Antipa Minerals Drills Mineralised Extensions at Calibre Rio Tinto JV

THE DRILL SERGEANT: Antipa Minerals (ASX: AZY) advised of progress from the exploration program that is underway at the Citadel project Rio Tinto Farm‐in and Joint Venture in the Paterson Province of Western Australia.

The Citadel project enjoyed a budget of $3.4 million that was fully-funded by Rio Tinto, allocated to the 2019 calendar year exploration program.

This has now been completed and included 6,842 metres of reverse circulation (RC) and diamond‐core (DD) drill testing of both brownfield and greenfield targets that included Calibre resource extension targets and aerial‐electromagnetic (AEM) conductivity anomalies and magnetic anomalies.

Antipa Minerals reported that the diamond drilling at the Calibre deposit intersected healthy widths of gold‐copper‐ silver mineralisation well beyond the limits of the existing 47.7 million tonnes at 0.85 grams per tonne gold gold, 0.15 per cent copper and 0.48g/t silver for 1.3 million ounces of gold, 69,555 tonnes of copper and 0.73 million ounces of silver Mineral Resource located 45 kilometres east of Rio Tinto’s Winu copper‐gold‐silver deposit.

Aassay results for the first diamond drill hole (19CED0009) include:

163.9m at 0.6g/t gold and 0.04 per cent copper from 303.1m down hole, including 26m at 1.11g/t gold and 0.05 per cent copper from 429m and 0.47m at 14.45g/t gold, 0.64 per cent copper and 4.69g/t silver from 310m; and

19.8m at 0.62g/t gold and 0.07 per cent copper from 198.7m down hole.

“Antipa’s Paterson Province dual exploration strategy strives to deliver both greenfield discoveries and increase brownfield gold and/or copper resources during 2019,” Antipa Minerals said in its ASX announcement.

“The recently completed 2019 Calibre drilling program evaluated the potential for a material increase in the existing Mineral Resource.

“Assay results received for the first DD hole confirm significant gold‐copper mineralisation 200 metres beyond the limits of the current Mineral Resource.”