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Antipa Minerals Ltd.

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Summary

Project:

North Telfer

Deposit:Minyari
Location:Australia
Commodities:Gold-Copper
Date:8/17/2016
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:17-8-2016: Antipa Minerals Ltd. announces an Exploration/Drilling Update report for its Minyari deposit at the North Telfer project. Drilling results incl. 23.0m @ 3.16g/t Au, 0.32% Cu from 7.0m. Australian precious and base metal exploration company Anti
Resources:x
CP/QP:[Overall Report]: Roger Mason (Internal)
ABSTRACT:Australian precious and base metal exploration company Antipa Minerals Limited (ASX:AZY) is pleased to announce results and findings from recent exploration activities at its Minyari prospect, forming part of the North Telfer Project located in the world-class Proterozoic Paterson Province. The Company’s 2016 Phase 1 Minyari Deposit RC Drilling programme commenced on June 1. This announcement covers assay results for seventeen drillholes in addition to the 11 drillholes previously reported. In total, 46 Phase 1 Drilling Programme holes have been completed for 8,029m (Refer to Table 1). All outstanding Phase 1 assay results are expected to be received and reported in the second half of September, 2016. The main objectives of this initial Phase 1 programme are to investigate potential extensions to the limits of the Minyari gold-copper mineralisation over a total strike length of approximately 450m from near surface to vertical depths of up to 240m. Also, further possible regions of gold-copper mineralisation will be explored through the testing of Induced Polarisation chargeability anomalies approximately 300m south and 250m north of the main region of Phase 1 drilling, extending the total strike length investigated to approximately 1,000m. Additionally, the early part of the programme sought to confirm historic high grade gold (with copper) mineralisation announced by the Company earlier this year. The Phase 1 drilling programme has been progressively delivering into these objectives.

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