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Antipa Minerals Ltd.

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Summary

Project:

Citadel

Deposit:Calibre
Location:Australia
Commodities:Gold-Copper-Silver-Tungsten
Date:12/20/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:20-12-2019: Antipa Minerals Ltd. announces an Exploration/Drilling Update report for its Calibre deposit at the Citadel project. Drilling results incl. 310.00m @ 0.56g/t Au, 565ppm Cu, 0.34g/t Ag, 168ppm W from 95.00m. Antipa Minerals Ltd (ASX: AZY) (“Ant
Resources:(Resource, Inf.): 63.8Mt @ 0.8g/t Au, 0.2% Cu, 0.6g/t Ag, 161ppm W at Citadel
CP/QP:[Overall Report]: Roger Mason (Internal)
ABSTRACT:Antipa Minerals Ltd (ASX: AZY) (“Antipa” or “the Company”) is pleased to provide an update on the exploration programme for the Citadel Project in Western Australia’s Paterson Province (Figure 1). The exploration programme is being fully funded by Rio Tinto Exploration Pty Limited (“Rio Tinto”) pursuant to a Farm‐in and Joint Venture Agreement (“Citadel Farm‐in”), with a budget of $3.4M1 allocated to the 2019 calendar year exploration programme (“Exploration Programme”). The recently completed Calibre drilling programme aimed to evaluate potential extensions to the existing Mineral Resource. Assay results received for the 2019 diamond drilling (DD) and reverse circulation (RC) holes confirm significant gold‐copper mineralisation materially beyond the limits of the current Mineral Resource (Figures 2 to 6 and Table 1).

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