• Antipa retains full ownership of 1,430km2 Wilki Project
• Planned drill testing of highly prospective Parklands target in H1 CY2025
• Wilki Project has benefited from A$12 million in exploration investment since 2020

Antipa Minerals Ltd (ASX: AZY) advises that Newmont Corporation (Newmont) has elected to withdraw from the Wilki Project farm-in agreement, initially entered into with Newcrest Operations Limited (now known as Newmont (NOL) Pty Ltd) (Newcrest) in February 2020. As a result, Antipa will retain 100% ownership and resume management of the Wilki Project effective 3 March 2025. Antipa will receive a cash payment of approximately A$590,000 from Newmont in accordance with the withdrawal terms. The Wilki Project has benefited from A$12 million in exploration investment since 2020, funded entirely by Antipa's partners. Antipa plans to proceed with the planned drill testing of the highly prospective Parklands target, currently scheduled for H1 CY2025. Parklands is a Telfer-sized surface geochemical gold anomaly spanning 3km by 1.5km situated under approximately 15 metres of cover, located just 10km northeast of Greatland's Telfer gold-copper-silver processing facility. The Wilki H1 CY2025 drilling programme is in the advanced stages of planning and currently envisages up to 16,000 metres of drilling, with the primary focus initially on Parklands. Antipa's strong financial position, with approximately A$36.5 million in cash at 31 December 2024, ensures the Company has the capacity to sole fund a number of CY2025 exploration programmes.

Antipa plans to conduct up to 16,000 metres of drilling at the Wilki Project in H1 CY2025, with the primary focus initially on the Parklands target.

Antipa is well-positioned to continue its resource growth and project development trajectory targeting significant value creation for its shareholders through focused exploration and sensible development in the highly prospective Paterson Province.