AZY 11.8% 1.9¢ antipa minerals limited

Ann: Chicken Ranch and Tims Dome Maiden Mineral Resources, page-16

  1. 103 Posts.
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    Thanks for the info about Encounter. I had a quick look at their last quarterly report. IMO the Paterson-gold exploration looks prospective but it looks very early days. Even if successful, it will take 6-9 months to get to a meaningful resource and 3-6 months to get to mineable reserves. The big question is, if successful! However, Antipa has a resource now, albeit not large, but could be used to blend with Telfer ore to improve plant feed grade and lower cash costs for a couple of years. This approach doesn't rule out their JV with Encounter.
 
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