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Antipa Minerals Ltd.
Summary
| Project: | North Telfer | |
|---|---|---|
| Deposit: | Minyari, Waca | |
| Location: | Australia | |
| Commodities: | Gold-Copper | |
| Date: | 1/29/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-1-2018: Antipa Minerals Ltd. announces an Exploration/Drilling Update report for its Minyari, Waca deposit at the North Telfer project. Drilling results incl. 6m @ 9.28g/t Au from 31m. Antipa Minerals Ltd (“Antipa” or the “Company”) (ASX:AZY) is please | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Roger Mason (Internal) | |
| ABSTRACT: | Antipa Minerals Ltd (“Antipa” or the “Company”) (ASX:AZY) is pleased to announce that assays have been received for all air core holes drilled at Minyari Dome as part of the 2017 Phase 2 exploration programme, which have identified a number of high priority targets for the Company to follow up with RC drilling in 2018 to add to the growing Minyari Dome mineral resource base and development opportunity. The air core drilling programme was purely reconnaissance in nature. It should be noted that air core drilling is a first pass geochemical exploration method that only indicates the potential of an area or trend. Whilst results can be low grade, they indicate a higher likelihood for significant gold mineralisation to be nearby or at depth. Furthermore, gold and other mineralisation pathfinder elements can be depleted in the oxide zone close to the surface which, depending on a variety of local geological factors, can further affect grades. Initially the Company planned to drill only 11,000m at Minyari Dome, however initial assay results warranted immediate follow-up and in total an additional 1,600m of air core drilling was completed (refer Press Release of 5 December 2017). | |
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