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ProActive Investors - Antipa Minerals uncovers significant new gold-copper discovery at Minyari Dome

By Lisa Uhlman

Antipa Minerals Ltd (ASX: AZY) has announced a promising new discovery at its 100%-owned Minyari Dome Gold-Copper Project, located in the highly prospective Paterson Province of Western Australia. The discovery, made during the company's ongoing Phase 1 drilling program, highlights the significant potential of the region, as Antipa continues to unlock new mineralisation zones.

The latest batch of assay results, derived from the first 66 holes of the Phase 1 program, confirms a major new discovery south of Fiama and Rizzo, as well as extending known mineralisation at the GEO-01 Deposit.

These results, which represent just 29% of the planned drilling program, validate Antipa’s dual-track strategy to both grow its Minyari Dome resource and identify new opportunities across its extensive 4,100-square-kilometre landholding.

New discovery delivers high-grade results

Among the standout results from Antipa’s Phase 1 drilling program are several high-grade intersections, underscoring the growing scale of the Minyari Dome gold-copper system.

Notably, the latest assays confirm significant extensions to known mineralisation and a new discovery south of Fiama and Rizzo, which could represent a step-change for the project.

Key highlights from the drilling include:

• 25MYC0715: 21m at 1.8 g/t gold and 0.06% copper from 44m down hole, including 4m at 8.6 g/t gold, 0.02% copper, and 0.5 g/t silver from 44m down hole.

• 25MYCD0698: 15m at 2.0 g/t gold and 0.04% copper from 336m down hole.

• 25MYC0745: 44m at 0.4 g/t gold and 0.06% copper from 82m down hole, including 2m at 2.8 g/t gold and 0.05% copper from 94m down hole and 1m at 1.9 g/t gold and 0.11% copper from 118m down hole.

These high-grade results expand the known mineralisation at Minyari Dome, particularly in the newly identified zone south of Fiama and Rizzo, which has demonstrated significant potential. Antipa said the discovery reinforces its confidence in the scalability of the existing resource and its broader exploration strategy.

GEO-01 deposit extended at depth; Parklands drilling pending further analysis

In addition to the new discovery, Antipa’s exploration program has also delivered meaningful extensions to the GEO-01 Deposit, particularly at depth, which continues to show significant potential for resource growth. Notable intersections include:

• 25MYCD0698: 15m at 2.0 g/t gold and 0.04% copper from 336m down hole.

• 25MYC0687: 7m at 1.1 g/t gold and 0.06% copper from 130m down hole.

These results demonstrate the potential for continued resource growth at GEO-01, Fiama and Minella, all of which remain open for expansion. Further drilling is expected to continue to build on this encouraging trend.

At Parklands, a large surface gold anomaly located northeast of Telfer, drilling has returned limited low-grade results. Any further drilling at Parklands will be contingent on the completion of integrated interpretation, including lithogeochemical and structural analysis, to guide next steps.

Antipa’s dual-track exploration strategy

Antipa’s current Phase 1 drilling program is designed to achieve dual objectives: expanding the existing Minyari Dome resource and exploring new greenfield targets across its extensive landholding.

The program includes 288 holes for 34,000 metres of drilling and is expected to yield additional results that will support both resource growth and the identification of new high-potential prospects.

The 2025 drilling campaign is expected to provide additional news flow throughout the year, with results from 22 reverse circulation (RC) holes and 28 air core holes already received. Antipa’s exploration efforts, along with its ongoing pre-feasibility study (PFS) workstreams, position Minyari Dome as one of the standout development opportunities in the Paterson Province.

Strong financial position and future growth

With a solid cash position of A$40 million and no debt, Antipa is well-funded to continue its aggressive exploration program and advance the development of its flagship Minyari Dome project. The company’s market capitalisation currently stands at A$437 million, and it has received backing from key institutional investors, including Greatland Gold and IGO.

“These latest results represent further exploration success, expanding known mineralisation at multiple Minyari Dome deposits while simultaneously uncovering several new discoveries,” said Antipa managing director Roger Mason. “In particular, the newly defined gold-copper zone south of Fiama and Rizzo represents a step-change for the broader Minyari Gold-Copper Project.”

With drilling ongoing and a significant portion of assays still to be received, Antipa remains focused on expanding its resource base and advancing its development plans in one of Australia’s most exciting mining districts.