Antipa Minerals Ltd is an Australian public company incorporated in 2010 with the objective of identifying under-explored mineral projects in mineral provinces which have the potential to host world class mineral deposits, thereby offering high leverage exploration potential.
The Company owns several packages of prospective tenements in the world class Proterozoic Paterson Province of Western Australia.
The Company owns a 1,336 sqkm package of prospective granted tenements in the Paterson Province known as the Citadel Project. The Citadel Project is located approximately 75km north of Newcrest’s giant Telfer gold-copper-silver mine and includes the gold-copper-silver±tungsten Mineral Resources at the Calibre and Magnum deposits for a total of 1.2 million ounces of gold and 139,000 tonnes of copper, with mineralisation at both deposits remaining open in all directions, and the high-grade polymetallic Corker deposit. Under the terms of Farm-in and Joint Venture agreements Rio Tinto can fund up to $60 million of exploration expenditure to earn up to a 75% interest in Antipa’s Citadel Project.
The Company's North Telfer Project consists of 1,285 sqkm of granted tenure and 17 sqkm of ground currently under application. The North Telfer Project extends from the southern boundary of the Citadel Project, which is subject to the Rio Tinto Farm-in Agreement, to within 20km of the Telfer mine and 30km of the O’Callaghans tungsten and base metal deposit. The North Telfer Project hosts a number of historically defined gold ± copper prospects including “walk-up” drilling targets at the high-grade Minyari deposit, WACA deposit and Judes prospect.
The Paterson Project consists of 1,527 sqkm of granted tenure which the Company acquired from the Mark Creasy controlled company Kitchener Resources Pty Ltd. The Paterson Project hosts several historical prospects and extends the Company’s ground holding to within 5km of Telfer and 7km of O’Callaghans.
The Company’s Telfer Dome Project consists of a further 164 sqkm of exploration licences (including both granted tenements and applications), which come to within 5km of Telfer and 7km of O’Callaghans and hosts several historical prospects.
Minyari Drilling Update No. 3
Annual Financial Report for the Year Ended 30 June 2016
Completion of Phase 1 Minyari Deposit RC Drilling Programme
2016 Diggers and Dealers Presentation
Quarterly Report and Appendix 5B for the Quarter ended 30 June 2016
First Assay results returned for Minyari Phase 1 Reverse Circulation drilling programme delivers high grade gold intersections on multiple drill sections
North Telfer Project - Reprocessed Minyari 2008 IP Survey Identifies Multiple Untested Chargeability Targets
Response to Aware Letter
Citadel Project IP Survey Identifies Multiple Chargeability Anomalies along 20km Calibre Trend
Response to Price and Volume Query
Further Historical High Grade Gold Intersections at Minyari
Ceasing to be a Substantial Holder
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The Calibre gold-copper-silver-tungsten deposit Inferred Mineral Resource estimated and reported in accordance with JORC 2012 by Snowden Mining Industry Consultants is 47.8 million tonnes grading 0.56 g/t gold and 0.17% copper for 867,000 ounces of gold and 81,000 tonnes of copper.
The Magnum gold-copper-silver deposit Inferred Mineral Resource estimated and reported in accordance with JORC 2012 by Cube Consulting is 16.1 million tonnes grading 0.66 g/t gold and 0.36% copper for 339,000 ounces of gold and 58,000 tonnes of copper.
At both Calibre and Magnum there is significant potential to delineate high grade mineralisation trends and in doing so increase the average gold and copper grades of both deposits; and also increase the size of both Mineral Resources significantly which remain open in all directions.