Antipa Minerals Limited (ASX: AZY) has intersected significant high-grade gold and copper, extending the potential size of the Minyari and WACA resources in itsd 2021 drill programme on its 100% owned, 144 sq. km Minyari Dome Project in Western Australia’s Paterson Province.
The Project is located within 35km of Newcrest Mining’s Telfer gold‐copper‐silver mine and mineral processing facility and 54km along strike from Greatland Gold‐Newcrest’s Havieron gold‐copper development project
“These results, and all of the results received for the Minyari drilling this year, are another very important step towards the company’s near term objective of a standalone open pit and underground mining operation,” Managing Director, Roger Mason, said.
“The confirmation of thick high‐grade breccia style mineralisation at depth at both Minyari and WACA is exciting and provides the potential for further significant resource upside.
“Based on encouraging brownfield and greenfield results the 2021 drill programme was further expanded to 52,600m with this programme expected to be completed by mid‐December.”
Results Received To Date
Assay results have been received for 61% of the Minyari‐WACA 2021 resource infill and resource extensional drilling programme, with results continuing to increase the potential size of the Minyari and WACA resources and enhance the project development opportunity.
The assays received cover a further 56 reverse circulation (RC) drill holes, eight diamond‐tail and six diamond core (DD) drill holes in total (25,560m of the 42,110m drilled), which demonstrate favourable compatibility with the current Minyari and WACA Mineral Resource domains and have discovered significant additional high‐grade gold‐copper mineralisation outside the limits of both the Minyari and WACA resources.
At Minyari, high‐grade gold with copper, silver and cobalt mineralisation which occurs along 500m of strike across a horizontal width of up to 275m, has now been extended down to 620m below the surface, and mineralisation remains open in several directions in particular down plunge.
During 2021 mineralisation has been discovered immediately east, west, and both up plunge to the southeast and down plunge to the northwest, including significant high‐grade breccia style mineralisation.
At WACA, high‐grade mineralisation which occurs along 650m of strike across a horizontal width of up to 100m, has now been extended down to 500m below the surface, and mineralisation remains open in several directions.
During 2021 mineralisation has been discovered in both the shallow and deeper regions of WACA, with drill results confirming a moderate north-westerly mineralisation plunge similar to Minyari.
The assays received to date significantly have:
- · substantially extended zones of very high‐grade gold‐copper‐silver‐cobalt mineralisation outside the current Minyari and WACA deposit Mineral Resource estimate boundaries. This would be expected to have a material positive impact on the existing resource which is being updated in Q1 CY 2022;
- · discovered new high‐grade gold‐copper mineralisation in several areas with mineralisation remaining open down plunge, along strike and variously open across strike to the east and west; and
- · further confirmed that high‐grade mineralisation is commonly associated with sulphide matrixed breccia zones similar to the Havieron gold‐copper style of mineralisation, with Minyari drilling at depth confirming continuity of moderate northwest plunging “pipe” like thick high‐grade breccia mineralisation which remains open at depth providing further exciting exploration upside
For further information please visit: https://antipaminerals.com.au/
