AUS
NZ
UK
CA
USA
IND
Highlights:
- High-Grade Discoveries at Minyari South: Recent drilling at Minyari South intersected multiple high-grade zones, including 17 meters at 6.8 g/t gold and 0.50% copper, and exceptional intervals such as 4 meters at 12.2 g/t gold and 1.00% copper.
- Strong Results from Fiama (GEO-01 South): Drilling at Fiama returned impressive assays, including 16 meters at 3.8 g/t gold and 0.09% copper, with a standout 2 meters at 25.4 g/t gold from 120 meters downhole.
- Expansion and Exploration Potential: Resource definition drilling across Minyari Southeast and Fiama indicates promising growth, with mineralization remaining open in multiple lodes and target areas, suggesting significant exploration upside.
Antipa Minerals continues to deliver compelling exploration results at its Minyari copper-gold project in Western Australia, now known as Fiama, following a second phase of reverse circulation (RC) drilling. The latest assays have confirmed the presence of multiple high-grade zones near the surface, underscoring the potential for further resource growth at both Minyari and Fiama.
At the Minyari South deposit, drilling intersected a thick 17-meter interval grading 6.8 g/t gold and 0.50% copper from 65 meters downhole. Within this zone, higher-grade sub-intervals were also encountered, including four meters at 12.2 g/t gold and 1.00% copper from 68 meters and four meters at 13.3 g/t gold and 0.65% copper from 76 meters. A standout result from this hole was one meter at an impressive 24.9 g/t gold and 0.65% copper from 76 meters.
In the Fiama (formerly GEO-01 South) area, drilling revealed strong mineralization, including 16 meters at 3.8 g/t gold and 0.09% copper from 113 meters downhole. This zone also featured a high-grade intercept of 2 meters at 25.4 g/t gold and 0.21% copper from 120 meters, highlighting the potential of the Fiama deposit.
Resource definition drilling at Minyari Southeast also delivered notable results, including 10 meters at 3.0 g/t gold from 67 meters downhole, with an enriched 2-meter interval of 13.2 g/t gold. Additionally, 20 meters at 1.0 g/t gold and 0.07% copper was recorded from just 5 meters downhole, further demonstrating the extensive gold-copper mineralization across the project area.
The ongoing drilling campaign at Minyari and Fiama continues to show promising growth potential. With mineralization remaining open across several target areas, including multiple lodes at GEO-01, Minyari South, and Minyari Southeast, Antipa Minerals is well-positioned to expand its resource base in the near future.
Managing Director Roger Mason emphasized the significance of these results, noting that the second batch of assays has confirmed the presence of substantial gold and copper intersections across multiple target areas. Mason highlighted that the success at Fiama, particularly the high-grade intercepts, has prompted a reassessment of the area's exploration priority.
These results are expected to play a key role in Antipa's Phase 2 exploration program for 2024, potentially driving further discoveries as drilling continues to advance across the project.
