..and as Sipa Resources have noted regarding their Ming Project ...The project adjoins Antipa Minerals’ (ASX – AZY) Citadel project containing the Magnum and Calibre gold and copper deposits containing 1.2 million ounces of gold and 139,000 tonnes of copper (AZY ASX Announcement dated 23 February 2015). In October 2015 Rio signed an agreement with Antipa Minerals to spend up to $A60m to earn a 75% interest in the Citadel project.
Recent intersections such as 23m @ 3g/t Au and 0.33% Cu and 63m @ 2.2g/t Au and 0.19% Cu (AZY ASX Announcement dated 16 December 2015) from Calibre have been returned since Rio farmed in to the property. These recent results are of a higher grade and width than previously announced intersections and will improve the potential of the Cailbre and adjoining Magnum deposits. The new results and the substantial investment by Rio into Antipa Minerals’ land holding, have reignited interest in this region which is underexplored
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..and as Sipa Resources have noted regarding their Ming Project...
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