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The Paterson Project area dovetails with Antipa’s North Telfer project. Tenement boundaries in the southern part of the Paterson Project extend to within 5km of the giant Telfer gold-copper-silver mine and 7km of the O’Callaghans tungsten and base metals deposit.

The Paterson project contains a number of historically defined and new prospects. In May 2019, Antipa announced maiden resources for the Chicken Ranch and Tim’s Dome deposits within the project area of 40,300 ounces of gold and 63,200 ounces of gold respectively.


 

CHICKEN RANCH

The Chicken Ranch deposit is located 15km from the giant Telfer gold-copper-silver mine and 25km from the Minyari-WACA deposits. It hosts mineralisation along a 3km+ strike length within four or more parallel mineralised gold trends starting from as shallow as 1m and extending down for more than 130 metres vertical metres.

Historical drilling results from Chicken Ranch include:
  • 16.0m at 6.6 g/t Au including
    • 5.0m at 18.9 g/t Au
  • 22.0m at 4.3 g/t Au including
    • 4.0m at 18.3 g/t Au and
    • 6.0m at 3.9 g/t Au
  • 22.0m at 4.1g/t Au including
    • 3.0m at 21.1 g/t Au
  • 9.0m at 7.6 g/t Au including
    • 3.0m at 14.3 g/t Au
  • 6.0m at 7.6 g/t Au including
    • 2.0m at 20.5 g/t Au
  • 4.0m at 11.1 g/t Au including
    • 2.0m at 21.5 g/t Au

Chicken Ranch hosts an Inferred Mineral Resource of 791,000 tonnes at 1.6 g/t gold for 40,300 ounces of gold. The prospect retains excellent exploration upside with multiple untested mineralised trends displaying significant strike extents, while the primary mineralisation remains untested at depth.

TIM’S DOME

Tim’s Dome South is located just 12km from the Telfer gold-copper-silver mine and is interpreted as the re-emergence of the Telfer Dome structure with the potential for high-grade Telfer reef-style mineralisation.

Historical drilling results from Tim’s Dome South include:
  • 22.0m at 2.63 g/t Au including
    • 2.0m at 17.83 g/t Au
  • 14.0m at 2.69 g/t Au including
    • 8.0m at 4.25 g/t Au
  • 15.0m at 2.49 g/t Au including
    • 2.0m at 13.45 g/t Au
  • 17.5m at 1.66 g/t Au including
    • 4.0m including 5.77 g/t Au
  • 12.0m at 1.61 g/t Au
  • 8.0m at 1.99 g/t Au
  • 3.0m at 4.83 g/t Au including
    • 1.0m at 14.00 g/t Au

Gold +/- copper mineralisation starts from as shallow as 1m in a gold vein-bearing corridor of up to 200m wide over a 3.5km strike length (within a broader 8km trend).

Tim’s Dome contains a resource of 1.78 million tonnes at 1.1 g/t Au for 63,200 ounces of gold.