The North Telfer project is located in the Paterson Province of Western Australia approximately 20 kilometres north of Newcrest’s large-scale Telfer mine. The Minyari and WACA gold-copper-silver-cobalt deposits at North Telfer are hosted within a geological structure referred to as the Minyari Dome. Both deposits are potentially amenable to open pit and underground mining methods, bearing a number of similarities to the mineralization at the Telfer deposit.
Strong gold results from exploration drilling programs completed in 2016 and 2017 enabled Antipa to establish its maiden Minyari and WACA deposit JORC Mineral Resource Estimates and to commence evaluation of the economic potential of the Minyari Dome area.
Antipa released further assay results from ongoing diamond drilling at Minyari and WACA, which returned multiple high-grade gold and copper intersections with significant zones of gold-copper-silver-cobalt mineralization. A follow-up drilling program is expected to continue through April 2021. Significant results included:
- 20MYD0192: 5.35m at 12.35 g/t gold and 0.06% copper from 311.65m down hole including 1.00m at 65.40 g/t gold and 0.25% copper from 316.00m
- 20MYD0194: 19.65m at 2.59 g/t gold, 0.44% copper and 1.47 g/t silver from 292.35m including 0.80m at 29.70 g/t gold, 5.79% copper and 19.70 g/t silver from 298.35
- 20MYD0194: 23.00m at 4.53 g/t gold, 0.41% copper and 1.04 g/t silver from 549.00m down hole including 2.05m at 32.53 g/t gold, 0.97% copper and 1.93 g/t silver from 549.95m