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Antipa Minerals Ltd.

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Summary

Project:

Citadel

Deposit:Calibre South, Rimfire
Location:Australia
Commodities:Gold-Silver-Copper-Tungsten
Date:2/7/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:7-2-2018: Antipa Minerals Ltd. announces an Exploration/Drilling Update report for its Calibre South, Rimfire deposit at the Citadel project. Drilling results incl. 214m @ 0.34g/t Au, 0.07% Cu from 98m. Antipa Minerals Ltd (“Antipa”) (ASX: AZY) is pleased
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Roger Mason (Internal)
ABSTRACT:Antipa Minerals Ltd (“Antipa”) (ASX: AZY) is pleased to announce final results from the Citadel Project 2017 exploration programme, which was fully funded by Rio Tinto Exploration Pty Limited (“Rio Tinto”), a wholly owned subsidiary of Rio Tinto Limited. The 2017 Phase 1 and Phase 2 funding is part of Rio Tinto’s $8 million earn-in expenditure pursuant the second stage of the $60 million Citadel Project farm-in agreement between Rio Tinto and Antipa. The Citadel Project is 80km from Newcrest’s world-class Telfer gold-coppersilver mine in the Paterson Province of Western Australia. The Citadel Project’s 2017 exploration programme was divided into two phases. Phase 1 comprised geophysical surveys and the Rimfire region air core drilling programme. Phase 2 comprised a reverse circulation (RC) drilling programme designed to follow up targets generated during the Phase 1 exploration programme. Both phases of the Citadel Project 2017 exploration programme are now complete (Figure 1), details and results are outlined below. The Phase 2 programme involved the completion of eleven Reverse Circulation drill holes (2,490m total – Refer to Table 2) were completed across five target areas, including Calibre South (discussed below) and Rimfire targets Hangfire, Sundance, Valentina and Westwood (discussed subsequently in conjunction with the Phase 1 Rimfire air core results)

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