ANTIPA MINERALS UNCOVERS HIGH-GRADE GOLD AT MINYARI DOME

Significant Near-Surface Mineralisation Confirmed in Latest Drilling

Antipa Minerals Ltd (ASX: AZY) has announced final results from its CY2024 Phase 1 reverse circulation drilling at the Minyari Dome Gold-Copper Project in Western Australia. The results revealed new zones of near-surface, high-grade gold at the GEO-01 discovery, the GP01 target, and the Minyari Southeastern Extension target.

Highlights:

  • Final assay results for the remaining 62 holes (9,312m) of the CY2024 Phase 1 RC drilling programme have identified new zones of near-surface gold mineralisation across Minyari Dome.
  • High-grade intersections along the northern edge of GEO-01 and within the broader 700m by 500m GEO-01 prospect area, include:
    • 35m at 3.0 g/t gold from 20m down hole in 24MYC0610, including:
      • 16m at 5.6 g/t gold from 33m down hole
      • 1m at 14.4 g/t gold from 34m
      • 1m at 24.0 g/t gold from 48m
    • 10m at 3.6 g/t gold from 140m down hole in 24MYC0470, including:
      • 4m at 8.9 g/t gold from 140m down hole
    • 49m at 1.5 g/t gold from 2m down hole in 24MYC0459, including:
      • 12m at 4.9 g/t gold from 34m down hole
  • GP01 target drill holes showed significant high-grade gold mineralisation, including:
    • 8m at 5.3 g/t gold and 0.07% copper from 96m down hole in 24MYC0607, including:
      • 4m at 8.5 g/t gold and 0.12% copper from 96m down hole
    • 16m at 1.1 g/t gold from 108m down hole in 24MYC0608
  • New mineralisation at the Minyari Southeast Extension target, including:
    • 51m at 0.5 g/t gold from 16m down hole in 24MYC0492, including:
      • 8m at 1.6 g/t gold from 21m down hole

Antipa’s Managing Director, Roger Mason, commented:

We are delighted to report these final assay results from our CY2024 Phase 1 RC drilling programme at Minyari Dome. The decision to expand the initial size and scope of drilling has delivered some fantastic outcomes with thick, near-surface high-grade gold mineralisation discovered at multiple target areas.

Importantly, the drilling programme successfully identified new gold zones along the northern edge of GEO-01, at the GP01 target, and at the Minyari Southeastern Extension target. This serves to meaningfully increase the resource potential at the existing Minyari deposit and adds to the already substantial opportunity at GEO-01. Results from the programme also facilitate refinement of our geological model and enable generation of multiple new drill target locations.

In parallel, we are advancing workstreams designed to deliver a GEO-1 maiden resource and an update to the existing Minyari resource, both scheduled for July 2024, while we prepare for the upcoming CY2024 Phase 2 drilling programme set to commence later this year.

We now await assay results from the two diamond drill holes completed at our PM1 and PM2 targets which we expect will be returned late this month.

Read the full announcement

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