Antipa Minerals and partner Rio Tinto increase Calibre gold resource 62% to 2.1 million ounces
As well as the gold, Calibre's inferred estimate update includes 103,700 tonnes of copper and 1.3 million ounces of silver.
Further extensional drilling is planned, supported by a JV 2021 exploration budget of $24.5 million.
Antipa Minerals Ltd (ASX:AZY) and partner Rio Tinto Exploration Pty Limited (ASX:RIO) have increased the resource estimate of the Calibre deposit in Western Australia's Paterson Province by 62% to 2.1 million ounces of gold.
The updated inferred estimate incorporates the results of drilling completed in 2020 and totals 92 million tonnes at 0.92 g/t gold‐equivalent (0.72 g/t gold, 0.11% copper and 0.46 g/t silver) containing 2.7 million gold‐equivalent ounces (2.1 million ounces of gold, 103,700 tonnes of copper and 1.3 million ounces of silver).