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Mining

Antipa Minerals targets gold copper maiden Mineral Resource at Magnum

Antipa Minerals (ASX: AZY) has entered into a contract with Australian Contract Mining Pty to evaluate high grade gold copper mineralisation at the company’s Magnum Deposit, within the wholly-owned Citadel Project in Western Australia.

Drilling at Magnum will be extensive, and will cover up to 15,000 metres of diamond and reverse circulation drilling.

The objectives of the drilling are to explore the strike and depth extensions of the high grade gold copper at Magnum, as well as complete first-pass delineation drilling at the project to deliver a maiden Mineral Resource.

The drilling will also test several high priority regional targets; including potential new targets generated by the imminent VTEM heliborne electromagnetic survey.

Citadel is strategically located 400 kilometres east of Port Hedland within the Paterson Province, and 1,300 kilometres north northeast of Perth, with the project covering around 1,414 square kilometres.

The Paterson Province is considered highly prospective due to hosting several world-class mineral deposits all located within 150 kilometres of Citadel.

These projects include Australia’s third largest gold producer Newcrest Mining’s (ASX: NCM) Telfer Gold Mine, Aditya Birla’s Nifty Copper Mine, Newcrest’s O’Callaghans tungsten and base metal skarn deposit and Cameco Corporation-Mitsubishi Corporation’s Kintyre uranium deposit.

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