Antipa Minerals' Minyari Dome Project Update

Antipa Minerals (ASX:AZY) has released an updated scoping study for its Minyari Dome Gold-Copper Project. The study confirms the project's exceptional potential as a stand-alone operation. It highlights robust economics and leverages the strategic location within a world-class gold-copper district. The project includes a forecasted gold output of 1.3 million ounces over a processing life of more than 10 years.

Antipa Minerals' Strategic Outlook and Ambitions

Antipa Minerals' updated scoping study for the Minyari Dome Project showcases a promising opportunity with a mineral resource estimate including 2.3 million ounces of gold. The project is expected to produce an average of 130,000 ounces of gold annually for the first 10 years, with an all-in sustaining cost of US$1,205 per ounce. The study outlines a significant economic upside, projecting a net present value of A$1,696 million at a spot gold price of A$4,000 per ounce. Looking ahead, Antipa Minerals is pursuing an aggressive Phase 2 drilling program to enhance resource growth and new discoveries, supported by strategic partnerships with major companies like Newmont and IGO. The company also emphasizes its commitment to social and environmental responsibility, fostering regional development and cultural heritage protection.

Executive Commentary on Minyari Dome Project

The updated scoping study reaffirms the Minyari Dome Project's potential with a net present value (NPV) of A$834 million and a pre-tax internal rate of return (IRR) of 52%. The project is characterized by its technical simplicity and non-refractory metallurgy. It benefits from existing infrastructure that supports a standard Carbon-in-Leach (CIL) plant design.