02 May 2022
Antipa Minerals (ASX:AZY) increases gold resource by 250pc at Minyari Dome Project
Antipa Minerals (AZY) has increased the gold resource at its Minyari
Dome Project in Western Australia’s Paterson Province by 250 per cent.
The company’s wholly-owned project has increased from 723,000 ounces to 1.8 million ounces of gold.
The updated indicated and inferred mineral resource estimate, which
incorporates the results of drilling completed in 2021, also includes
64,300 tonnes of copper, 584,000 ounces of silver and 11,100 tonnes of
cobalt at 1.6 grams of gold per tonne (g/t) and 0.19 per cent copper.
“This outstanding result confirms that our 100 per cent owned
Minyari-WACA gold-copper-silver-cobalt resource is very large-scale with
significant continued growth opportuntities and strong potential to
support a stand-alone development,” Antipa Managing Director, Roger
The company said it believes there is strong potential to continue to
grow the resource through both extensional and greenfields drilling.
The company has now begun a scoping study, which is hoped to provide
the company with a pathway forward, and will comprise the start of a
pre-feasibility study. The scoping study is scheduled for completion in
the third quarter of 2022.
“The majority of the one million ounce Indicated resource is within
300 metres of the surface, which delivers strong potential for open
pittable reserves,” Roger Mason said.
Review and analysis of extensional targets at Minyari, WACA, Minyari
South and Sundown is now being conducted with the hopes of ongoing
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