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    • Delayed Prices (USD) - Last Updated 23-10-2021
    • Gold $1,793.20
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    • Copper $9,831.50
    • Lead $2,400.00
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    Antipa Kicks Off Next Drilling Campaign at Paterson Province

    Antipa Minerals Limited (ASX: AZY) has commenced a 20,000m drilling program at its 100% owned Paterson Province Tenements, aimed at systematically evaluating greenfields 2018 AEM targets that may deliver large‐scale and potentially high‐grade discoveries based on Telfer, Havieron, Winu, and Nifty analogues.

    Antipa reported that additional AEM targets were identified 8km northwest along strike of Rio Tinto’s Winu deposit on Company’s 100% owned Tenement.

    Drilling Program Commenced

    The company announced that a significant drilling program has commenced on its 100% owned Paterson Province Tenements to aggressively advance the multiple exploration and development opportunities across its 100% owned North Telfer and Paterson Projects in WA.

    It may be noted that these are in close proximity to Newcrest Mining Ltd’s Telfer gold‐copper mine, Rio Tinto’s Winu coppergold discovery and Greatland Gold plc’s Havieron deposit in Western Australia.

    First Phase of Exploration Program

    The company reported that the first phase of the 2019 exploration program consists of up to approximately 20,000m of Air Core and slim‐line Reverse Circulation (RC) drilling, testing up to 26 greenfields geophysical aerial electromagnetic (AEM) targets and one brownfield gold prospect Turkey Farm.

    Antipa said that the program objective is the discovery of large‐scale and potentially high‐grade gold and/or copper deposits. Interestingly, AEM had led to most of the significant recent discoveries in the eastern region of the Paterson Province.

    The company said that air Core and slim‐line Reverse Circulation drill samples will be batched and sent for assay on a periodic basis and announcements will be made periodically as assays are received.

    The company reported that two additional AEM conductivity targets have been identified less than 8km north along strike of Rio Tinto’s Winu copper‐gold‐silver deposit. These additional targets are planned to be tested during the current drilling programme.

    Current and Future Plans

    The company said that the ongoing exploration activities within its 100% owned Paterson Province projects this year include preparation for drill testing of Havieron lookalike aeromagnetic anomalies; follow‐up drill testing of several highly prospective areas at Minyari Dome and Chicken Ranch, including Judes and Minyari South; evaluation of potential gold resource opportunities in the Pajero and Triangle areas; geophysical survey and drilling at Tim’s Dome; and Mineral Resource estimation.

    Antipa also said that it plans to carry out surface geochemical sampling and geological mapping programmes focusing mainly on brownfields target areas in close proximity to Telfer to identify further gold resource opportunities for drill evaluation during the second half of this year.

    Antipa Managing Director, Roger Mason commented: “We are pleased to confirm that drill testing of the Company’s exciting greenfields geophysical targets has commenced. This new breed of targets, concealed beneath shallow cover, were generated during our 2018 expanded greenfields exploration programme via state‐of‐the‐art geophysical survey techniques. he 2018 AEM and 2019 aeromagnetic targets will be systematically evaluated this year with the aim of making a world‐class discovery in Western Australia’s underexplored Paterson Province.”

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    • Delayed Prices (USD) - Last Updated 23-10-2021
    • Gold $1,793.20
    • Silver $24.28
    • Platinum $1,038.00
    • Palladium $1,948.00
    • Dalian Iron Ore i2201 $110.96
    • Aluminium $2,910.50
    • Cobalt $58,598.87
    • Copper $9,831.50
    • Lead $2,400.00
    • Nickel $19,930.00
    • Tin $37,250.00
    • Zinc $3,429.50