Antipa delivers 172m @ 1.68g/t gold hit at Minyari Dome

Antipa Minerals Limited (ASX: AZY) has reported thick, high-grade mineralisation from the remaining first-batch of assay results for the 2021 drill program at its 100% owned Minyari Dome Project in Western Australia’s Paterson Province.

Key results

• Hole 21MYC0216: 172.0m @ 1.68 g/t gold and 0.21% copper from 230.0m down hole to end‐of‐hole (402.0m) including:
  • 78.0m @ 2.00 g/t gold and 0.28% copper from 230.0m, also including:
    • 47.0m @ 2.82 g/t gold and 0.22% copper from 261.0m, including;
      • 20.0m @ 5.20 g/t gold, 0.40% copper, 1.23 g/t silver and 0.12% cobalt from 272.0m, and;
        • 5.0m @ 12.98 g/t gold, 0.86% copper, 2.56 g/t silver and 0.30% cobalt from 277.0m
  • 10.0m @ 2.07 g/t gold and 0.19% copper from 334.0m
  • 31.0m @ 3.17 g/t gold, 0.35% copper and 1.17 g/t silver from 359.0m, also including;
    • 1.0m @ 55.60 g/t gold, 3.17% copper and 17.50 g/t silver from 359.0m, and;
    • 2.0m @ 5.58 g/t gold, 1.97% copper and 3.66 g/t silver from 381.0m.

Hole 21MYC0216 encountered high-grade mineralisation that Antipa described as “significantly thicker” than the existing inferred mineral resource. The hole ended in mineralisation and is set to be extended via diamond‐tail.

Minyari Dome Project

The Minyari Dome Project, which is 100% owned by Antipa Minerals, spans 144 km² and includes a geological structure known as Minyari Dome, which is home to the Minyari and WACA deposits. The combined Mineral Resources of Minyari and WACA are 723,340 ounces of gold, 26,390 tonnes of copper, 233,290 ounces of silver, and 4,060 tonnes of cobalt.

The project is located ~35 km from Newcrest Mining’s Telfer gold–copper-silver operation, and ~54 km along strike from Greatland Gold Newcrest’s Havieron gold–copper-silver development project.

Significant new mineralisation was discovered at the Minyari South (strike length 100m and open in all directions) and Judes (strike length 150m and open in all directions) prospects in 2018.

“These exciting 21MYC0216 results confirm the potential for significant resource growth at the Minyari deposit”

Management comments

Antipa Minerals Managing Director Roger Mason said: “These exciting 21MYC0216 results confirm the potential for significant resource growth at the Minyari deposit as well as potential for a stand‐ alone development opportunity based on an open pit and underground mining operation that is close to Telfer. We are in the middle of the most active drilling year in Antipa’s history with nine rigs currently drilling across our four Paterson Province projects and we are delighted with the early success of this year’s programme to date.”

Images: Antipa Minerals Limited