at Minyari South intersected significant shallow mineralisation, including hits of 19.4 grams per tonne (g/t) gold and 1.8 per cent copper
- Gold and copper mineralisation was also intersected at the Sundown target and AZY says there are multiple shallow discoveries which remain open at the project
- Shares in AZY are down 5.35 per cent at 5.3 cents each
Antipa Minerals (AZY) has completed an extensive drilling campaign at the Minyari Dome Project, discovering multiple new gold-copper intersections.
The company’s Minyari project consists of a 144 square kilometre area in Western Australia’s Paterson Province.
AZY has been exploring areas surrounding the existing Minyari Resource, with a total of 11,000 metres of drilling on 14 greenfield targets completed.
The materials stock said it made discoveries at four targets, with another four delivering significant sulphide mineralisation.
Drilling at Minyari South, which is 250 metres southwest of the resource, intersected significant shallow mineralisation.
Best results include three metres at 19.4 grams per tonne (g/t) gold and 1.4 per cent copper from 55 metres, and two metres at 9.4 g/t gold and 1.8 per cent copper from 99 metres.
Drilling at the Sundown target, 400 metres west of the Minyari Resource, intersected best results of 3.1 g/t gold and one per cent copper.
While follow-up drilling at a target 400 metres east of the WACA resource intersected mineral system-related sulphides and alteration along 150 metres of strike which remains open.
Finally, potentially significant mineral system-related sulphides and alteration were intersected at Minyari North, GP26, GAIP07-09 and Judes targets.
Commenting on the results, Antipa’s Managing Director Roger Mason said he was pleased with the results.
“The increasing cache of greenfield discoveries within close proximity to the Minyari and WACA deposits demonstrates the significant exploration and resource growth potential within the Minyari Dome Project,” he said.
“The Company’s recently completed 11,000 metre 2021 greenfield RC drill programme tested 14 targets and has delivered four discoveries with significant sulphide
mineralisation intersected at another four targets.
“The Minyari Dome area is showing signs of camp style potential with multiple mineral systems developed around one or more causative intrusions.”
Antipa Minerals shares were trading down 5.36 per cent at 5.3 cents each at 10:38 am AEDT.