Proactiveinvestors Australia Antipa Minerals Ltd https://www.proactiveinvestors.com.au Proactiveinvestors Australia Antipa Minerals Ltd RSS feed en Tue, 25 Jun 2019 05:39:12 +1000 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[News - Antipa Minerals raises $5.1 million to accelerate greenfields exploration within the Paterson province in WA ]]> https://www.proactiveinvestors.com.au/companies/news/218024/antipa-minerals-raises-51-million-to-accelerate-greenfields-exploration-within-the-paterson-province-in-wa-218024.html Antipa Minerals Ltd (ASX:AZY) has raised $5.1 million from the placement of about 268.8 million new shares to new and existing investors at an issue price of 1.9 cents a share.

The placement ensures Antipa will be well-funded to accelerate its focus on regional exploration across the recently identified high-priority aerial electromagnetic (AEM) and aeromagnetic greenfield gold-copper targets within the El Paso corridor in Western Australia.

These targets include several that are analogous to Rio Tinto’s (LON:RIO) Winu copper-gold discovery, Newcrest Mining’s (ASX:NCM) Telfer gold-copper deposit and Greatland Gold PLC’s (LON:GGP) Havieron gold-copper discovery.

Antipa will also systematically test additional brownfields targets including Pajero, Triangle and Turkey Farm that have the potential to add high-grade gold ounces to the company’s resource base.

“Aggressive dual track exploration program” planned

Antipa executive chairman Stephen Power said: “We are delighted with the outcome of the placement that generated exceptional demand from existing shareholders and a number of new, high quality institutional investors.

“Antipa is now well capitalised to undertake an aggressive dual track exploration program comprising drill testing of high priority regional greenfield AEM and aeromagnetic targets across the El Paso corridor as well as brownfields targets in proximity to the Minyari-WACA deposits.

“In addition to exploration planned on our tenements, Rio Tinto is funding a significant program on the Citadel joint venture area, which neighbours their recent Winu discovery and the combination of the two will see Antipa as one of the most active companies in the region.”

The issue price represents a 20.8% discount to Antipa’s last closing price of 2.4 cents per share on April 2, 2019 and a 24.3% discount to the 10-day volume weighted average price of 2.5 cents per share.

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Fri, 05 Apr 2019 15:53:00 +1100 https://www.proactiveinvestors.com.au/companies/news/218024/antipa-minerals-raises-51-million-to-accelerate-greenfields-exploration-within-the-paterson-province-in-wa-218024.html
<![CDATA[News - Antipa Minerals begins EM survey as part of Rio farm-in at WA project ]]> https://www.proactiveinvestors.com.au/companies/news/209520/antipa-minerals-begins-em-survey-as-part-of-rio-farm-in-at-wa-project-209520.html Antipa Minerals Ltd (ASX:AZY) has begun an additional 600 square kilometres of airborne electromagnetic (EM) surveying at its Citadel Project in Western Australia.

The survey is part of the $60-million farm-in by Rio Tinto Exploration Pty Ltd and aims to identify a new generation of EM conductivity targets for evaluation during 2019.

Rio Tinto Exploration Pty Ltd is a wholly-owned subsidiary of Rio Tinto Ltd (ASX:RIO).

 

A geophysical survey conducted by Antipa in 2011 using similar VTEM technology identified the Magnum gold-copper-silver deposit and lead to the discovery of the Corker polymetallic deposit.

The EM survey was not included in the original Rio Tinto exploration program and budget for this field season and represents a decision by Rio to undertake additional regional geophysical work.

READ: Antipa Minerals intersects high-grade gold at Chicken Ranch in WA

Rio Tinto operates the Citadel Project under the terms of the farm-in agreement and proposed the survey to define conductors with potential to represent semi-massive to massive sulphides associated with gold-copper mineralisation.

The survey area covers all remaining regions of Citadel not previously covered by airborne EM geophysical systems.

A MultiMoment SkyTEM-306HP time-domain, helicopter-borne EM system from SKYTEM Australia Pty Ltd will be used to conduct the survey.

Cover within the survey area typically ranges from between 20 to 80 metres.

READ: Antipa Minerals identifies multiple copper and gold targets near Telfer mine in WA

Rio Tinto’s farm-in allows it to earn up 75% interest in Citadel provided it satisfies a number of exploration commitments.

The current stage requires $8 million of exploration expenditure from Rio within a 3-year period to earn a 51% joint venture interest.

The mining major may then elect to spend a further $14 million in exploration to earn 65%, and another $35 million to earn 75%.

Antipa will reserve the right to contribute in the next stage to maintain its 35% joint venture interest.

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Mon, 19 Nov 2018 23:51:00 +1100 https://www.proactiveinvestors.com.au/companies/news/209520/antipa-minerals-begins-em-survey-as-part-of-rio-farm-in-at-wa-project-209520.html
<![CDATA[Media files - Antipa Minerals chasing 'game changing opportunity' near Rio Tinto in Paterson Province ]]> https://www.proactiveinvestors.com.au/companies/stocktube/11230/antipa-minerals-chasing-game-changing-opportunity-near-rio-tinto-in-paterson-province-11230.html Mon, 19 Nov 2018 11:06:00 +1100 https://www.proactiveinvestors.com.au/companies/stocktube/11230/antipa-minerals-chasing-game-changing-opportunity-near-rio-tinto-in-paterson-province-11230.html <![CDATA[News - Antipa Minerals intersects high-grade gold at Chicken Ranch in WA ]]> https://www.proactiveinvestors.com.au/companies/news/205183/antipa-minerals-intersects-high-grade-gold-at-chicken-ranch-in-wa-205183.html Antipa Minerals Ltd (ASX:AXY) has identified high-grade gold mineralisation during aircore drilling at the Chicken Ranch prospect within its Paterson Project in northern Western Australia.

The 195-hole, 10,105-metre drilling program aimed to identify new mineralisation in proximity to the historic drill-defined high-grade gold mineralisation, including parallel trends.

Assays from a further 60 drill holes are pending, as well as results from a 16-hole reverse circulation (RC) drilling program that focused on Chicken Ranch’s immediate resource opportunity.

READ: Antipa Minerals identifies multiple gold and copper targets near Telfer mine in WA

Highlighted results from Chicken Ranch include: 12 metres at 7.21 g/t gold from 28 metres, including 6 metres at 13.66 g/t from 28 metres; 10 metres at 3.57 g/t from 45 metres, including 2 metres at 7.85 g/t from 48 metres; and 3 metres at 5.26 g/t from 48 metres, including 1 metre at 14.12 g/t from 48 metres.

These results, together with historic drill intersections, confirm the high-grade gold potential of the area, which is 25 kilometres south of the company’s existing Minyari Dome mineral resources.

Historic intersections include: 16 metres at 6.6 g/t from 65 metres, including 5 metres at 18.9 g/t; and 22 metres at 4.3 g/t from 23 metres, including 4 metres at 18.3 g/t and 6 metres at 3.9 g/t.

READ: Antipa Minerals confirms potential cobalt products from North Telfer processing

Antipa has also identified through field mapping a new zone of mineralisation in the southwest of Chicken Ranch, with 22 rock chip samples confirming the potential new zone.

Of the samples, 11 returned results greater than 1 g/t gold and maximum grades of 23.1 g/t, 0.11% copper and 0.16% cobalt.

Ongoing exploration activities in the Chicken Ranch area for the remainder of the year include:

Possible follow up drill testing;

3D geological modelling and mineral resource estimation; and

Turkey Farm prospect drill planning, including a heritage survey.

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Wed, 19 Sep 2018 00:35:00 +1000 https://www.proactiveinvestors.com.au/companies/news/205183/antipa-minerals-intersects-high-grade-gold-at-chicken-ranch-in-wa-205183.html
<![CDATA[News - Antipa Minerals identifies multiple gold and copper targets near Telfer mine in WA ]]> https://www.proactiveinvestors.com.au/companies/news/205086/antipa-minerals-identifies-multiple-gold-and-copper-targets-near-telfer-mine-in-wa-205086.html Antipa Minerals Ltd (ASX:AZY) has identified multiple copper and gold targets in an induced polarisation (IP) survey at the Tim’s Dome prospect within its Paterson Project in northern Western Australia.

A total of 11 targets were identified for drill testing, using both the IP survey data and historical exploration data, and a 7,000-metre reverse circulation (RC) drilling program to test the targets began this week.

Antipa also plans to follow up other recently discovered IP anomalies, untested historic IP anomalies and high-grade Telfer reef-style targets within the project.

READ: Antipa Minerals confirms potential cobalt products from North Telfer processing

Tim’s Dome is part of the same geological structure that hosts the neighbouring Telfer Gold-Copper Mine operated by Newcrest Mining Ltd (ASX:NCM), which has produced more than 12 million ounces of gold.

The largest of the identified IP anomalies at the prospect represents a target for Telfer reef-style high-grade gold and copper mineralisation.

It extends for 1,000 metres and is 350 metres wide, lying under 3-5 metres of shallow sand cover on the eastern side of the prospect.

READ: Antipa Minerals raising up to $7.5 million to accelerate gold, copper exploration programs

Interpreted host rocks are equiValent to those which host Telfer’s Middle Vale and E-Reefs and the target has a comparable structural environment to Telfer.

This is indicated by: bedding conformable eastern limit; western limit of anomaly oblique to bedding; and east-west cross-cutting structures and bedding strike flexure.

These characteristics all are favourable for creating fluid conduits for gold and copper deposition.

High-grade, Telfer reef-style targets

Antipa’s interpretation of previous drilling completed at Tim’s Dome has defined an additional high-grade gold and copper Telfer reef-style target with a 1-kilometre strike length on the western side of the prospect.

Two or more shallowly-dipping and gently south-plunging reef horizons grading up to 32 g/t gold are interpreted to occur within a strike-extensive (plus-4 kilometres) steeply-dipping mineralised conduit.

These reefs also represent targets along the Tim’s Dome axis and eastern limb regions which are coincident with the identified IP anomalies.

Historic exploration at Tim’s Dome mainly focused on the western side which is sub-cropping and generally has low to moderate-grade gold mineralisation within a steeply dipping corridor.

The potential for high-grade shallow dipping Telfer reef-style gold targets has largely been overlooking during previous exploration, particularly on the sand-covered eastern limb of the dome.

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Tue, 18 Sep 2018 01:59:00 +1000 https://www.proactiveinvestors.com.au/companies/news/205086/antipa-minerals-identifies-multiple-gold-and-copper-targets-near-telfer-mine-in-wa-205086.html
<![CDATA[News - Antipa Minerals confirms potential cobalt products from North Telfer processing ]]> https://www.proactiveinvestors.com.au/companies/news/203620/antipa-minerals-confirms-potential-cobalt-products-from-north-telfer-processing-203620.html Antipa Minerals Ltd (ASX:AZY) has confirmed ore from its North Telfer Project in Western Australia can be processed to produce both copper-gold concentrate as well as cobalt-gold products.

The metallurgical test work demonstrated the ore could produce a copper-gold concentrate of up to 21.9% copper in intermediate flotation concentrate with high gold grades up to 67 g/t.

Antipa also produced standalone cobalt products in the test work, using both gravity and flotation methods to produce concentrate.

The cobalt gravity concentrate graded up to 11% cobalt with recoveries up to 66% and the flotation concentrate graded up to 5.6% cobalt with recoveries up to 68%, both with gold by-product.

All metallurgical test work to date has been conducted by Bureau Veritas Minerals Pty Ltd under the management of Strategic Metallurgy Pty Ltd.

READ: Antipa Minerals raising up to $7.5 million to accelerate gold, copper exploration programs

The test work aimed to confirm the potential of ore from the Minyari Dome deposit to be processed through two potential routes: a conventional gold circuit to recover gold only or a conventional flotation to create discrete copper-gold and cobalt-gold products.

This follows on from testing in 2017 that focused on gold only, with conventional gravity and cyanide leach processing delivering recoveries of 95% in oxide ore and 88% in primary ore.

Antipa believes unlocking the copper and cobalt by-product value can further enhance the project’s development, particularly now that it is demonstrably amenable to conventional processing techniques.

Upcoming test work will focus on:

Copper and cobalt flotation optimisation to improve concentrate grades at suitable recoveries;

Optimisation of gravity concentration of cobalt;

Oxide by-product flotation test work;

Grind optimisation; and

Evaluation of heap leach amenability.

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Mon, 27 Aug 2018 02:27:00 +1000 https://www.proactiveinvestors.com.au/companies/news/203620/antipa-minerals-confirms-potential-cobalt-products-from-north-telfer-processing-203620.html
<![CDATA[News - Antipa Minerals raising up to $7.5 million to accelerate gold, copper exploration programs ]]> https://www.proactiveinvestors.com.au/companies/news/197333/antipa-minerals-raising-up-to-75-million-to-accelerate-gold-copper-exploration-programs-197333.html Antipa Minerals Ltd (ASX:AZY) has received commitments to raise up to $3.3 million via a placement to both new and existing institutional and sophisticated investors at 1.2 cents per share.

In addition to the placement, Antipa is raising up to a further $4.3 million by way of a partially underwritten 1:4 entitlements offer to existing shareholders and a shortfall placement.

Antipa is focused on exploring more than 5,000 square kilometres of highly-prospective and under-explored tenure within the Paterson Province of Western Australia.

The capital raising ensures Antipa is well funded to undertake its planned exploration program to grow the 723,000 ounces high-grade gold resource at the Minyari / WACA deposits.

Antipa is also planning to test the potential at Tim’s Dome, which represents a potential analogue to Newcrest’s (ASX:NCM) Telfer mine, one of the largest and most productive gold/copper mines in Australia.

The company will also seek to test a number of prospects regionally on its 100% owned tenements, including the high-grade Chicken Ranch prospect.

Own and farm-in projects

On completion of the capital raising, Antipa will undertake a 55,000 metres drilling campaign on its fully owned Paterson projects to expand the current resource.

Antipa’s joint venture partner, Rio Tinto Exploration Pty Ltd will also continue its exploration efforts on the Citadel Project, with confirmation having been received in respect of the 2018 program as part of the $60 million Rio farm-in at Citadel.

Well-positioned to deliver resource growth

Antipa executive chairman Stephen Power said: “We are delighted with the strong support received from our existing shareholders and welcome a number of new, high quality institutional investors as shareholders of Antipa.

“This is a great endorsement of both the company and our projects and we are now well positioned to deliver on our stated resource growth and objectives to support commencement of a study in 2019.”

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Mon, 21 May 2018 14:23:00 +1000 https://www.proactiveinvestors.com.au/companies/news/197333/antipa-minerals-raising-up-to-75-million-to-accelerate-gold-copper-exploration-programs-197333.html
<![CDATA[News - Antipa Minerals to update on deal with Rio Tinto ]]> https://www.proactiveinvestors.com.au/companies/news/176043/antipa-minerals-to-update-on-deal-with-rio-tinto-176043.html Antipa Minerals (ASX:AZY) has been granted a trading halt by the ASX, with its shares placed in pre-open.

Antipa requested the halt pending details in relation to its Citadel Project Farm-in Agreement with Rio Tinto Exploration Pty Ltd, a wholly owned subsidiary of Rio Tinto (ASX:RIO).

The halt will remain in place until the opening of trade on Monday 10th April 2017, or earlier if an announcement is made to the market.

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Thu, 06 Apr 2017 09:30:00 +1000 https://www.proactiveinvestors.com.au/companies/news/176043/antipa-minerals-to-update-on-deal-with-rio-tinto-176043.html
<![CDATA[News - Antipa Minerals Ltd to increase cash balance ]]> https://www.proactiveinvestors.com.au/companies/news/167877/antipa-minerals-ltd-to-increase-cash-balance-167877.html Antipa Minerals Ltd (ASX:AZY) has been granted a trading halt by the ASX pending details of a capital raising.

The halt will remain in place until the opening of trade on Thursday 27th October 2016, or earlier if an announcement is made to the market.

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Tue, 25 Oct 2016 10:30:00 +1100 https://www.proactiveinvestors.com.au/companies/news/167877/antipa-minerals-ltd-to-increase-cash-balance-167877.html
<![CDATA[News - Antipa Minerals sets sail for raising ]]> https://www.proactiveinvestors.com.au/companies/news/167792/antipa-minerals-sets-sail-for-raising-167792.html The company is pending details of a capital raising.

The halt will remain in place until the opening of trade on Tuesday 25th October, or earlier if an announcement is made to the market.

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Mon, 24 Oct 2016 07:00:00 +1100 https://www.proactiveinvestors.com.au/companies/news/167792/antipa-minerals-sets-sail-for-raising-167792.html
<![CDATA[News - Antipa Minerals Ltd awaits gold-copper assays from producing district ]]> https://www.proactiveinvestors.com.au/companies/news/165341/antipa-minerals-ltd-awaits-gold-copper-assays-from-producing-district-70321.html Antipa Minerals Ltd (ASX:AZY) has completed an 8029-metre Phase 1 drilling program at the Minyari Deposit of the North Telfer Project in Western Australia’s Paterson Province.

The project is located just 20 kilometres north of the Telfer mine owned by Newcrest Mining Ltd (ASX:NCM) where 520,309 ounces of gold and 23,119 tonnes of copper were produced in FY2015.

In July, Antipa had announced results from the first 11 holes at the Minyari Deposit which included 35 metres at 3.57 g/t gold and 0.05% copper from 87 metres.

The next batch of results is expected to be received and reported prior to the end of this month.

The main objective of the drilling program was to investigate potential extensions to the limits of the Minyari gold-copper mineralisation over a total strike length of 450 metres from near surface to vertical depths of up to 240 metres.

Also, further possible regions of mineralisation were explored through the testing of induced polarisation anomalies 300 metres south and 250 metres north of the main target region.

In addition to North Telfer, Antipa owns the Citadel Project, also situated in the Paterson Province.

Under the terms of a farm‐in agreement with Rio Tinto Exploration, Rio Tinto can fund up to $60 million of exploration expenditure to earn up to 75% interest in the Citadel Project.

During the June quarter, an extensive induced polarisation survey was conducted at Citadel, as part of the initial $3 million expenditure commitment from Rio Tinto.

Antipa had $4.6 million in cash as at 30 June 2016.

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

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Tue, 09 Aug 2016 11:30:00 +1000 https://www.proactiveinvestors.com.au/companies/news/165341/antipa-minerals-ltd-awaits-gold-copper-assays-from-producing-district-70321.html
<![CDATA[News - Antipa Minerals Ltd has high grade gold hits at North Telfer Project ]]> https://www.proactiveinvestors.com.au/companies/news/132001/antipa-minerals-ltd-has-high-grade-gold-hits-at-north-telfer-project-69922.html Antipa Minerals Ltd (ASX:AZY) has received assay results revealing high-grade gold intersections on multiple drill sections from early drilling at the North Telfer Project in Western Australia.

Conveniently, the project is located just 20 kilometres north of the Telfer gold and copper mines in the Great Sandy Desert in the East Pilbara region of Western Australia, owned by Newcrest Mining Ltd (ASX:NCM).

Best results from the Minyari drilling included 35 metres at 3.57 g/t gold, 0.05% copper from 87 metres and 30 metres at 2.55 g/t gold, 0.31% copper from 14 metres.

Assay results have been received for the first 11 drill-holes out of 36 reverse circulation (RC) drill-holes for 5,518 metres.

The drilling has confirmed the existing mineralisation over 150 metres in strike length, 130 metres in width and 60+ metres in thickness.

Importantly, the Infill RC drill-hole results are broadly comparable to historic drilling results and demonstrates continuity within this zone.

The North Telfer Project is part of the world‐class Proterozoic Paterson Province in Western Australia.

In addition to North Telfer, Antipa owns the Citadel Project, also situated in the Proterozoic Paterson Province.

Under the terms of a farm‐in agreement with Rio Tinto Exploration, Rio Tinto can fund up to $60 million of exploration expenditure to earn up to 75% interest in the Citadel Project.

The drilling of gold/copper targets at Citadel will commence during Q4 2016, and will involve drill testing of IP chargeability anomalies generated during ongoing Phase 1 activities.

In May, Antipa raised $3.34 million after receiving almost complete take up from option-holders, who chose to exercise their options.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Wed, 20 Jul 2016 14:00:00 +1000 https://www.proactiveinvestors.com.au/companies/news/132001/antipa-minerals-ltd-has-high-grade-gold-hits-at-north-telfer-project-69922.html
<![CDATA[News - Antipa Minerals Ltd in an ASX trading halt ]]> https://www.proactiveinvestors.com.au/companies/news/132000/antipa-minerals-ltd-in-an-asx-trading-halt-69369.html Antipa Minerals Ltd (ASX:AZY) has been granted a trading halt by the ASX, allowing the company time to respond to a price and volume query.

Intra-day before the halt, the shares were up 16.3% to $0.051, with more than 18 million shares changing hands.

The halt will remain in place until the opening of trade on Friday 24th June 2016, or earlier if an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Wed, 22 Jun 2016 14:00:00 +1000 https://www.proactiveinvestors.com.au/companies/news/132000/antipa-minerals-ltd-in-an-asx-trading-halt-69369.html
<![CDATA[News - Antipa Minerals Ltd trousers $3.34 million from cash raiser ]]> https://www.proactiveinvestors.com.au/companies/news/131999/antipa-minerals-ltd-trousers-334-million-from-cash-raiser--68768.html Antipa Minerals Ltd (ASX:AZY) will raise $3.34 million after receiving outstanding support from option holders who have exercised 99.6% of AZY’s listed $0.01 options in advance of the 17 May 2016 expiration date.

The small shortfall of 0.4% shares will be taken up by the underwriters Veritas Securities Limited.

The new funds will finance Antipa’s planned exploration activities, primarily its new Minyari-WACA area including the upcoming Phase 1 Minyari gold-copper deposit drilling programme.

These prospects are part of the North Telfer Project in Western Australia, hosting a number of historically defined gold and copper prospects.

Intersections from prior drilling includes 38 metres at 4.47 g/t gold and 0.05% copper from 88 metres downhole and 35.5 metres at 3.16 g/t gold and 0.56% copper from 9 metres downhole.

The Minyari-WACA provides a short term exploration and development opportunity, supported by the shallow high grade gold and copper mineralisation and the potential for open pit mining.

Additionally, Antipa’s joint venture Citadel Project in Western Australia is also underway, which is fully funded by Rio Tinto Exploration Pty Ltd with a maximum of $60 million exploration expenditure.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Tue, 24 May 2016 11:00:00 +1000 https://www.proactiveinvestors.com.au/companies/news/131999/antipa-minerals-ltd-trousers-334-million-from-cash-raiser--68768.html
<![CDATA[News - Antipa Minerals Ltd in ASX trading halt ]]> https://www.proactiveinvestors.com.au/companies/news/131998/antipa-minerals-ltd-in-asx-trading-halt-67758.html Antipa Minerals Ltd (ASX:AZY) has been granted a trading halt by the ASX, with its shares placed in pre-open.

Antipa requested the halt pending details of the underwriting of its list $0.01 options.

The company is focused on the Citadel Project in Western Australia, which is under a joint venture with Rio Tinto (ASX:RIO).

The halt will remain in place until the opening of trade on Friday 1st of April 2016, or earlier if an announcement is made to the market.

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

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Wed, 30 Mar 2016 09:30:00 +1100 https://www.proactiveinvestors.com.au/companies/news/131998/antipa-minerals-ltd-in-asx-trading-halt-67758.html
<![CDATA[News - Antipa Minerals Ltd moves ahead at Citadel with Rio Tinto farm-in ]]> https://www.proactiveinvestors.com.au/companies/news/131997/antipa-minerals-ltd-moves-ahead-at-citadel-with-rio-tinto-farm-in-67719.html Antipa Minerals Ltd (ASX:AZY) is moving ahead with extensive induced polarisation (IP) electrical geophysical survey at the Citadel Project in Western Australia, which is fully funded by Rio Tinto Exploration Pty Ltd.

The Citadel Project, covering 1,335 square kilometres is located 75 kilometres north of Newcrest Mining Ltd’s (ASX:NCM) Telfer gold-copper-silver mine.

Under the terms of the farm-in and joint venture agreement with Rio Tinto, Rio Tinto can fund up to $60 million of exploration expenditure to earn up to a 75% interest in Antipa’s Citadel Project.

The 2016 exploration program at Citadel has been divided into two phases.

During the first phase Antipa will conduct IP ground geophysical surveys at 16 high-priority targets within an extensive 400 square kilometre region of the Citadel Project, including Calibre, Magnum, Corker, Meekus and the broader Rimfire area.

Second phase of the exploration program will be driven by the results of phase 1 and is expected to include reverse circulation drill testing of IP chargeability anomalies generated during phase 1 and possible follow-up geophysical surveys.

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

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Tue, 29 Mar 2016 07:30:00 +1100 https://www.proactiveinvestors.com.au/companies/news/131997/antipa-minerals-ltd-moves-ahead-at-citadel-with-rio-tinto-farm-in-67719.html
<![CDATA[News - Antipa Minerals to update on North Telfer Project ]]> https://www.proactiveinvestors.com.au/companies/news/131996/antipa-minerals-to-update-on-north-telfer-project-66855.html Antipa Minerals (ASX:AZY) shares are currently in pre-open, following the ASX granting the company a trading halt.

Antipa requested the halt pending details on its North Telfer Project in the Paterson Province, Western Australia.

The halt will remain in place until the opening of trade on Friday 5th February 2016, or earlier if an announcement is made to the market.

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

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Thu, 04 Feb 2016 10:00:00 +1100 https://www.proactiveinvestors.com.au/companies/news/131996/antipa-minerals-to-update-on-north-telfer-project-66855.html
<![CDATA[News - Antipa Minerals to update on Citadel joint venture, funding ]]> https://www.proactiveinvestors.com.au/companies/news/131995/antipa-minerals-to-update-on-citadel-joint-venture-funding-65002.html Antipa Minerals (ASX:AZY) has been granted a trading halt by the ASX this morning, pending details in relation to its Citadel Project and a proposed capital raising.

The Citadel Project covers over 1100 square kilometres of prospective granted exploration licences in the Proterozoic Paterson Province of Western Australia.

The halt will remain in place until the opening of trade on Tuesday 13th October 2015, or earlier if an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Fri, 09 Oct 2015 10:00:00 +1100 https://www.proactiveinvestors.com.au/companies/news/131995/antipa-minerals-to-update-on-citadel-joint-venture-funding-65002.html
<![CDATA[News - Antipa Minerals, DMY Capital among Wednesday’s most traded ]]> https://www.proactiveinvestors.com.au/companies/news/131994/antipa-minerals-dmy-capital-among-wednesdays-most-traded-63110.html Wednesday’s leading volume stocks on the ASX.

NameCodeLastChangeVolume Norwood Systems ASX:NOR $0.036 9.1% 98,534,516 DMY Capital ASX:DMY $0.036 100% 51,831,468 South32 Limited ASX:S32 $1.94 2.4% 40,391,955 Antipa Minerals ASX:AZY $0.01 -16.7% 36,327,330 Sun Resources ASX:SUR $0.001 0% 31,950,525 88 Energy ASX:88E $0.015 7.1% 26,980,921 Laneway Resources ASX:LNY $0.005 0% 24,649,908 Arunta Resources ASX:AJR $0.002 100% 24,019,259 Alumina Limited ASX:AWC $1.62 1.6% 23,697,621 Telstra Corporation ASX:TLS $6.34 1%
22,569,841

 

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Thu, 25 Jun 2015 08:00:00 +1000 https://www.proactiveinvestors.com.au/companies/news/131994/antipa-minerals-dmy-capital-among-wednesdays-most-traded-63110.html
<![CDATA[News - Antipa Minerals is Tuesday’s most traded with 64 million shares changing hands ]]> https://www.proactiveinvestors.com.au/companies/news/131993/antipa-minerals-is-tuesdays-most-traded-with-64-million-shares-changing-hands-63082.html Tuesday’s leading volume stocks on the ASX.

NameCodeLastChangeVolume Antipa Minerals ASX:AZY $0.012 71.4% 64,639,070 Minera Gold ASX:MIZ $0.001 0% 55,290,173 VTX Holdings ASX:VTX $0.033 -2.9% 46,694,879 Global Metals ASX:GXN $0.001 -50% 43,311,019 Norwood Systems ASX:NOR $0.033 6.5% 36,337,483 South32 Limited ASX:S32 $1.895 0.3% 34,290,387 Cockatoo Coal ASX:COK $0.001 0% 31,018,334 Telstra Corporation ASX:TLS $6.280 1.6% 26,468,145 Altura Mining ASX:AJM $0.023 -20.7% 23,624,169 Empire Oil & Gas ASX:EGO $0.005 0 22,060,946

 

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Wed, 24 Jun 2015 08:00:00 +1000 https://www.proactiveinvestors.com.au/companies/news/131993/antipa-minerals-is-tuesdays-most-traded-with-64-million-shares-changing-hands-63082.html
<![CDATA[News - Antipa Minerals on capital raising drive ]]> https://www.proactiveinvestors.com.au/companies/news/131992/antipa-minerals-on-capital-raising-drive-61454.html Antipa Minerals (ASX:AZY) has been granted a trading halt by the ASX pending details of a proposed capital raising.

In February, Antipa updated Resources at its Calibre and Magnum deposits in accordance with JORC 2012. These are part of the Citadel Project located in Western Australia’s Proterozoic Paterson Province.

Calibre has a resource of 47.8 million tonnes at 0.56g/t gold and 0.17% copper, or 867,000 ounces of gold and 81,000 tonnes of copper.

Magnum hosts 16.1 million tonnes at 0.66g/t gold and 0.36% copper for 339,000 ounces of gold and 58,000 tonnes of copper.

The halt will remain in place until the opening of trade on Monday 30th March 2015, or earlier if an announcement is made to the market.

 

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Thu, 26 Mar 2015 12:00:00 +1100 https://www.proactiveinvestors.com.au/companies/news/131992/antipa-minerals-on-capital-raising-drive-61454.html
<![CDATA[News - Antipa Minerals files research and development tax refund claim ]]> https://www.proactiveinvestors.com.au/companies/news/131991/antipa-minerals-files-research-and-development-tax-refund-claim-61422.html Antipa Minerals (ASX:AZY) expects to receive a $515,000 tax refund under the Federal Government’s Research and Development Tax Incentive Scheme.

The claim was made in the company’s FY2014 tax return.

In February, Antipa updated Resources at its Calibre and Magnum deposits in accordance with JORC 2012. These are part of the Citadel Project located in Western Australia’s Proterozoic Paterson Province.

Calibre has a Resource of 47.8 million tonnes grading 0.56 grams per tonne gold and 0.17% copper, or 867,000 ounces of gold and 81,000 tonnes of copper while Magnum hosts 16.1 million tonnes grading 0.66 g/t gold and 0.36% copper for 339,000 ounces of gold and 58,000 tonnes of copper.



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Wed, 25 Mar 2015 10:30:00 +1100 https://www.proactiveinvestors.com.au/companies/news/131991/antipa-minerals-files-research-and-development-tax-refund-claim-61422.html
<![CDATA[News - Antipa Minerals identifies new copper-gold-silver targets at Calibre ]]> https://www.proactiveinvestors.com.au/companies/news/131990/antipa-minerals-identifies-new-copper-gold-silver-targets-at-calibre--57448.html Antipa Minerals (ASX:AZY) has made advancements in the understanding of the mineralisation controls at its Calibre deposit at the Citadel project in Western Australia.

Antipa has identified Telfer high grade reef style mineralisation and new high grade targets, exploration going forward to focus on the higher grade copper-gold zones.

The company has completed a detailed technical review of the Calibre gold-copper-silver-tungsten deposit resulting in the identification of dominant controls on the higher grade mineralisation.

This highlighted target areas and exploration strategies for discovering higher grade gold and copper mineralisation.

The Calibre deposit is predominantly hosted by meta-sediments interpreted to be the same formation to that which hosts the giant Telfer gold-copper-silver deposit, and the Calibre mineralisation bears a number of similarities to Telfer.

The geological and structural interpretation has identified a number of Reef style mineralisation horizons which are most strongly mineralised in regions of folding and in some instances proximal to major reverse faults, including the main Calibre Fault Zone.

Citadel covers 1,595 square kilometres of granted exploration licences in the Proterozoic Paterson Province, located within 100 kilometres from Newcrest Mining's (ASX:NCM) Telfer gold-copper-silver mine.

Citadel includes the gold-copper-silver-tungsten Magnum and Calibre deposits and the high grade polymetallic Corker deposit.

Antipa's North Telfer Project covers additional 1,317 square kilometres within 25 kilometres of the Telfer mine, and its Paterson project covers another 3,367 square kilometres located as close as 2.5 kilometres from Telfer.

The company is planning a diamond and Reverse circulation drilling program in conjunction with geophysical surveys to further evaluate the Calibre deposit with the aim of advancing the project toward a Scoping Study.

Antipa is lightly valued at under $3 million.

 

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Tue, 09 Sep 2014 13:30:00 +1000 https://www.proactiveinvestors.com.au/companies/news/131990/antipa-minerals-identifies-new-copper-gold-silver-targets-at-calibre--57448.html
<![CDATA[News - Antipa Minerals has metallurgical success at Calibre copper-gold deposit, Western Australia ]]> https://www.proactiveinvestors.com.au/companies/news/131989/antipa-minerals-has-metallurgical-success-at-calibre-copper-gold-deposit-western-australia-55259.html Antipa Minerals (ASX:AZY) has received positive results from metallurgical test work from the 873,000 ounce gold and 81,000 tonne copper Inferred Mineral Resource region of its Calibre deposit in Western Australia.

Total copper, gold and silver extraction of 85.7%, 80.5% and 81.3% respectively was achieved via a combination of conventional sulphide flotation and cyanide leaching of the flotation tails.

A copper sulphide concentrate was produced using conventional sulphide flotation which graded approximately 24% copper, with significant gold and silver credits.

Cyanidation of the copper flotation tails recovered a substantial portion of the gold not reporting to the copper concentrate.

Preliminary mineralogy of the ore used in this test work program, by QEMSCAN®, revealed both the copper and tungsten minerals to be comparatively coarse grained and well liberated.

Heavy Liquid Separation test work was used to assess the amenability of the ore to physical upgrade processes such as gravity, and highlighted the density beneficiation qualities of Calibre mineralisation.

The Calibre deposit’s simple and coarse grained copper mineralogy is almost exclusively chalcopyrite - no copper oxide or other copper sulphide minerals were observed.

The straightforward mineralogy has produced very favourable metallurgical outcomes from the low copper ore grades of Calibre.

Future test work will focus on improving the copper concentrate grade, developing a better understanding of the gold and silver mineralisation, and assessing methods of recovering the tungsten values in a marketable form.

Calibre ore has demonstrated its amenability to conventional, proven, low cost processing techniques, which will have a material positive impact on project economics.

Antipa recently commenced copper-gold drilling, designed to target the untested region of the Calibre ground magnetic anomaly.

 

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Wed, 28 May 2014 12:00:00 +1000 https://www.proactiveinvestors.com.au/companies/news/131989/antipa-minerals-has-metallurgical-success-at-calibre-copper-gold-deposit-western-australia-55259.html
<![CDATA[News - Antipa Minerals kicks off copper-gold drilling at Calibre, Western Australia ]]> https://www.proactiveinvestors.com.au/companies/news/131988/antipa-minerals-kicks-off-copper-gold-drilling-at-calibre-western-australia-55013.html Antipa Minerals (ASX: AZY) has commenced copper-gold drilling, designed to target the untested region of the Calibre ground magnetic anomaly in Western Australia.

The Calibre anomaly lies approximately 150 metres southeast of the existing Calibre deposit, and has a coincident surface electromagnetic conductivity anomaly and with soil anomalism, potentially due to an increase in sulphides.

The aim is to extend the combined strike extent of the Calibre-Magnum mineralisation to in excess of 2.9 kilometres, guided by the soil anomaly and geophysics, as well as to test for increases in grade.

This phase 1 drilling is expected to continue for 4 to 6 weeks and consist of up to 2,000 metres of diamond drilling, to be followed by further geophysical surveys and possible DHEM surveying of completed drillholes.

As an aside, late last year Antipa entered into an agreement to acquire the Mark Creasy controlled company Kitchener Resources in the Paterson Province, Western Australia.

Kitchener Resources holds 15 exploration licences covering 3367 square kilometres, largely adjacent to the existing mineral tenements and applications held by Antipa, and include substantial ground near the Telfer Gold-Copper Mine.

The consideration for the acquisition of Kitchener Resources was a 1% net smelter royalty over Kitchener Resources’ tenements, and the issue of 10 million shares in Antipa at an issue price of $0.055.

Mark Creasy, through Yandal Investments, is thus a 5.1% substantial shareholder in Antipa; a ringing endorsement by one of Australia's most successful prospectors.

Capped at under $5 million, with large targets and drilling underway, Antipa could be one to watch over the next few months.

 

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Fri, 16 May 2014 13:40:00 +1000 https://www.proactiveinvestors.com.au/companies/news/131988/antipa-minerals-kicks-off-copper-gold-drilling-at-calibre-western-australia-55013.html
<![CDATA[News - Antipa Minerals expands Calibre and Corker gold-copper target areas, Western Australia ]]> https://www.proactiveinvestors.com.au/companies/news/131987/antipa-minerals-expands-calibre-and-corker-gold-copper-target-areas-western-australia-53918.html Antipa Minerals (ASX:AZY) has defined expanded a soil anomaly at Calibre in Western Australia to 2 kilometres in strike length and up to 600 metres in width.

The strongest region is 1.5 kilometres by 300 metres, located immediately south of existing drilling and remains untested.

The Corker prospect has revealed several soil anomalies across a 2.7 kilometre long corridor, of which only 220 metres has been tested by drilling.

The ANK-H soil anomaly at Corker is around 1 kilometre by 1 kilometre, and of similar strength to Calibre soil anomaly. 

The MMI-M and SGH soil techniques use by Antipa are designed to identify anomalies vertically above buried mineralisation, and this has been verified by these survey results.

The ability of MMI-M and SGH to see buried Proterozoic base metal and precious mineralisation beneath younger sand dune and Permian transported cover is an exciting development for Antipa.

In order to fine tune specific target areas for drilling, Antipa will conduct additional soil sampling and ground magnetic surveys.

Priorities will be reappraised based on this new data, with the expectation that drilling could commence during the second half of April.

Late last year, Antipa entered into an agreement to acquire the Mark Creasy controlled company Kitchener Resources in the Paterson Province, Western Australia.

Kitchener Resources holds 15 exploration licences covering 3367 square kilometres, largely adjacent to the existing mineral tenements and applications held by Antipa, and include substantial ground near the world class Telfer Gold-Copper Mine.

The consideration for the acquisition of Kitchener Resources is a 1% net smelter royalty over Kitchener Resources’ tenements, and the issue of 10 million shares in Antipa at an issue price of $0.055.

Mark Creasy, through Yandal Investments, thus becomes a 5.1% substantial shareholder in Antipa; a ringing endorsement of Antipa by one of Australia's most successful prospectors.

This development positions Antipa as the dominant landholder in the prospective Paterson Province with 6300 square kilometres around the Telfer Dome.

Capped at under $5 million, with large targets and near term drilling, Antipa could be one to watch over the next few months.

 

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Wed, 26 Mar 2014 16:00:00 +1100 https://www.proactiveinvestors.com.au/companies/news/131987/antipa-minerals-expands-calibre-and-corker-gold-copper-target-areas-western-australia-53918.html
<![CDATA[News - Antipa Minerals banks $1.56 million tax incentive cash rebate ]]> https://www.proactiveinvestors.com.au/companies/news/131986/antipa-minerals-banks-156-million-tax-incentive-cash-rebate-53576.html Antipa Minerals (ASX:AZY) has received a Research and Development Tax Incentive cash rebate from the Australian Tax Office of $1.56 million.

These funds boost Antipa's reserves to over $2.2 million; quite significant relevant to its current market valuation of $4 million.

Antipa's flagship asset is the 1,595 square kilometre Citadel project, which hosts an 800 metre long, 600 metre wide, 600 metre deep magnetic and electromagnetic conductivity anomaly known as Calibre in the Paterson province, Western Australia.

The Calibre Deposit holds an Inferred Resource of 48.4 million tonnes for 1.59 million gold equivalent ounces at 1.02 g/t, with mineralisation remaining open in all directions.

Only 15 to 25% of Calibre's mineralised body has been drill tested so far, with previous gold-silver-copper-tungsten intercepts up to 225 metres thick.

The company is currently seeking an appropriate joint venture partner to assist with further exploration of Citadel, including the Calibre deposit.

Interestingly, Mark Creasy is a 5.1% substantial shareholder after he acquired 10 million Antipa shares in return for one of his mining investments, Kitchener Resources, which was then merged with Antipa.

 

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Tue, 11 Mar 2014 10:20:00 +1100 https://www.proactiveinvestors.com.au/companies/news/131986/antipa-minerals-banks-156-million-tax-incentive-cash-rebate-53576.html
<![CDATA[News - Antipa Minerals to acquire Mark Creasy's Kitchener Resources, doubles Paterson Province exposure ]]> https://www.proactiveinvestors.com.au/companies/news/131985/antipa-minerals-to-acquire-mark-creasys-kitchener-resources-doubles-paterson-province-exposure-47483.html Antipa Minerals (ASX:AZY) shares will rocket on the news that it has entered into an agreement to acquire the Mark Creasy controlled company, Kitchener Resources, in the Paterson Province, Pilbara region, Western Australia.

Kitchener Resources holds 15 exploration licences covering 3367 square kilometres, largely adjacent to the existing mineral tenements and applications held by Antipa, and include substantial ground near the world class Telfer Gold-Copper Mine.

The consideration for the acquisition of Kitchener Resources is a 1% net smelter royalty over Kitchener Resources’ tenements, and the issue of 10 million shares in Antipa at an issue price of $0.055.

Mark Creasy, through Yandal Investments, thus becomes a 5.1% substantial shareholder in Antipa; a ringing endorsement of Antipa by one of Australia's most successful prospectors.

This development positions Antipa as the dominant landholder in the highly prospective Paterson Province with 6300 square kilometres in a highly prospective area around the Telfer Dome.

 

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Tue, 03 Sep 2013 11:00:00 +1000 https://www.proactiveinvestors.com.au/companies/news/131985/antipa-minerals-to-acquire-mark-creasys-kitchener-resources-doubles-paterson-province-exposure-47483.html
<![CDATA[News - Antipa Minerals has an acquisition on the table ]]> https://www.proactiveinvestors.com.au/companies/news/131984/antipa-minerals-has-an-acquisition-on-the-table-47426.html Antipa Minerals (ASX: AZY) is preparing to reveal an acquisition, with the company shares placed in pre-open following the granting on an ASX trading halt.

No further details have yet been announced by Antipa. Currently the company owns a 1,714 square kilometre package of prospective tenements in the Proterozoic Paterson Province of Western Australia known as the Citadel Project.

Antipa recently raised $2 million through a fully subscribed placement to sophisticated and professional investors.

The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Wednesday 4th September 2013.

 

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Mon, 02 Sep 2013 11:10:00 +1000 https://www.proactiveinvestors.com.au/companies/news/131984/antipa-minerals-has-an-acquisition-on-the-table-47426.html
<![CDATA[News - Antipa Minerals restarts drilling for copper-gold at Citadel Project in WA ]]> https://www.proactiveinvestors.com.au/companies/news/131983/antipa-minerals-restarts-drilling-for-copper-gold-at-citadel-project-in-wa-44918.html Antipa Minerals (ASX:AZY) has re-commenced Phase 2 drilling at the Citadel project in Western Australia, to test the resource potential of its recently discovered Calibre gold-copper-silver-tungsten deposit.

The first target under the latest Phase 2 program is to the yet to be tested Conductor 4 downhole EM conductivity anomaly, which is 3 to 4 times more conductive than previously identified EM targets.

The company believes this could be potentially due to an increase in sulphides and grade.

The drilling will also attempt to locate the western edge of the Calibre mineralisation.

An extension to the drill coverage at Calibre to a strike extent of 400 metres is also planned and the drilling will also test the potential for further increases in grade of the shallow mineralisation seen on the northern side of the prospect.

The Phase 2 drilling is likely to continue for about 6-8 weeks and involve a total of 2,500 metres of diamond drilling.

Antipa's Citadel project covers 1,714 square kilometres of prospective tenements and is located about 100 kilometres north of Newcrest Mining's Telfer gold-copper mine.

The project also includes the gold and copper Magnum deposit, where a maiden resource of 415,000 ounce gold, 641,000 ounce silver and 77,000 tonnes of copper was defined last year.

It has also made priority application for an additional 1,330  square kilometres of exploration licences called the North Telfer project, the granting of which would bring its tenements just 20 kilometres of Newcrest's Telfer project.


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Thu, 27 Jun 2013 10:30:00 +1000 https://www.proactiveinvestors.com.au/companies/news/131983/antipa-minerals-restarts-drilling-for-copper-gold-at-citadel-project-in-wa-44918.html
<![CDATA[News - Antipa Minerals readies for new drilling at the Citadel project ]]> https://www.proactiveinvestors.com.au/companies/news/131982/antipa-minerals-readies-for-new-drilling-at-the-citadel-project-43568.html Antipa Minerals (ASX: AZY) will target precious and base metals in a new Phase 2 diamond drilling program at the Citadel Project in Western Australia, which will cover around 4000 metres.

The drill will start spinning towards the end of June, with the program expected to take around two-and-a-half months. Geophysical surveys will also include DHEM surveying of all Phase 2 drillholes.

Exploration will be focused on the recently discovered Calibre gold-copper-silver deposit. Calibre is a +800m long bulls-eye magnetic and co-incident electromagnetic conductivity anomaly

Previous exploration by Antipa at Calibre is limited, with the company completing a total of six diamond drillholes which only tested a fraction of the magnetic anomaly, which delivered 255 to 450 metre intersections of semi-continuous precious and base metal sulphide mineralisation.

The company had around $1.9 million in cash at the end of March 2013.

 

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Wed, 22 May 2013 09:40:00 +1000 https://www.proactiveinvestors.com.au/companies/news/131982/antipa-minerals-readies-for-new-drilling-at-the-citadel-project-43568.html
<![CDATA[News - Antipa Minerals raises funds for gold copper drilling in WA ]]> https://www.proactiveinvestors.com.au/companies/news/131981/antipa-minerals-raises-funds-for-gold-copper-drilling-in-wa-42991.html Antipa Minerals (ASX: AZY) has raised $1.52 million from a fully-subscribed placement to sophisticated and professional investors, with the company also launching a Share Purchase Plan - which could help increase capital raised to around $3 million.

Funds will be allocated to fund exploration of the company’s wholly-owned Citadel gold copper project in Western Australia, with a specific focus on extensional drilling of the Calibre Discovery.

Recent results include: 85.75 metres at 0.71g/t gold, 0.20% copper, 0.72g/t silver and 0.03% tungsten for a gold equivalent grade of 1.18g/t, or a copper equivalent grade of 0.78% from 315 metres.

The placement will comprise 23.4 million shares at $0.065 per share with a 1 for 3 attaching option with an exercise price of $0.08 and an expiry date of 31 December 2014.

The Share Purchase Plan will be priced the same as the placement, and has the potential to raise up to $1.2 million, with further $275,000 to directors - subject to shareholder approval. Both of these would have the same option entitlements as the placement.


The Citadel Project

The project covers over 1700 square kilometres in the Proterozoic Paterson Province of Western Australia, and is situated around 100 kilometres north of Newcrest’s Telfer gold-copper mine and includes the drill defined gold and copper mineralisation known as the Magnum Deposit.

The Company has applied for an additional 1,330 square kilometres of exploration licences, known as the North Telfer Project, which, on grant, will extend its ground holding in the Paterson Province to within 20 kilometres of Telfer.

 

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Wed, 08 May 2013 11:20:00 +1000 https://www.proactiveinvestors.com.au/companies/news/131981/antipa-minerals-raises-funds-for-gold-copper-drilling-in-wa-42991.html
<![CDATA[News - Antipa Minerals strikes thrice at Calibre gold-copper prospect ]]> https://www.proactiveinvestors.com.au/companies/news/131980/-antipa-minerals-strikes-thrice-at-calibre-gold-copper-prospect-40491.html Antipa Minerals (ASX:AZY) has confirmed gold-copper mineralisation at Calibre prospect following the drilling of the third diamond hole at the Citadel project in Western Australia, which returned about 380 metres of unbroken mineralisation.

The Calibre mineralisation, after three diamond drill holes, is now confirmed across 160 metres of strike, down to a vertical depth below surface of over 420 metres and across a horizontal width of 280 metres, and open in all directions.

The second drill hole returned intersections including 75.70 metres at 0.73 grams per tonne gold, 0.42% copper, 1.35 g/t silver and 0.04% tungsten for a gold equivalent grade of 1.59 g/t or a copper equivalent grade of 1.05%.

The third diamond drillhole, which is the first to be completed as part of Phase 1, 2013 Calibre exploration programme, targeted the region beneath the second drillhole of stronger magnetic response which also hosts several downhole electromagnetic (DHEM) conductivity anomalies identified from the DHEM survey.

The three completed drillholes are located at the central but upper extremities of the very large Calibre magnetic anomaly, identified as approximately 800 metres long by 600 metres wide by 350 metres thick, using aeromagnetics.

Interpretation of the available geological and geophysical information and the limited drilling to date suggests that the amount of sulphide mineralisation may increase as drilling moves across the stronger magnetic and DHEM conductivity anomalies identified to date.

Over a geologically comparable 226 metre interval, grades for gold, copper, silver and tungsten increased by factors of 2.4, 3.0, 2.8 and 1.5 respectively from drillholes 12AMD0029 to 12AMD0032.

The continuity of mineralisation over extremely significant thicknesses also confirms the sheer size of the mineralised system. The three drillholes completed to date returned semi-continuous copper-gold-silver±tungsten mineralisation over 280 to 380 metre downhole.

The fourth drillhole in progress, at 111metres, which has intersected significant primary copper and gold (based on bismuth) mineralisation also supports the large scale of mineralisation at Calibre.

The Company’s Phase 1 exploration programme is continuing, with diamond drilling ongoing involving the utilisation of one drill rig to drill up to 2,000m of diamond drilling, which is expected to continue for approximately four to five weeks in total.

Additional geophysical surveys, including a high resolution, deep penetrating fixed-loop surface electromagnetic (FLEM) survey, at Calibre are planned be carried out over the next several weeks.

Antipa's Citadel project covers 1,714 square kilometres of prospective tenements and is located about 100 kilometres north of Newcrest Mining's Telfer gold-copper mine.

The project also includes the gold and copper Magnum deposit, where a maiden resource of 415,000 ounce gold, 641,000 ounce silver and 77,000 tonnes of copper was defined last year.

It has also made priority application for an additional 1,330  square kilometres of exploration licences called the North Telfer project, the granting of which would bring its tenements just 20 kilometres of Newcrest's Telfer project.

The company had a cash balance of $2.28 million at the end of last quarter.



Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Thu, 07 Mar 2013 09:50:00 +1100 https://www.proactiveinvestors.com.au/companies/news/131980/-antipa-minerals-strikes-thrice-at-calibre-gold-copper-prospect-40491.html
<![CDATA[News - Antipa Minerals identifies magnetic conductors; first drillhole underway at Citadel ]]> https://www.proactiveinvestors.com.au/companies/news/131979/-antipa-minerals-identifies-magnetic-conductors-first-drillhole-underway-at-citadel-39972.html Antipa Minerals (ASX:AZY) has identified three conductors following downhole electromagnetic survey as part of Phase I exploration, focusing on the recently discovered Calibre gold-copper-silver deposit at its Citadel project in Western Australia.

GEM GEM Geophysics downhole electromagnetic (DHEM) survey of Calibre drillhole 12AMD0032 identified three electromagnetic conductors situated within the stronger magnetic anomaly.

Two of the three conductors, combined, are compatible with the DHEM conductor modeling from 12AMD0029. The third conductor is interpreted as being intersected by 12ADM0032 within 15 metres of the end of the drillhole.

The survey confirms that the 12AMD00032 just clipped the upper southeast edge of the conductive zone, with the survey defining the potential location of several, more strongly mineralised sulphide zones within the very broade Calibre gold-copper-silver-tungsten mineralisation.

The three conductors have been modeled by Antipa's independent geophysical consultants, Resource Potentials Pty Ltd, as northwest striking and dipping towards the southwest, with a combined dip extent of 290 metres.

This modeled orientation is compatible with the dominant mineralised vein orientation observed in the drilling.

Antipa is also progressing the diamond according to schedule, with the first drillhole 13AMD0033, collar located approximately 97 metres west of 12ADM0032.

The testing the zone of coincident DHEM conductivity and stronger magnetic anomalism is due to be completed through the course of this week or next.

One drill rig will be utilised to drill up to 2,000 metres of diamond drilling and is expected to continue for approximately one month.

Additional geophysical surveys, including a high resolution, deep penetrating fixed-loop surface electromagnetic (FLEM) survey, are planned to be conducted at Calibre over the next few weeks.

Antipa's Citadel project covers 1,714 square kilometres of prospective tenements and is located about 100 kilometres north of Newcrest Mining's Telfer gold-copper mine.

The project also includes the gold and copper Magnum deposit, where a maiden resource of 415,000 ounce gold, 641,000 ounce silver and 77,000 tonnes of copper was defined last year.

It has also made priority application for an additional 1,330  square kilometres of exploration licences called the North Telfer project, the granting of which would bring its tenements just 20 kilometres of Newcrest's Telfer project.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Mon, 25 Feb 2013 09:40:00 +1100 https://www.proactiveinvestors.com.au/companies/news/131979/-antipa-minerals-identifies-magnetic-conductors-first-drillhole-underway-at-citadel-39972.html
<![CDATA[News - Antipa Minerals starts diamond drilling at Citadel project ]]> https://www.proactiveinvestors.com.au/companies/news/131978/antipa-minerals-starts-diamond-drilling-at-citadel-project-39846.html Antipa Minerals (ASX:AZY) has started diamond drilling at its Citadel Project, which will focus on the significant exploration potential of its recently discoverd Calibre gold-copper-silver deposit.

As part of the Phase 1 exploration, the diamond drillhole is designed to test the downhole electromagnetic (DHEM) conductivity anomaly identified from the DHEM survey that was done last year on the Calibre discovery.

The drillhole also aims to step closer to the centre of the large Calibre magnetic anomaly.

The second drillhole in Phase 1 is aimed to test the centre of the Calibre magnetic anomaly to investigate the increasing amount and grade of mineralisation found last year.

The drilling programme is expected to continue for approximately one month and consist of up to 2,000 metres of diamond drilling.

The location of further drilling will be determined upon review of the results of both the geophysics programme and initial drilling.

GEM Geophysics Pty Ltd have completed a DHEM survey of the second Calibre drillhole drilled last year and the interpreted results are expected to be available by early next week.

Additional geophysical surveys, including fixed-loop surface electromagnetic and ground magnetic surveys, at Calibre are on schedule and planned be carried out over the next several weeks.

Antipa's Citadel project covers 1,714 square kilometres of prospective tenements and is located about 100 kilometres north of Newcrest Mining's Telfer gold-copper mine.

The project also includes the gold and copper Magnum deposit, where a maiden resource of 415,000 ounce gold, 641,000 ounce silver and 77,000 tonnes of copper was defined last year.

It has also made priority application for an additional 1,330  square kilometres of exploration licences called the North Telfer project, the granting of which would bring its tenements just 20 kilometres of Newcrest's Telfer project.


Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China

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Thu, 21 Feb 2013 10:10:00 +1100 https://www.proactiveinvestors.com.au/companies/news/131978/antipa-minerals-starts-diamond-drilling-at-citadel-project-39846.html
<![CDATA[News - Antipa Minerals' Citadel project exploration centres on its Calibre deposit ]]> https://www.proactiveinvestors.com.au/companies/news/131977/antipa-minerals-citadel-project-exploration-centres-on-its-calibre-deposit-39373.html Antipa Minerals (ASX:AZY) is set to focus on the recently discovered Calibre gold-copper deposit as part of Phase 1 of its 2013 exploration program at the Citadel project in Western Australia.

It plans to conduct additional electromagnetic surveys starting this month followed by further drilling at the Calibre deposit early March.

Drilling is likely to continue for about one month and one drill rig will be utilised to drill up to 2,000 metres of diamond drilling.

Initial drilling and geophysical programmes will analyse stronger magnetic and downhole electromagnetic anomalies to the north of the existing discovery drillholes with the goal to identify increased mineralisation.

The Citadel project covers 1,714 square kilometres of prospective tenements and is located about 100 kilometres north of Newcrest Mining's Telfer gold-copper mine.

The project also includes the gold and copper Magnum deposit, where a maiden resource of 415,000 ounce gold, 641,000 ounce silver and 77,000 tonnes of copper was defined last year.

It has also made priority application for an additional 1,330  square kilometres of exploration licences called the North Telfer project, the granting of which would bring its tenements just 20 kilometres of Newcrest's Telfer project.

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Mon, 11 Feb 2013 09:40:00 +1100 https://www.proactiveinvestors.com.au/companies/news/131977/antipa-minerals-citadel-project-exploration-centres-on-its-calibre-deposit-39373.html
<![CDATA[News - Antipa Minerals confirms Calibre deposit mineralisation ]]> https://www.proactiveinvestors.com.au/companies/news/131976/antipa-minerals-confirms-calibre-deposit-mineralisation-39089.html Antipa Minerals (ASX:AZY) has confirmed the prospectivity of the Calibre deposit at its Citadel project with assay results pointing to a new major new gold-copper deposit in the Paterson Province in Western Australia.

Mineral intersection included 75.7 metres at 0.73 grams per tonne gold, 0.42% copper, 1.35g/t silver and 0.04% tungsten for gold equivalent grade of 1.59g/t.

Mineralisation is likely to improve across target zone with gold grade increasing 2.4 times and copper grade increasing 3 times between the first and second drillholes.

The two diamond drillholes at its Calibre prospect delivered 270 to 350 metre intersections of semi-continuous precious and base metal sulphide mineralisation.

The grade of mineralisation also increased significantly with depth and to the north.

The two drillholes were located at the central but upper extremities of the very large Calibre magnetic anomaly about 800 metres long by 600 metres wide by 350 metres thick identified using aeromagnetics.

Antipa Minerals owns a 1,714 square kilometres proterozoic Paterson province in Western Australia called the Citadel.

The project is located about 100 kilometres north of Newcrest's Telfer project, which on grant will extend its ground holding in the Paterson province to within 20 kilometres of Telfer.


Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Mon, 04 Feb 2013 15:10:00 +1100 https://www.proactiveinvestors.com.au/companies/news/131976/antipa-minerals-confirms-calibre-deposit-mineralisation-39089.html
<![CDATA[News - Antipa Minerals hunting for precious metals in the Paterson Province of WA ]]> https://www.proactiveinvestors.com.au/companies/news/131975/antipa-minerals-hunting-for-precious-metals-in-the-paterson-province-of-wa-35193.html Antipa Minerals (ASX: AZY) has commenced a Phase 2 drilling campaign comprising up to ten holes for 3500 metres at the company's Citadel Project in the Proterozoic Paterson Province of Western Australia.

Importantly - the company is well-funded after recently completing a $3 million placement to sophisticated and professional investors, and a fully underwritten rights issue.

The new drilling will concentrate on initial diamond drilling (1 hole each) at several high priority targets located within two kilometres of Magnum and Corker.

Worth noting the Phase 1 drilling at Corker earlier this year discovered narrow high-grade precious and base metal mineralisation across 230 metres, which remain open in all directions.

The Corker mineralisation has a high dollar per tonne value (i.e. up to 20.5 g/t equivAu) such that mineralisation thicknesses in excess of several metres has the potential to be economic.

The volume of sulphides intersected by drilling to date is considered insufficient to explain the Corker electromagnetic anomalies, suggesting that thicker zones of sulphides may reasonably be expected.

Antipa has a land holding of over 1700 kilometre in the Proterozoic Paterson Province, which also hosts Newcrest Mining’s (ASX: NCM) Telfer gold-copper mine - located 100 kilometres to the north.

 

Proactive Investors is a market leader in the investment news space, providing ASX “Small and Mid-cap” company news, research reports, StockTube videos and One2One Investor Forums.

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Wed, 31 Oct 2012 09:20:00 +1100 https://www.proactiveinvestors.com.au/companies/news/131975/antipa-minerals-hunting-for-precious-metals-in-the-paterson-province-of-wa-35193.html
<![CDATA[News - Antipa Minerals to raise capital ]]> https://www.proactiveinvestors.com.au/companies/news/131974/antipa-minerals-to-raise-capital-33364.html Antipa Minerals (ASX: AZY) has been granted a trading halt and placed in pre-open today pending an announcement regarding a capital raising.

Antipa has not yet indicated where the potential new inflow of funds will be allocated, but the company has some interesting projects and is currently the largest tenement holder in the highly prospective and under-explored Paterson Province of Western Australia.

The Paterson Province hosts Newcrest Mining's (ASX: NCM) Telfer Mine, which is Australia's third largest gold producer.

The company had $2.5 million in cash at the end of the June quarter 2012.

The halt will last until the earlier of an announcement to the market, or the opening of trade on Friday 14th September.

 

Proactive Investors is a market leader in the investment news space, providing ASX “Small and Mid-cap” company news, research reports, StockTube videos and One2One Investor Forums.

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Wed, 12 Sep 2012 14:20:00 +1000 https://www.proactiveinvestors.com.au/companies/news/131974/antipa-minerals-to-raise-capital-33364.html
<![CDATA[News - Antipa Minerals granted trading halt pending announcement ]]> https://www.proactiveinvestors.com.au/companies/news/131973/antipa-minerals-granted-trading-halt-pending-announcement-19265.html Antipa Minerals (ASX: AZY) has been granted a trading halt by the ASX, with the company's shares placed in pre-open.

Antipa has not yet indicated to the market what the announcement relates to, with the pre-open status to remain until the earlier of normal trading on Wednesday 7 September 2011 or the announcement being released.


Antipa activities

Just last week the company announced that at the Citadel Project, a VTEM electromagnetic survey extended the existing Magnum Target Area, while also defining new high priority targets.

The project is located in a prospective area 100 kilometres north of Newcrest Mining’s (ASX: NCM) Telfer gold mine in Western Australia.

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Mon, 05 Sep 2011 16:10:00 +1000 https://www.proactiveinvestors.com.au/companies/news/131973/antipa-minerals-granted-trading-halt-pending-announcement-19265.html
<![CDATA[News - Antipa Minerals commences drilling targeting gold copper resource at Citadel Project ]]> https://www.proactiveinvestors.com.au/companies/news/131972/antipa-minerals-commences-drilling-targeting-gold-copper-resource-at-citadel-project-18632.html Recently listed Antipa Minerals (ASX: AZY) has begun its 2011 Citadel Project drilling program targeting high-grade gold-copper at the Magnum deposit in Western Australia.

The program will test a number of high-priority regional targets. Up to two diamond drilling rigs and one reverse-circulation (RC) drill rig will be utilised to drill between 12,000 and 15,000 metres.

On completion of first-pass delineation drilling at Magnum the company aims to deliver a maiden Mineral Resource and explore the strike and depth extensions of the deposit.

The Magnum deposit is a +2.2 kilometre long geochemical anomaly which contains high-grade primary gold-copper mineralisation. Significant historical drillhole intersections include 29.0 metres at 1.5 grams per tonne (g/t) gold and 1.6% copper from 264.0 metres.

The Citadel project 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.

Antipa Minerals was admitted to the ASX after a successful IPO offering 40 million shares at $0.20 to raise $8 million on April 20, 2011.

The company expects the campaign to continue until November 2011.

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Mon, 15 Aug 2011 08:49:00 +1000 https://www.proactiveinvestors.com.au/companies/news/131972/antipa-minerals-commences-drilling-targeting-gold-copper-resource-at-citadel-project-18632.html
<![CDATA[News - Antipa Minerals targets gold copper maiden Mineral Resource at Magnum ]]> https://www.proactiveinvestors.com.au/companies/news/131971/antipa-minerals-targets-gold-copper-maiden-mineral-resource-at-magnum-16722.html 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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Tue, 31 May 2011 11:55:00 +1000 https://www.proactiveinvestors.com.au/companies/news/131971/antipa-minerals-targets-gold-copper-maiden-mineral-resource-at-magnum-16722.html
<![CDATA[News - Antipa Minerals consolidates position as largest tenement holder in Paterson Province ]]> https://www.proactiveinvestors.com.au/companies/news/131970/antipa-minerals-consolidates-position-as-largest-tenement-holder-in-paterson-province-16656.html Antipa Minerals (ASX: AZY) has entered into a split commodity agreement with major uranium miner Paladin Energy (ASX: PDN), as well as applying for additional exploration licenses in the Paterson Province.

Antipa expects to complete the agreement with Paladin within the week, alongside continuous holding of exploration licenses over 2,967 square kilometres, and will consolidate Antipa’s current position as the largest holder of granted mining tenements in the Paterson Province.

Under the agreement, Paladin will withdraw existing exploration licence applications at the project, which have priority over Antipa’s applications, granting Paladin rights to uranium over the area and providing Antipa with exploration and production rights to all other minerals.

Antipa will also issue A$180,000 worth of shares to Paladin and the granting of a 1% net smelter return royalty paid to Paladin upon the sale of minerals excluding uranium.

In other Antipa news, the company also applied for additional exploration licenses covering 1,253 square kilometres of land adjoining Antipa’s wholly-owned Citadel Project.

The project area covered by the company’s applications run south from the southern border of Antipa’s tenements to within 20 kilometres of Newcrest’s (ASX: NCM) Telfer gold-copper mine and 25 kilometres of the O’Callaghans tungsten-base metal deposit, one of the world’s largest tungsten deposits.

Antipa expects the granting of the applications following negotiations with relevant stakeholders including native title parties. 

Highlighting the potential of the area, the new applications surround Newcrest’s satellite gold deposits, as well as associated Mineral Resources (ASX: MIN) located at Minyari Hills and WACA.

 

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Fri, 27 May 2011 16:51:00 +1000 https://www.proactiveinvestors.com.au/companies/news/131970/antipa-minerals-consolidates-position-as-largest-tenement-holder-in-paterson-province-16656.html
<![CDATA[News - Antipa Minerals targets base and precious metals after IPO, hits ASX at 1pm today ]]> https://www.proactiveinvestors.com.au/companies/news/131969/antipa-minerals-targets-base-and-precious-metals-after-ipo-hits-asx-at-1pm-today-15653.html Antipa Minerals (ASX: AZY) has been admitted to the ASX after a successful IPO offering 40 million shares at $0.20 to raise $8 million.

Antipa will begin trading today at 1:00pm EST, Wednesday 20 April 2011, with 50.2 million shares outstanding.

The new inflow of funds will help Antipa target gold, copper, uranium and tungsten at the Citadel Project, which covers an area of 1,700 square kilometres.

The Magnum Deposit within the project contains high grade gold copper mineralisation discovered by limited wide space drilling, providing an opportunity to estimate a maiden mineral resource.

Most importantly, mining giant Newcrest Mining’s (ASX: NCM) Telfer Gold Copper Mine, Australia’s third largest gold producer behind the Kalgoorlie Super Pit and Boddington Gold Mine, operates within 150 kilometres of Citadel.

Citadel is located in the Paterson Province 400 kilometres east of Port Hedland and 1,300 kilometres north-northeast of Perth.

 

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Wed, 20 Apr 2011 10:49:00 +1000 https://www.proactiveinvestors.com.au/companies/news/131969/antipa-minerals-targets-base-and-precious-metals-after-ipo-hits-asx-at-1pm-today-15653.html