Acquisition Date

2019 / Nov / 14

Terms

1.0% NSR

Operator

Antipa Minerals Limited

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.

Recent Activity

October 2021

Antipa released further results from the 2021 drill program and announced that the program has increased to 45,000 metres. Highlighted drill results include:

  • 21MYC0221: 77.0 metres of 1.3 g/t gold, 0.41% copper, and 1.1 g/t silver from 85.0 metres;
  • 21MYC0233: 134.0 metres of 1.7 g/t gold and 0.30% copper from 212.0 metres; and
  • 21MYC0235: 30.0 metres of 3.0 g/t gold and 0.14% copper from 149.0 metres.
September 2021

To date, results from the 2021 drill program continue to extend the potential size of the Minyari resource and enhance the project development opportunity, with a total of 27,000 metres of infill, extensional and brownfield discovery drilling completed.

North Telfer