AZY.ASX: PFS Test-work Confirms Conventional Gold-Copper Processing

PFS Test-work Confirms Conventional Gold-Copper Processing

Stock	Antipa Minerals Ltd (AZY.ASX)
Release Time	6 Jul 2026, 8:19 a.m.
Price Sensitive	Yes

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PFS Test-work Confirms Conventional Gold-Copper Processing

Key Points

Metallurgical test-work confirms a conventional gold-copper processing pathway
Strong gold recoveries of 89% to 98% achieved
Updated geotechnical parameters support steeper open pit slope angles
Potential to reduce or eliminate underground mining in the development schedule

Full Summary

Antipa Minerals Limited (ASX: AZY) has announced positive results from metallurgical test-work and geotechnical parameters for its Minyari Dome Gold-Copper Development Project. The test-work confirms a conventional gold-copper processing pathway with strong gold recoveries ranging from 89% to 98%. Additionally, the updated geotechnical parameters support steeper open pit slope angles, potentially reducing or eliminating underground mining in the development schedule. These findings provide important inputs for ongoing Pre-Feasibility Study (PFS) mine plan optimization. Antipa is progressing the PFS in a structured manner, with key technical workstreams completed or advanced. The company expects to complete the technical PFS workstreams in Q3 CY2026, with PFS outcomes to follow shortly thereafter.

Outlook

The positive outcomes from the metallurgical test-work and updated geotechnical parameters materially strengthen the technical foundation of the Minyari Development, positioning it as a standalone gold-copper development in Western Australia's Paterson Province.