23 October 2023
ProActive Investors - Additional WA Government Exploration Drilling Grant at Minyari Project
Antipa Minerals Ltd (ASX: AZY) has furthered its Minyari Dome Gold-Copper Project exploration goals with the award of another $220,000 exploration grant from the Western Australian Government under its Exploration Incentive Scheme (EIS).
The scheme is designed to facilitate high-quality, technical and economically based projects that promote new exploration concepts and are assessed by a panel on the basis of geoscientific and exploration targeting merit.
Antipa will use the funding for diamond core drill testing at a third Pacman greenfield target, the PM3 coincident magnetic and gravity high anomaly.
Unlocking latent potential
“We are very grateful to be the recipients of another round of substantial EIS funding,” Antipa Minerals managing director Roger Mason said.
“This grant will directly contribute to drill testing at our Pacman PM3 target within our flagship, 100%-owned Minyari Dome Gold-Copper Project.
“We thank the WA Government for their continued support of our technically rigorous discovery exploration activities.
“With drilling underway at our GEO-01 and soon the Tetris, PM1 and PM2 targets, it is an exciting time to be involved in the Antipa Minerals story as the team systematically unlocks the latent potential of our world-class tenure.”
The company’s Minyari Dome Project has now garnered some $880,000 in exploration grants for the GEO-01, Pacman and Tetris targets, demonstrating the WA Government’s interest in the project and its continued development.
AZY is currently drilling its phase 2 program at the GEO-01 prospect and intends to begin large-scale greenfield exploration drilling at the Tetris and Pacman targets in the coming weeks, with first results expected in December this year.
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