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Antipa Minerals Ltd.

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Summary

Project:

North Telfer

Deposit:Minyari
Location:Australia
Commodities:Gold-Copper
Date:8/31/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:31-8-2017: Antipa Minerals Ltd. announces an Exploration/Drilling Update report for its Minyari deposit at the North Telfer project. Drilling results incl. 26m @ 1.24g/t Au, 0.11% Cu, 0.04% Co from 102m. Antipa Minerals Ltd (ASX: AZY) is pleased to announ
Resources:x
CP/QP:[Overall Report]: Roger Mason (Internal)
ABSTRACT:Antipa Minerals Ltd (ASX: AZY) is pleased to announce further positive gold results from its Extended Phase 1 Minyari Dome Exploration Programme (Antipa 100%) North Telfer Project, 40km from Newcrest’s world-class Telfer gold-copper-silver mine in the Paterson Province of Western Australia. Assays have now been received for all 74 drill holes of the expanded 2017 Phase 1 Programme. The Minyari Dome 2017 Phase 1 drill results are detailed by Tables 1 to 2 and Figures 1 to 3. The Minyari Dome (Figure 6), which includes the Minyari and WACA gold-copper±cobalt deposits, is located close to infrastructure just 40km north of Newcrest’s world-class Telfer gold-copper-silver mine and provides the Company with an immediate exploration and shortterm development opportunity. Planning for the Tim’s Dome 2017 Exploration Programme is also well advanced, and involves the Company’s maiden drilling programme at the highly prospective Tim’s Dome South prospect, with drilling expected to commence during the fourth (calendar) quarter. Further details of the Tim’s Dome programme will be announced shortly. The Minyari Dome Phase 2 drilling programme is planned to commence during the second half of September, with the 2017 Tim’s Dome exploration programme scheduled to commence immediately following the Phase 2 drilling. The Company has an additional 1,310km2 of granted exploration licences, known as the North Telfer Project which hosts the high-grade gold-copper Minyari and WACA deposits and extends its ground holding in the Paterson Province to within 20km of the Telfer Gold-Copper-Silver Mine and 30km of the O’Callaghans tungsten and base metal deposit. The Company has also acquired, from the Mark Creasy controlled company Kitchener Resources Pty Ltd, additional exploration licences in the Paterson Province which are now all granted and cover 1,573km2 and the Company owns a further 138km2 of exploration licences (including both granted tenements and applications), which combined are known as the Paterson Project, which comes to within 3km of the Telfer mine and 5km of the O’Callaghans deposit.

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