Antipa upgrades Calibre and Magnum deposit Resources

THE DRILL SERGEANT: Antipa Minerals (ASX: AZY) has announced JORC Code 2012-compliant Mineral Resource updates for the Calibre and Magnum deposits, which are part of the company’s Citadel project ,located in the Paterson Province of Western Australia.

The combined Mineral Resources for the two deposits has come in at 1.2 million ounces of gold and 139,000 tonnes of copper, and remain open in all directions.

The Calibre deposit Inferred Mineral Resource has been estimated by Snowden Mining Industry Consultants and currently stands at:

47.8 million tonnes at 0.56 grams per tonne gold and 0.17 per cent copper for 867,000 ounces of gold and 81,000 tonnes of copper.

The Magnum deposit Inferred Mineral Resource estimate was carried out by Cube Consulting and has come in at:

16.1 million tonnes at 0.66g/t gold and 0.36 per cent copper for 339,000 ounces of gold and 58,000 tonnes of copper.

In its announcement to the ASX, Antipa said the these latest estimates allow it the potential to increase the average grade by drilling higher grade gold and copper zones present in both deposits and to increase the size of both Mineral Resources.

“Only 15 to 25 per cent of the Calibre geophysical anomaly is included in the
Calibre Mineral Resource and both deposits remain open in all directions,” the company said.

Website: www.antipaminerals.com.au