AZY 8.00% 2.7¢ antipa minerals limited

Ann: Expanded Phase 2 CY2023 Drilling Programme at Minyari Dome, page-15

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  1. 1,759 Posts.
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    "Does anyone know if there is a higher success rate for WA goverment co-funded exploration drilling compared to drilling that recieved no such funding?"


    Here are 2 examples, of 2 of Australia's biggest discoveries in recent times. DeGrey Mining & Azure Minerals, both successful within a few months, & within 12 months of being granted WA government funding for exploration drilling.

    But in a twist of fate, of the most fortunate kind, both companies were actually drilling for different minerals that they were granted funding for.


    https://hotcopper.com.au/data/attachments/5569/5569330-1d1ec8b8229a42baef3f855fb5048eaa.jpg


    https://hotcopper.com.au/data/attachments/5569/5569332-640038b3fa998645a6b335f8271050cb.jpg


    Azure Minerals was granted gov. funding for NICKEL-COPPER-COBALT exploration drilling at their Andover prospect. But ended up discovering potentially Australia's biggest lithium find!



    https://hotcopper.com.au/data/attachments/5569/5569334-bbb3b2a646cb3432b5c1c9eb8d2089ad.jpg

    DeGrey Mining received a gov. grant for LITHIUM exploration drilling, but instead found one of Australia's biggest gold discoveries!

    I reckon it's WA government's best and most profitable investments to fund exploration for companies like Antipa Minerals.


    Last edited by Shines2: 07/09/23
 
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