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Antipa Minerals Ltd.
Summary
| Project: | North Telfer | |
|---|---|---|
| Deposit: | Minyari Dome | |
| Location: | Australia | |
| Commodities: | Gold-Copper | |
| Date: | 12/16/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-12-2016: Antipa Minerals Ltd. announces an Exploration/Drilling Update report for its Minyari Dome deposit at the North Telfer project. Drilling results incl. 8.0m @ 21.04g/t Au, 0.56% Cu from 224.0m. Australian precious and base metal exploration comp | |
| 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 its first batch of assay results from recent exploration activities at its 100% owned Minyari Dome area, forming part of the North Telfer Project located in the world-class Proterozoic Paterson Province. Assay results received for the first three WACA deposit RC drillholes have returned significant and extensive intersections from a steeply dipping zone of gold-copper mineralisation down to more than 300m vertically below the surface. The WACA deposit, which is located approximately 700m southwest of the Minyari deposit, is a more than 600m long zone of +1 g/t gold with copper mineralisation defined by relatively shallow historic drilling and these initial Phase 2 assay results materially increase the vertical extent and, significantly, continuity of very high-grade gold with copper mineralisation beneath the shallow historic drilling. Prior to the Company’s Phase 2 exploration programme only one drillhole tested the entire region deeper than 90m below the surface at the WACA deposit. This drillhole, MHC20002 located on 100000 north, intersected multiple zones of mineralisation including 15.0m at 4.64 g/t gold and 0.06% copper 300m below the surface. Phase 2 RC drilling has been successful in demonstrating approximately 300m of vertical continuity to this high-grade gold zone, with 16MYC0048 intersecting 4.0m at 10.38 g/t gold and 0.35% copper and 16MYC0049 intersecting 8.0m at 21.04 g/t gold and 0.56% copper approximately 200 and 100 metres vertically above MHC20002 respectively, (Figures 1 to 5). | |
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