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Antipa Minerals Ltd.
Summary
| Project: | Paterson | |
|---|---|---|
| Deposit: | AEM Targets | |
| Location: | Australia | |
| Commodities: | Copper-Zinc-Cobalt-Silver-Gold | |
| Date: | 8/22/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 22-8-2019: Antipa Minerals Ltd. announces an Exploration/Drilling Update report for its AEM Targets deposit at the Paterson project. AC drilling results for 19 AEM targets received. Antipa Minerals Limited (ASX: AZY) (“Antipa”, “the Company”) is pleased | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Roger Mason (Internal) | |
| ABSTRACT: | Antipa Minerals Limited (ASX: AZY) (“Antipa”, “the Company”) is pleased to provide an update in relation to its ongoing exploration programme on 100% owned ground in the Paterson Province. The first phase of the 2019 exploration programme, including 13,000m of Air Core (AC), slim‐line RC and RC drilling, has been completed (Table 2). The programme systematically tested 23 greenfield aerial electromagnetic (AEM) geophysical targets and one brownfield prospect, Turkey Farm. Assay results have been received for the first 19 targets with 13 of those targets providing encouraging results (summarised in Table 1 and Figures 1 to 6) that require follow up RC drilling, including deeper drilling into identified targets. This Phase 2 programme is underway and will be completed in 2019. At AEM target # 28 (“Grey”), eight shallow (average hole depth 42m) Phase 1 drill holes intersected strong Cu‐Zn‐Co‐Au‐Ag anomalism under shallow cover (10 to 40m) across 350m above the EM target (Figure 2). A single drill line was completed at Grey and the anomalism remains open in all directions. The untested EM conductor was modelled as being shallow ENE dipping across a strike length of approximately 900m and will be followed up in the near term. Due to depth penetration limitations, particularly in fresh rock, the air core slim‐line RC drill rig was unable to reach the AEM target depth for up to eight targets. These targets will be drill tested during the Phase 2 RC drill programme. The initial drill testing of up to a further four AEM targets was also deferred to Phase 2. | |
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