Minyari Development Resource Grows to 3.3Moz Gold Equivalent
| Stock | Antipa Minerals Ltd (AZY.ASX) |
|---|---|
| Release Time | 18 Dec 2025, 8:30 a.m. |
| Price Sensitive | Yes |
Minyari Development Resource Grows to 3.3Moz Gold Equivalent
- Updated Mineral Resource Estimate totals 3.3Moz gold equivalent, including 2.7Moz gold, 90kt copper, 700koz silver, and 13kt cobalt
- Indicated Mineral Resource of 2.2Moz gold equivalent
- Reinforces standalone development potential, with mineralisation open along strike and at depth
Antipa Minerals Limited has announced an updated Mineral Resource Estimate (MRE) for its 100%-owned Minyari Project, located in Western Australia's Paterson Province. The updated MRE totals 2.7 million ounces of gold, representing an increase of 163,000 ounces, and includes 90,000 tonnes of copper, 700,000 ounces of silver, and 13,000 tonnes of cobalt, combining for a 3.3 Moz gold equivalent Mineral Resource. This further enhances the scale, quality and confidence of the Minyari Project as a standalone development opportunity. The updated MRE includes results from drilling at several deposits subsequent the release of the Minyari Project May 2025 MRE. At Minyari Dome, eight deposits currently contribute to the MRE distributed along a 3.6 km long strike corridor. The Minyari, GEO-01 and WACA deposits contain the majority of the contained gold resource (2.4 Moz, or 88%), with Minyari alone contributing 1.9 Moz of the contained gold resource or 69%. The GEO-01 resource has increased 80% from 188 koz of gold to 340 koz, including a maiden resource of 24 koz of gold from the recent GEO-01 South and Rizzo discoveries. Antipa 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.
Antipa will target further Mineral Resource growth and additional delineation of maiden resources through CY2026, focusing on areas such as Fiama, GEO-01 Main Zone, Minella, GEO-01 Central, Rizzo and GEO-01 South, Minyari South, WACA Down Plunge, Sundown, Minyari North, WACA West, Tim's Dome, and Chicken Ranch, as well as new discovery areas like the RPS Trend, WACA Repeat Beneath Minyari, GP01, and WACA East.