Antipa Minerals (ASX:AZY) 2024 Mineral Resource Update

Antipa Minerals Limited (ASX:AZY) has released a significant 2024 mineral resource update for its 100% owned Minyari Dome Project. The update includes a 2.9 Gold Equivalent Moz Resource, 2.3 Contained Moz Gold-Only, and an indicated 1.7 Moz g/t Resource Gold at 1.6 Gold. The company has confirmed that all material assumptions and technical parameters underpinning the release continue to apply and have not materially changed.

Executive Commentary

The company is pleased to announce the significant 2024 mineral resource update for the Minyari Dome Project. This update reflects the continued growth and enhancement of the resource scale, reaffirming the project's potential as a proven standalone project. The strategic location of the project in a world-class gold-copper district, combined with additional value levers and exploration upside, positions it as a robust and promising venture. The scoping study update expected in September 2024 is anticipated to provide further insights into the project's potential upside drivers, including increased mining inventory, metal price revenue drivers, improved metallurgical performance, and third-party processing opportunities.

Summary

Antipa Minerals' 2024 mineral resource update for the Minyari Dome Project demonstrates the company's commitment to advancing and maximizing the potential of its assets. The indicated 1.7 Moz g/t Resource Gold at 1.6 Gold signifies a substantial increase in the project's resource scale, underpinning its strategic significance in a world-class gold-copper district. The upcoming scoping study update is expected to shed further light on the project's potential upside drivers, including increased mining inventory, metal price revenue drivers, improved metallurgical performance, and third-party processing opportunities. With ongoing exploration activities and the strategic partnerships with Newmont and IGO, the company is well-positioned to capitalize on the resource growth potential and deliver meaningful value to its stakeholders.