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Antipa Minerals Ltd.

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Summary

Project:

North Telfer

Deposit:Minyari
Location:Australia
Commodities:Gold-Copper
Date:7/20/2016
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:20-7-2016: Antipa Minerals Ltd. announces an Exploration/Drilling Update report for its Minyari deposit at the North Telfer project. Drilling results incl. 110.0m @ 1.39g/t Au, 0.09% Cu from 18.0m. Australian precious and base metal exploration company An
Resources:x
CP/QP:[Overall Report]: Ian Gregory (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. Assay results have been received for the first eleven drillholes completed during the programme for a total of 1,635m (Refer to Table 1). In total thirty‐six Phase 1 RC drillholes for 5,518m have been completed to date with 7,500m expected to be drilled by the end of the programme. Assay results will be reported when received with the next batch expected to be received and reported in the first half of August. The main objectives of the 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 which were announced by the Company earlier this year.

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