13 October 2022
Antipa Minerals seeks to build on Minyari Dome resource with down-plunge extensional drilling
Antipa Minerals Ltd (ASX:AZY) has moved to expand on the mineral resource estimate (MRE) at Minyari Dome Project in the Paterson Province of Western Australia with the second phase of a drilling program, targeting down-plunge and regional extensions of mineralisation.
Drilling will involve two diamond drilling rigs targeting the Minyari Resource Plunge Extension - some 150 metres north of the core resource boundary - and the Minyari North prospect, 500 metres to the north of the main Minyari resource.
"Antipa has started to unlock the potential of our flagship 100%-owned Minyari Dome Project," Antipa Minerals managing director Roger Mason said.
"To date we have delivered a 250% increase to the project's mineral resource estimate, backed up by a scoping study which demonstrated the potential for an attractive standalone gold mining and processing development, resulting in the commencement of a pre-feasibility study."
Antipa expects to receive assays for the first phase of expansion drilling at Minyari in October and November.
Targeting project life expansion
"The Minyari Dome Project economics are hugely leveraged to future resource growth, from both extensional and greenfield drilling opportunities and we have a pipeline of high-prospectivity gold-copper targets to drill," Mason continued.
"We remain committed to continuing a substantial exploration program across our 144-square-kilometre tenure at Minyari Dome, which includes an aggressive growth exploration program.
"Additionally, new greenfield discoveries are being targeted from planned drill testing of high-priority soil geochemical
targets.
"The objective of the growth drilling program is to increase the potential project life to seriously boost project
economics."
Antipa intends to test high-priority greenfield gold-copper soil anomalies with aircore drilling in November.
A component of results from the resource definition drilling program will also be incorporated into the pre-feasibility study for the project.
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