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Antipa Minerals Ltd.
Summary
| Project: | Paterson | |
|---|---|---|
| Deposit: | Chicken Ranch, Tims Dome | |
| Location: | Australia | |
| Commodities: | Gold-Silver-Copper-Cobalt | |
| Date: | 5/13/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-5-2019: Antipa Minerals Ltd. announces a Resource Estimation report for its Chicken Ranch, Tims Dome deposit at the Paterson project. Initial mineral resource estimate at Tim's Dome and Chicken Ranch. Antipa Minerals Ltd (“Antipa” or “the Company”) (AS | |
| Resources: | (Resource, Inf.): 2.570Mt @ 1.3g/t Au for 103.5Koz Au contained at Chicken ranch and Tim's dome | |
| CP/QP: | [Resources]: Shaun Searle (Ashmore Advisory Pty Ltd.) | |
| ABSTRACT: | Antipa Minerals Ltd (“Antipa” or “the Company”) (ASX: AZY) is pleased to announce its Paterson Project’s Chicken Ranch area and Tim’s Dome maiden Mineral Resource estimates, which are located 25km and 34km respectively from the Company’s Minyari‐WACA resource and less than 15km from Newcrest’s Telfer gold‐copper‐silver mine in the Paterson Province of Western Australia (see Figure 1 and Figure 2). These latest maiden Mineral Resources have boosted the Company’s 100% resource to 827,000 ounces of gold and combined with a strategy to convert several additional satellite brownfield targets to resource status in the coming year provide further support to the Company’s development aspirations. Antipa’s ability to continue to deliver resource growth in addition to greenfield discoveries is well supported by the current cash position that allows a continuation of the aggressive Paterson Province dual strategy to simultaneously target both resource extensions and new discoveries. | |
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