Antipa Minerals Ltd announces final results from CY2024 Phase 1 drilling

Antipa Minerals Ltd (ASX: $AZY) has announced the final results from the CY2024 Phase 1 reverse circulation drilling completed at its 100%-owned Minyari Dome Gold-Copper Project in the Paterson Province of Western Australia. The drilling programme successfully identified new zones of near-surface gold mineralisation across Minyari Dome, confirming high-grade gold mineralisation along the northern edge of the main zone of GEO-01 and at several areas within the broader 700m by 500m GEO-01 prospect area.

Executive Commentary on CY2024 Phase 1 Results

Antipa's Managing Director, Roger Mason, expressed delight at the final assay results, stating that the decision to expand the initial size and scope of drilling has delivered fantastic outcomes with thick, near-surface high-grade gold mineralisation discovered at multiple target areas. He highlighted the successful identification of new gold zones along the northern edge of GEO-01, at the GP01 target, and at the Minyari Southeastern Extension target. Mason also mentioned the refinement of the geological model and the generation of multiple new drill target locations. Additionally, he mentioned the upcoming CY2024 Phase 2 drilling programme set to commence later this year and the expectation of assay results from the two diamond drill holes completed at the PM1 and PM2 targets late this month.

Summary of CY2024 Phase 1 Results and Outlook

The CY2024 Phase 1 drilling programme at Minyari Dome Project has successfully identified new zones of near-surface, high-grade gold mineralisation, increasing the resource potential at the existing Minyari deposit and adding to the substantial opportunity at GEO-01. The results from the programme also facilitate refinement of the geological model and enable generation of multiple new drill target locations. Antipa Minerals is advancing workstreams designed to deliver a GEO-1 maiden resource and an update to the existing Minyari resource, both scheduled for July 2024. The company is also preparing for the upcoming CY2024 Phase 2 drilling programme set to commence later this year. The Phase 2 programme is expected to target further increases to the existing Minyari Dome Mineral Resource, delivering strong value enhancement to the existing development opportunity at the Minyari Dome Project.