Antipa Minerals Ltd (ASX:AZY) executive chairman Stephen Power tells Proactive Investors that seven years focused on the Paterson Province of Western Australia have given the explorer "first mover advantages." The neighbourhood is attracting increased attention on the back of rumours of a major discovery by Rio Tinto Exploration (ASX:RIO).
Antipa has a farm in and joint venture agreement with Rio Tinto on its Citadel Project. It solely holds exploration licenses on between five and five and a half thousand square kilometres of land notable for its shallow cover.
This year the company has conducted reverse circulation (RC) and aircore drilling, a Gradient Array Induced Polarisation (GAIP) survey, and also an aerial electromagnetic (AEM) survey that has identified eleven high priority targets for drilling next year.