AZY 0.00% 2.6¢ antipa minerals limited

Article from the West Australian "Herd On the Terrace" column...

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    Article from the West Australian "Herd On the Terrace" column today.

    https://hotcopper.com.au/attachments/azy-winu-west-aust-jpg.1392638/?temp_hash=20c7bbb4c370e10b9bee7da477411180

    12 diamond holes for 6664m is an average of ~555m each.  Barry Fitzgerald's comment about 140m of mineralisation below cover means 200m holes minimum.  So 500+ average or a range from 200-1000m is wide open for speculation.


    18 RC holes for 3270m gives an average of ~182m.  Some may be pre-collars.


    All up 10000m reported to a statutory date - not mentioned but more drilling could have been done since then.


    ===============================


    I have been looking at past AZY posts with a view to posting something about exploration at Calibre.  The 21/12/2017 AZY announcement caught my eye in view of the spotlight shone on what has become Winu.  

    The title of the Announcement was Antipa consolidates Paterson Province position (by 1091 sq kms).

    I wondered about the dates of this consolidation and what it might mean relative to the Winu discovery.

    The vast majority of the applications were made by AZY between 19-21 December 2017 or some 12 days post the Rio credit card funded staking spree of 7 December.

    The dates on this image are the start, or application, date given for tenements in Geoview which is one of the WA Dept of Mines tenement sites.  Tenements are prefixed with E45/####  eg #5078

    https://hotcopper.com.au/data/attachments/1384/1384889-96bc52d56290175c2058c47cd6186421.jpg

    Most of the staking may have been a response to Rio's massive increase rather than any hint something had been discovered. Most likely a combination.

    AZY's activities in 2018 IMO reflect increasing knowledge of the Winu discovery even if they didn't know any nitty gritty details.  Perhaps it generated the confidence to raise significant funds which may not have otherwise been sought.  Regional AEM coverage - Winu an AEM anomaly turned good -- apparently.

    As the prosecutor I would probably lose the case in court because the evidence is too circumstantial.  Fun for the weekend anyway


    Final image for now.....AEM added onto something posted during the week - approximate photo shopped scaled location.

    https://hotcopper.com.au/data/attachments/1384/1384923-7f048fca4a04cd594e9ecb8775565d2f.jpg

    Last edited by salpetie: 15/12/18
 
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