Antipa Minerals Limited (AU:AZY) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Antipa Minerals Limited has announced a substantial 19% increase in the Inferred Mineral Resource estimate for their Calibre deposit, now totaling 2.5 million ounces of gold, alongside notable quantities of copper and silver. The deposit, part of a joint venture with Rio Tinto and located in the resource-rich Paterson Province of Western Australia, shows potential for a large-scale open-pit mining operation due to its scale and metallurgical characteristics. The Calibre deposit, along with the nearby Magnum deposit, underscores Antipa’s strategy to boost their resources and explore production opportunities in the near future.
For further insights into AU:AZY stock, check out TipRanks’ Stock Analysis page.