AZY 0.00% 1.2¢ antipa minerals limited

Well this was what Antipa said about the Citadel JV in their 13...

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    Well this was what Antipa said about the Citadel JV in their 13 April 2024 RIU Conference presentation:

    https://hotcopper.com.au/data/attachments/6108/6108769-ad2fd178674f22f9990180d2eb612001.jpg



    So, whilst Antipa refer to the Citadel JV as 'pursuing greenfield targets', it could well be that the Calibre/Magnum gold-copper-silver resource that lies within that JV project has now been reclassified as 'future ore supply to Rio Tinto's planned copper-gold-silver processing facility', and that further exploration of that resource has effectively ceased for the time being.

    In which case the rest of the Citadel JV would now be a purely greenfield exploration project, but of too early a stage, and for teh past year of too insignificant a budget to rate a mention by name, as suggested by the comments in the most recent update, on 28 March:




    https://hotcopper.com.au/data/attachments/6108/6108795-7dd083a6b7af6dc3076a6a1fe6aab937.jpg


    Note that the last year's very small budget, of just $2.1M will not be full spent until 28 April 2024 (11 days time).

    And that the new budget and work program, for 2024/25, will then be announced and work on that will then commence.

    (So Antipa's Q1 2024 Quarterly Report, which is due out Tuesday 30 April, will probably have more to say about this)

 
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