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The Australian - Antipa Minerals’ Minyari Project resource leaps to 3.3Moz gold equivalent

By Special Report

• AZY updates Minyari Project Mineral Resource (MRE) by 163,000oz of gold to 2.7Moz of gold and 3.3Moz gold equivalent

• Total MRE growth during CY2025 of 263,000oz of gold and 6,000t of copper, 400,000oz gold equivalent

• Scoping Study last year highlights standalone development opportunity

• Company planning further resource update in February 2026

Special Report: Antipa Minerals has grown its Minyari Project Mineral Resource in WA to a whopping 3.3Moz of gold equivalent.

The project MRE includes the Minyari Dome, Tim’s Dome and Chicken Ranch deposits which sit between 10 to 35km from Greatland Resources’ Telfer gold-copper-silver mine and 22Mtpa mineral processing facility.

Chicken Ranch and Tim’s Dome, which were returned unencumbered to the Company following consolidation of the Wilki farm-in Project in March, are being assessed as potential Minyari Dome satellite production sources.

Antipa Minerals (ASX: AZY) has set an aspirational target to extend the production horizon of its development opportunity by three years via resource growth and maiden resource drilling programmes over a period of three years (inclusive of CY2025 drilling).

This update further enhances the scale, quality and confidence of Minyari Dome as a standalone development opportunity for a scalable open pit and underground mining operation.

It represents a resource increase of 163,000oz of gold, and the resource also includes 90,000t of copper, 700,000oz of silver, and 13,000t of cobalt.

“This resource update, the second for this calendar year, lifts the Minyari mineral resource to 3.3 Moz gold equivalent, including 2.7 Moz of contained gold, with a combined total increase of 263,000oz of gold this year alone, further demonstrating impressive scale, quality and further growth potential across the Project,” AZY Managing Director Roger Mason said.

Based on the Company’s Scoping Study released for Minyari Dome last year, the Project’s forecast free cashflow post-tax over the first ten-years averages A$257m and A$301m per annum at gold prices of A$4,500 and A$5,000 per ounce respectively.

These metrics highlight there are substantial economic benefits to extending the Project’s production horizon.

As such, Antipa will target further resource growth and additional delineation of maiden resources through CY2026 alongside a planned Pre-feasibility Study resource update (Minyari, WACA and Sundown deposits) due February 2026.

“This latest increase reflects the effectiveness of our two-phase 2025 drilling programme, which successfully expanded the existing Minyari Dome resource base while also converting new discovery zones into maiden resources. Importantly, many of these deposits remain open along strike and at depth, providing a clear line of sight to additional growth next year,” Mason said.

“With a strong balance sheet, a robust technical foundation and clearly defined advancement plan, Antipa is very well positioned to continue unlocking exploration value while driving the project towards development.”

This article was developed in collaboration with Antipa Minerals, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

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