Antipa Minerals Ltd (ASX:AZY) has discovered new zones of high-grade gold mineralisation close to surface at its Minyari Gold Project in Western Australia, following drilling work at its GEO-01 prospect.

The company has been progressing a Phase 2 program of reverse circulation (RC) drilling over the prospect, and with only 12 holes drilled so far, multiple intercepts in the southern section show high-grade gold in at shallow depths.

These include 23 metres at 2.8 grams per tonne (g/t) gold from 77 metres down hole in one hole, including: 8 metres at 7.7 g/t gold from 88 metres down hole, also including: 3 metres at 18.2 g/t gold from 90 metres.

In one depth-extended drill hole, mineralisation included 32 metres at 2.4 g/t gold and 0.06% copper from 140 metres down hole.

Managing director Roger Mason said he was pleased with the results, which pointed to Minyari’s continuing prospectivity.

“The ongoing growth potential of the GEO-01 satellite resource is again evidenced by these results, as we continue to discover new zones of shallow, high-grade gold mineralisation across the broader prospect area,” he said.

“We look forward to a pipeline of assay results over coming months as the Phase 2 drilling programme advances towards its targeted conclusion in late November.”

Antipa has been trading at 2.4 cents.

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