AZY antipa minerals limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-6

  1. 3,410 Posts.
    lightbulb Created with Sketch. 9754
    Skimmed through Qtly and nothing really new stood out. Seems the view of some others.

    One mob I hold shares in routinely put out their Qtly a day or so late. May have been wrapped over the knuckles by the ASX for doing so as now surprisingly early. I do find it interesting to see the range of dates for Qtly reports - some before mid month and others like he current AZY beginning to push the deadline.and incurring the ''wrath" of some punters.

    Clear skies for yesterday's sentinel pass showing activity at both Minyari and Parklands - don't expect anything elsewhere in the 5K sq Kms of ground and didn't check but who knows when and where the next preparation will begin. Serrano area would be my first thought after Minyari, with Jezabeel after Parklands.

    Parklands to 29/4
    https://hotcopper.com.au/data/attachments/6970/6970889-7d23b68eda59c22370d2bab1f47ce3fe.jpg

    Latest AZY sites in yellow Access lines update in NW. All is schematic using locations of planned drilling assumed as close enough to be accurate (being lazy) Green dots are planned RC sites not yet prepared - interp anyway. Left off the AC sites planned to remove clutter.
    Only one site appears different to plans with two close spaced holes in NW. Probably technical issues with drilling but around 60m of separation measured on sentinel wouldn't support that. The site 60m NNE HAS been drilled so hopefully a positive sign visuals/PXRF were positive in that hole.

    Drilling? I can't pick which sites have been visited now with any level of certainty. IMO the vast majority have been drilled but that's a guess. Assuming drilling began on the 15th and production is 3 holes every two days for all the 30 interpreted sites to be drilled is a bit of an ask, but a majority could have been.

    GGP appear to have drilled the NW area with red circles representing work done recently. Their SE area has the same characteristics as AZY's and I cannot pick if there has been drilling done.

    Source timelapse - false colour.
    https://hotcopper.com.au/data/attachments/6970/6970925-11125e89b3e0178746c137566b946d4f.jpg


    =============================================
    Minyari and Geo 1
    A diamond rig may be onsite and drilling its first hole (red triangle) - interp at Minyari.

    Only the NE diamond site seems to need preparation though this may have happened.
    Detail time lapse of northern Minyari DD area.
    https://hotcopper.com.au/data/attachments/6971/6971003-9a4040e2ef93d1e85014320766393b80.jpg

    GE interp for Minyari:

    https://hotcopper.com.au/data/attachments/6971/6971005-87d5821f90566776e923c45b635d6f13.jpg
    Recent site prep in yellow. Possible DD work red.
    Large area cleared N of camp. Core storage?

    Overall false colour time lapse of Minyari

    https://hotcopper.com.au/data/attachments/6971/6971032-d42d9cc0312c7884577ce09123096496.jpg

    Geo1
    Bit more difficult to sort out activity here.
    One effort

    https://hotcopper.com.au/data/attachments/6971/6971044-447567eaceb9c96e5720639eb844807d.jpg

    Interp on GE

    https://hotcopper.com.au/data/attachments/6971/6971062-820b93078f0980b42f34e603b560b244.jpg

    Google Earth data Dump to show the possibility a lot of the planned sites small yellow dots) may be from old drill pads. Not all.
    https://hotcopper.com.au/data/attachments/6971/6971106-0510b98292b27b9cbe405156533e193e.jpg

    The GP04 target (4 holes in NE) is along the axis of folding.
    Few trend lines, in black, to highlight folding here.

    https://hotcopper.com.au/data/attachments/6971/6971122-91afac030f918ed8b395a681c19d7d02.jpg



    A lot of interpretation and guess work so DYOR.

 
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