08 March 2024
ProActive Investors - Antipa Minerals identifies three new gold targets and expands GEO-01 footprint to 700 metres
Antipa Minerals Ltd (ASX: AZY) has wrapped up a Phase 2 air core drilling program at its Minyari Dome Gold-Copper Project in Western Australia, generating three new gold targets and extending the mineralised footprint of the GEO-01 target from 600 metres to 700 metres.
Drilling extended GEO-01 a further 100 metres to the southeast with an intersection of 1-metre at 4.3 g/t gold from 10 metres downhole and an infill result of 5 metres at 1.2 g/t gold and 0.08% copper from 12 metres to end of hole.
High potential for continued growth
“Our expanded Phase 2 CY2023 air core drill programme was designed with the dual purpose of further interrogating the GEO-01 discovery area whilst simultaneously targeting new greenfield discoveries,” Antipa Minerals managing director Roger Mason said.
“We are pleased to report that the air core results released today demonstrate the GEO-01 gold mineralised footprint has increased to 700 metres, with a number of significant, very near surface, gold intersections returned.
“At the same time, results from air core drilling into anomalies near to the Minyari Deposit have successfully produced three new gold targets, which in many cases have returned mineralisation down to the end-of-hole.
“When combined with the results recently released from Phase 3 CY2023 RC and diamond drilling, we are very excited with the outcomes and look forward to upcoming growth and discovery drilling across our Minyari Dome and at our three high-potential Pacman targets.”
Three new gold targets
The three new targets were identified in “very broad spaced” drilling they include:
The Rizzo target, which sits 370 metres to the southwest of GEO-01, with an intersection of 12 metres at 1 g/t gold and 0.12% copper from 8 metres down hole. Antipa believes this target stretches over a 300-metre zone of favourable geology, within the northeast fault zone which hosts the GEO-01 gold mineralisation.
The T12 target, 10 kilometres northwest of the main Minyari deposit, another favourable location geologically, identified with several shallow 4-metre intersections of up to 0.13 g/t gold covering a large, greater than 1-kilometre by 400-metre area.
Finally, the WACA East target sits 230 metres east of the WACA deposit and 300 metres south of Minyari South, where Antipa hit 10 metres at 0.2 g/t gold from 20 metres to end of hole, and 1-metre at 0.6 g/t gold from 29 metres to end of hole.
Plan of the Minyari Dome area showing resource locations, including GEO-01, Rizzo, WACA East and T12 targets.
Antipa intends to incorporate the results from this phase 2 air core drilling program into planning for its 2024 calendar year program.
The company plans to begin resource definition and extension drilling at the GEO-01 gold discovery, and maiden drilling at the three newly discovered Pacman targets near the end of this month.
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