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Antipa Minerals Ltd.

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Summary

Project:

North Telfer

Deposit:Minayri
Location:Australia
Commodities:Gold-Copper
Date:8/1/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:1-8-2018: Antipa Minerals Ltd. announces an Exploration/Drilling Update report for its Minayri deposit at the North Telfer project. Drilling results incl. 18m @ 3.05g/t Au, 0.32% Cu, 0.05% Co from 47m. Antipa Minerals Limited (ASX: AZY) (“Antipa”, “the Co
Resources:x
CP/QP:[Overall Report]: Roger Mason (Internal)
ABSTRACT:Antipa Minerals Limited (ASX: AZY) (“Antipa”, “the Company”) is pleased to announce that it has received the first assay results from its 2018 Minyari Dome reverse circulation (RC) drilling programme in progress at its North Telfer Project 40km north of Newcrest Mining Ltd’s Telfer gold mine and processing facility in Western Australia’s Paterson Province (Figure 3). The RC drilling programme has initially focused on the Minyari Dome area and identifying new mineralisation in proximity to the Minyari and WACA Mineral Resources (Figure 1). Drill hole 18MYC0146 was testing the Minyari South air core target located approximately 300m from those established deposits. Due to encouraging field observations, drill hole 18MYC0146 was assigned laboratory priority and is the only hole for which assay data has been received to date. It returned high-grade intercepts of 18.0 metres at 3.05 g/t gold, 0.32% copper and 0.05% cobalt downhole from 47.0 metres, including 1.0 metre at 18.25 g/t gold, 1.33% copper and 0.15% cobalt from 52.0 metres, and 2.0 metres at 11.03 g/t gold, 0.20% copper and 0.05% cobalt from 91.0 metres, including 1.0 metre at 19.59 g/t gold, 0.24% copper and 0.09% cobalt from 91.0 metres. Refer to Figures 1 and 2 for a plan and section view of the drilling and Tables 1a-b and 2 for drill hole intersection and collar details. The two zones of high-grade mineralisation identified in 18MYC0146 are located approximately 70m south-west of a high-grade intercept of 6.0 metres at 9.28 g/t gold and 0.05% copper from 31.0 metres including 2.0 metres at 25.25 g/t gold from 32.0 metres (17MDA0100) returned from air core drilling in 2017.

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