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Antipa Minerals Ltd.
Summary
| Project: | North Telfer | |
|---|---|---|
| Deposit: | Minyari Dome, Waca | |
| Location: | Australia | |
| Commodities: | Gold-Copper | |
| Date: | 6/21/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 21-6-2017: Antipa Minerals Ltd. announces an Exploration/Drilling Update report for its Minyari Dome, Waca deposit at the North Telfer project. Drilling results incl. 42.0m @ 7.79g/t Au, 0.04% Cu from 262.0m. Antipa Minerals Ltd (ASX: AZY) is pleased to | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Roger Mason (Internal) | |
| ABSTRACT: | Antipa Minerals Ltd (ASX: AZY) is pleased to announce very positive high grade gold results from its Phase 1 Minyari Dome Exploration Programme at the 100% owned North Telfer Project, 40km from Newcrest’s world‐class Telfer gold‐copper‐silver mine in the Paterson Province of Western Australia. Managing Director Roger Mason said, “It’s been several decades since exploration in the Paterson Province has delivered such outstanding gold drill intersections. These results highlight the development and exploration potential of the Minyari Dome, and Antipa’s commanding 4,400km2 Paterson Province exploration portfolio.” The overall objective of the 2017 drilling programme is to enable the Company to establish Maiden JORC Mineral Resources as part of a Scoping Study to examine the economic potential of the Minyari Dome by the end of 2017. Antipa Minerals Ltd is an Australian public company which was formed with the objective of identifying under‐ explored mineral projects in mineral provinces which have the potential to host world‐class mineral deposits, thereby offering high leverage exploration potential. The Company owns a 1,335km2 package of prospective granted tenements in the Paterson Province of Western Australia known as the Citadel Project. The Citadel Project is located approximately 75km north of Newcrest’s Telfer gold‐copper‐silver mine and includes the gold‐ copper‐silver±tungsten Mineral Resources at the Calibre and Magnum deposits and high grade polymetallic Corker deposit. Under the terms of a Farm‐in and Joint Venture Agreement with Rio Tinto Exploration Pty Limited (“Rio Tinto”), a wholly owned subsidiary of Rio Tinto Limited, Rio Tinto can fund up to $60 million of exploration expenditure to earn up to a 75% interest in Antipa’s Citadel Project. | |
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