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ANTIPA MINERALS LIMITED

ASX: AZY

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

Description

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 a package of prospective tenements covering 1,714 square kilometres in the Proterozoic Paterson Province of Western Australia (Citadel Project). The Citadel Project is located approximately 100 kilometres north of Newcrest’s Telfer gold mine and includes the drill defined gold and copper deposit known as the Magnum Deposit.

Citadel Project

The wholly owned Citadel Project is located in northwest Western Australia approximately 400 km east of Port Headland and 1,300 km north northeast of Perth. The Project is located within the Proterozoic Paterson Province and consists of four exploration licenses covering an area of approximately 1,414 km2 of highly prospective but grossly underexplored stratigraphy. The high-grade Magnum gold-copper deposit is located within the project and is a testimony to the project’s significant potential.

Magnum Gold-Copper Deposit

Previous exploration in the Citadel Project area has been undertaken by BHP (1991-1996), Croesus-Gindalbie (1997-2002), Teck Cominco (2002-2003), NGM Resources (2004-2005) and Glengarry Resources/Centaurus Metals Limited (2006-2010). The Croesus-Gindalbie Joint Venture identified significant gold and copper mineralisation at the Magnum prospect after following up results of BHP’s regional exploration.

High-grade gold-copper mineralisation at Magnum has been identified over a 1,200 metre strike length and down to 500 metres below the surface; drilling is wide-spaced (> 100 metre east-west x 100 metre north-south) mainly concentrated over 500 metres of strike length. The deposit remains open along strike and down ± up dip/plunge. Excellent potential remains to delineate a significant gold and copper Mineral Resource.

Mine For

copper, gold

Location of operation(s)

Western Australia

Address

Se 21 589 Stirling Hwy
COTTESLOW, WA, Australia

Phone

+61 9 6365 4850

Email

Website


Last Updated

3/8/2011

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.