26 April 2023
ProActive Investors - Antipa buckles down on Paterson Province exploration after WA Government funding boost
Antipa Minerals will buckle down on its exploration activities in the Paterson Province following the receipt of a further three funding grants from the Western Australian Government’s Exploration Incentive Scheme.
This brings the total funding to $870,000 across four grants, comprising $660,000 for the company’s 100%-owned Minyari Dome Project and $210,000 for the Paterson Project farm-in agreement with IGO Newsearch Pty Ltd, a wholly-owned subsidiary of IGO Ltd.
“We are very pleased to have received this further substantial EIS funding, which assists with the drilling of some of the most exciting targets at our flagship, 100%-owned Minyari Dome Gold Project,” Antipa’s managing director Roger Mason said.
Minyari drilling shortly
The mineral exploration company is set to begin up to 15,000 metres of “growth-orientated” drilling in Minyari in May.
This will involve drill testing of a deep plunge target at the project as well as the Tetris and Pacman greenfield targets.
At the $30 million Paterson Project with IGO, two targets within 15 kilometres along strike from Rio Tinto’s Winu copper-gold-silver development project will be tested.
Thankful for support
“I would like to take this opportunity to again thank the WA Government for continuing to support strong, technically and economically driven exploration activities targeting key resources,” Mason said.
Antipa plans to complete the majority of the drilling, subject to the funding grants, this year.