AZY 0.00% 1.1¢ antipa minerals limited

Ann: Newcrest to Operate Next Stage of Wilki Project Farm-in, page-9

  1. 471 Posts.
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    Well i don't think anybody could be surprised by that news, but great news it is.

    NCM, can now run about as hard as they like, and boy oh boy do they want to do that.

    $10m over 3 years , nah, reckon they will have spend that in half that time.

    Then they have 51% and really know the potential of getting fast ore to Telfer, which they desperately need.

    Hope we get filled in on all the detail in the 2022 program and the actual budget to give a true idea how fast they are going to go at it.

    AZY will know that in due course as per the original agreement on 28.02.20

    "Newcrest may assume management of the operations during this Stage 1 and will
    determine the programmes and budgets in consultation with a technical committee
    including representatives of Newcrest and Antipa."


    Can't wait for further drilling details on "Tetris"

    Diamond core testing of Havieron look-alike partially co-incident magnetic and gravity target Tetris 40km northeast from Minyari WACA deposits (to be co-funded by government EIS grant of A$190,000)

    To get Gov Co - Funding they must have some pretty detailed information on the target and really like what they see.
    Not that NCM need that funding, but it does go to show how prospective that target does look from the information they have in hand.

    This year is going to be a great field season on our ground, its going to get so so so crAZY.



 
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