21 May 2025
ProActive Investors - Antipa grows Minyari resource to 2.5 million ounces of gold, confirms standalone project potential
By Susanna Nelson
Antipa Minerals Ltd has boosted the mineral resource estimate (MRE) for its 100%-owned Minyari Project in WA’s Paterson Province, lifting contained gold by 100,000 ounces to 2.5 million ounces.
Not just gold
The upgraded MRE also includes 84,000 tonnes of copper, 666,000 ounces of silver, and 13,000 tonnes of cobalt, which boosts the project's standalone development case considerably.
The revised MRE now totals 53 million tonnes at 1.48 g/t gold, 0.18% copper, 0.43 g/t silver and 0.02% cobalt, equivalent to 3.0 million ounces gold equivalent (AuEq) at 1.94 g/t AuEq.
The company is buoyed by the fact that 66% of the resource falls within the indicated category, which provides a strong basis for further technical studies.
“This latest update lifts the Minyari mineral resource to 3 million ounces gold equivalent, inclusive of 2.5 million ounces of contained gold, further demonstrating the Project’s significant scale potential across the tenure, with many of these deposit areas remaining open in multiple directions,” managing director Roger Mason said.
“Our broad, two-phase 2025 calendar year drilling program targets substantial growth opportunities across the existing resource base and from new discovery zones with maiden resource potential.
Proximity to big operations
“Minyari’s development potential cannot be understated. It’s strategic proximity to Greatland Gold Plc’s Telfer gold-copper-silver operation and the Havieron development offers a clear analogue for what a future production scenario could look like.
“With a strong balance sheet and a clear technical advancement plan, Antipa is very well positioned to drive the project towards development.”
The update incorporates new drilling results from 2024 and captures growth across the GEO-01, Minyari South, Tim’s Dome and Chicken Ranch deposits.
GEO-01 and Minyari South recorded 20% and 41% increases in contained gold, respectively. Tim’s Dome rose 37% to 100,000 ounces, while Chicken Ranch added 10,000 ounces.
The Minyari Dome hosts the bulk of the resource, with the Minyari, WACA and GEO-01 deposits accounting for 90% of the contained gold.
These deposits begin at surface and remain open in multiple directions, supporting both open pit and underground mining potential.
Antipa has also regained full ownership of the Chicken Ranch and Tim’s Dome deposits following the March 2025 Wilki Project consolidation and is evaluating their potential as near-term production sources, given their proximity to the 22 million tonnes per annum Telfer processing facility.
The company remains well funded to progress its two-phase 2025 drill program, aimed at further resource growth and advancing the project toward a future development decision.
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