Proactive - Interviews for investors

Just the Facts: Antipa Minerals discovers near-surface gold zones at GEO-01 South

Episode Summary

Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from Antipa Minerals Ltd (ASX:AZY). The company has discovered several shallow, near-surface gold zones at the GEO-01 South prospect, part of the Minyari Dome Gold-Copper Project in Western Australia. These results are based on an ongoing reverse circulation (RC) drilling program over a 700 by 500-metre area. Significant intercepts include 23 metres at 2.8 g/t gold from 77 metres, with higher-grade sections of 8 metres at 7.7 g/t from 88 metres and 3 metres at 18.2 g/t from 90 metres. The company highlighted its satisfaction with these initial assay outcomes, which confirm the growth potential of the GEO-01 satellite resource and the discovery of new high-grade gold zones. The GEO-01 deposit remains open in most directions, indicating potential for further resource growth. Antipa is preparing to initiate a pre-feasibility study for the Minyari Dome project, contingent on a positive scoping study and board approval. This study is expected to commence in the first quarter of 2025. The current resource estimate for Minyari Dome includes 2.3 million ounces of gold, 84,000 tonnes of copper, 661,000 ounces of silver, and 13,000 tonnes of cobalt. #ProactiveInvestors #AntipaMinerals #ASX #MinyariDome #GoldExploration #CopperMining #WesternAustralia #RCDrilling #GoldMineralisation #GEO01South #GoldDiscovery #MiningUpdates #MineralResources #HighGradeGold #MiningNews #CopperExploration #GoldTargets #AustralianMining #ASX #PreciousMetals #ExplorationDrilling #MiningInvestments