Antipa Minerals (ASX:AZY) is expecting a material positive impact on the resources at its Minyari Dome Project in WA’s Paterson Province with further drilling results showing more high-grade, near-surface gold outside of the current resource.
Highlights:
- Notable near-surface and high-grade intercepts of 35m at 3.52g/t gold and 0.48% copper from 20m, including 1m at 22.0g/t gold, 0.31% copper and 0.09% cobalt from 41m, and 1m at 25.1g/t gold and 0.58% copper from 48m at the Minyari deposit.
- Drilling at depth returned a thick 207m at 1.45g/t gold and 0.09% copper from 219m, including 5m at 36.84g/t gold, 1.94% copper, 10.07g/t silver and 0.11% cobalt from 419m.
- The results continue to highlight the development opportunity demonstrating the potential for significant resource upside and extend the thick high‐grade breccia style mineralisation at depth at both Minyari and WACA deposits.
- Resource update due for release in the first quarter of 2022.
“These results continue to highlight the development opportunity demonstrating the potential for significant resource upside and extend the thick high-grade breccia style mineralisation at depth at both Minyari and WACA,” Managing Director, Roger Mason, said.
“At Minyari two high‐grade 270 to 300 gram‐metre gold downhole intersections are particularly impressive, whilst at WACA several shallow, high‐grade 50 to 100 gram‐metre gold downhole intersections were highly encouraging, including an intersection in the southern area of WACA which identified a thick high‐grade ore shoot.
“The company eagerly awaits the remaining assays, in particular for the deeper holes into the down‐ plunge target at Minyari and also for the greenfield discovery focussed holes which provided significant visual encouragement including at Minyari North.”
At Minyari, high-grade gold with copper, silver and cobalt mineralisation which occurs along 500m of strike across a horizontal width of up to 300m, has now been extended down to 670m below the surface, and mineralisation remains open in several directions in particular down plunge.
During 2021 mineralisation has now 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 510m 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.
For further information please visit: https://antipaminerals.com.au/
