Multiple High-Grade Gold and Copper Intersections at Minyari

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Stock Antipa Minerals Ltd (AZY.ASX)
Release Time 29 Jan 2025, 8:16 a.m.
Price Sensitive Yes
 Multiple High-Grade Gold and Copper Intersections at Minyari
Key Points
  • Exceptional new high-grade gold-copper-silver-cobalt intersections within the main Minyari Deposit
  • Significant potential for resource growth across multiple deposits including GEO-01, Fiama, Minella, and Minyari Southeast
  • Planning for CY2025 drilling is well advanced to further expand the Minyari Dome Mineral Resource base
Full Summary

Antipa Minerals Ltd has announced assay results from the third batch of 36 holes completed during the CY2024 Phase 2 drilling program at its 100%-owned Minyari Dome Gold-Copper Project in Western Australia. The results confirm the discovery of additional new zones of near-surface, high-grade gold ± copper at the GEO-01 Main Zone and Fiama, while also revealing significant gold-copper-silver-cobalt intersections within the main Minyari Deposit. Highlights include 86m at 1.7 g/t gold and 0.41% copper from 121m, 51m at 2.7 g/t gold, 0.39% copper, and 1.0 g/t silver from 396m, and 75.6m at 1.6 g/t gold and 0.1% copper from surface. The GEO-01 Main Zone, Fiama, and Minella deposits also returned strong results, with mineralization remaining open across multiple zones, offering significant resource growth potential. Planning for the CY2025 drilling program is well advanced, with field activities set to commence this quarter, providing further opportunities to grow the Minyari Dome Mineral Resource base and unlock its full potential.

Guidance

The company has not provided any high-importance, price-sensitive forward-looking financial metrics in the announcement.

Outlook

The company has stated that planning for the CY2025 drilling program is well advanced, and field activities are set to commence this quarter, providing further opportunities to grow the Minyari Dome Mineral Resource base and unlock its full potential. The company also expects to formally begin an advanced economic study shortly.