Outstanding Gold Drill Intercepts Reported by Antipa Minerals in Paterson Region
Greatland Gold plc (AIM:GGP), the precious and base metals exploration and development
company, notes that Antipa Minerals (ASX:AZY) has reported positive high-grade gold results
from its drilling campaign at its Minyari Dome Project, approximately 35 kilometres along
strike from Greatland’s Havieron project.
Highlights from Antipa Minerals announcement:
Antipa Minerals has today reported high grade gold results at its Minyari Dome
WACA deposit located in the Paterson region of Western Australia, including 42.0m
at 7.8g/t gold from 262m downhole (incl 13.0m at 22.1g/t gold and 1m at 222.0g/t
gold), and 28.0m at 3.6 g/t gold from 13m downhole (incl 12.0m at 7.2g/t gold);
Antipa’s drill results represent some of the most outstanding gold drill intersections
reported in the Paterson region in recent times and, we believe, highlight the vast
exploration potential of the Paterson region;and
Antipa’s Minyari Dome Project is located approximately 35 kilometres north west of
Greatland’s Havieron project and is approximately 30 kilometres west of Greatland’s
Paterson Range East project.
Greatland recently more than doubled its potential landholding in the Paterson region and
now holds a potentially significant strategic position of over 360 square kilometres in a
region that is seeing increasing interest from major mining companies. Greatland’s Havieron
project is located approximately 40 kilometres east of Newcrest’s Telfer gold mine which has
produced over 27 million ounces of gold to date. Limited historical exploration by Newcrest
in the late 1990s demonstrated high grade gold and copper mineralisation at Havieron with
peak values of 15g/t Au and 2.5% Cu.
Gervaise Heddle, Chief Executive Officer, commented: “The outstanding results reported
today by Anitpa Minerals highlight the potential of this exciting gold/copper district. We
believe that this announcement may significantly accelerate regional exploration efforts by
the mining companies in the region, including Newcrest, Rio Tinto and Antipa.”
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