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Antipa Minerals Ltd.

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Summary

Project:

Paterson

Deposit:Tims Dome
Location:Australia
Commodities:Gold-Silver-Copper-Cobalt
Date:1/31/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:31-1-2018: Antipa Minerals Ltd. announces an Exploration/Drilling Update report for its Tims Dome deposit at the Paterson project. Drilling results incl. 23m @ 1.01g/t Au from 22m. Antipa Minerals Ltd (“Antipa” or the “Company”) (ASX:AZY) is pleased to an
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 Tim’s Dome as part of the 2017 Phase 2 exploration programme. The Company’s maiden drilling programme at its highly prospective Tim’s Dome South prospect involved the completion of 127 air core holes for 5,704 metres, across 1 strike kilometre of the 3.2km long zone of gold mineralisation which occurs within a corridor in excess of 200m in width and commences from as shallow as 1m below the surface. The air core drill holes at Tim’s Dome South are drilled on a nominal 25m along section and 50m across section basis, testing the continuity of mineralisation and trying to gain an understanding of the mineralisation controls (shallow bedding and/or steep fault related). 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 was the zone drilled in the current programme. The average depth for drillholes at Tim’s Dome was 45m. Tim’s Dome is located some 35km southwest of the Minyari Dome in the Company’s Paterson Project and 12km and along strike of Newcrest’s Telfer gold-copper-silver mine and mineral processing facility.

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