In the Media

The Australian - Resources Top 5: Antipa Minerals

By John Miller

Your standout small cap resources stocks for Wednesday, April 9, 2025.

Antipa Minerals (ASX:AZY)

 Antipa has climbed 7% to 41.7c on reclaiming full control of the 1520km² Paterson project which fully surrounds its 2.3Moz Minyari Dome in WA’s red hot Paterson region.

This follows IGO’s decision to pull out of a farm-in agreement that it had entered into with the company in July 2020.

While the decision precludes further investment from the larger miner, Antipa Minerals (ASX: AZY) is taking it as an opportunity to consolidate its holdings in the Paterson into a hefty 4060km2 package.

The company will also benefit from the $15m worth of investment that IGO had put into copper-focused exploration in the project.

“Antipa’s foresight in recognising the regional opportunity within the Paterson, combined with our early-mover actions, has delivered a significant advantage that is beginning to reveal itself,” managing director Roger Mason said.

“The full retention of this project is a fantastic result for Antipa, delivering a twofold benefit: first, the tenement package completely surrounds our flagship Minyari Dome Project, further enhancing any future standalone development and second, while exploration has been focused on copper discoveries several years, we have long recognised multiple gold-dominant opportunities on this ground which we are excited to now be able to properly interrogate.”

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