Antipa Minerals Drills Near-Surface High-Grade Gold

THE DRILL SERGEANT: Antipa Minerals (ASX: AZY) received final results from Phase 1 reverse circulation (RC) drilling completed at the company’s 100 per cent-owned Minyari Dome gold-copper project in the Paterson Province of Western Australia.

Antipa Minerals reported identification of new zones of near surface, high-grade gold along the northern edge of the project’s GEO-01 discovery, at the GP01 target, and at the Minyari Southeastern Extension target.

Shallow, high-grade new intersections returned, included:

35m at 3 grams per tonne gold from 20m down hole, including 16m at 5.6g/t gold from 33m down hole, also including 1m at 14.4 g/t gold from 34m; and 1m at 24g/t gold from 48m;

10m at 3.6g/t gold from 140m down hole (EoH 150m), including 4m at 8.9 g/t gold from 140m down hole; and

49m at 1.5g/t gold from 2m down hole, including 12m at 4.9g/t gold from 34m down hole.

“We are delighted to report these final assay results from our CY2024 Phase 1 RC drilling program at Minyari Dome, Antipa Minerals managing director Roger Mason said in the company’s ASX announcement.

“The decision to expand the initial size and scope of drilling has delivered some fantastic outcomes with thick, near-surface high-grade gold mineralisation discovered at multiple target areas.

“Importantly, the drilling programme successfully identified new gold zones along the northern edge of GEO 01, at the GP01 target, and at the Minyari Southeastern Extension target.

“This serves to meaningfully increase the resource potential at the existing Minyari deposit and adds to the already substantial opportunity at GEO-01.

“Results from the program also facilitate refinement of our geological model and enable generation of multiple new drill target locations.

“In parallel, we are advancing workstreams designed to deliver a GEO-1 maiden resource and an update to the existing Minyari resource, both scheduled for July 2024, while we prepare for the upcoming CY2024 Phase 2 drilling program set to commence later this year.

“We now await assay results from the two diamond drill holes completed at our PM1 and PM2 targets which we expect will be returned late this month.”