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Antipa Minerals Ltd.
Summary
| Project: | North Telfer | |
|---|---|---|
| Deposit: | Minyari, Waca | |
| Location: | Australia | |
| Commodities: | Gold-Copper | |
| Date: | 11/16/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 16-11-2017: Antipa Minerals Ltd. announces a Resource Estimation report for its Minyari, Waca deposit at the North Telfer project. Initial Mineral Resource for Waca and Minyari. Antipa Minerals Ltd (“Antipa”) (ASX: AZY) is pleased to announce its North Te | |
| Resources: | x | |
| CP/QP: | [Resources]: Kahan Cervoj, Susan Havlin (Optiro Pty Ltd.) | |
| ABSTRACT: | Antipa Minerals Ltd (“Antipa”) (ASX: AZY) is pleased to announce its North Telfer Project’s Minyari and WACA Mineral Resource estimates, which are located 40km north of Newcrest’s world-class Telfer gold-copper-silver mine in the Paterson Province of Western Australia. The Mineral Resource estimates for both the Minyari and WACA deposits are summarised in Table 1 and Tables 2a-b (“Mineral Resource”). Antipa engaged consultants Optiro Pty Ltd (“Optiro”) to complete an independent Mineral Resource estimate and subsequent reporting, in accordance with the JORC 2012 code, for the Minyari and WACA deposits. Both deposits are potentially amenable to open pit and underground mining methods. The Minyari and WACA gold-copper-silver-cobalt deposits are situated within the Minyari Dome area which is located approximately 40km north of Newcrest’s Telfer gold-copper-silver mine in Western Australia’s grossly underexplored Paterson Province (Figure 1). The Minyari Dome mineralisation bears a number of similarities to the mineralisation of the world-class Telfer deposit. In particular, variations in both the competency/hardness and chemical composition of rock units, which when combined with other “discrete” structures, give rise to similar styles of mineralisation as that seen at Telfer. The 2017 Mineral Resource estimates have been completed by Optiro. The estimates used validated geological drill hole data and geological wireframes supplied by Antipa. The following section has been produced by Antipa and Optiro to fulfil ASX reporting requirements. Additional detailed information can also be found in the JORC Table 1 – Sections 1 to 3 at the back of this announcement. | |
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