Antipa Minerals Increases Minyari Project MRE to 2.5Moz of Gold

THE DRILL SERGEANT: Antipa Minerals (ASX: AZY) has produced an updated Mineral Resource Estimate (MRE) for the company’s 100 per cent-owned Minyari project in Western Australia.

Antipa Minerals reported the updated MRE totals 2.5 million ounces of gold, representing an increase of 100,000 ounces, and includes 84,000 tonnes of copper, 666,000 ounces of silver, and 13,000 tonnes of cobalt.

The company considers the enhanced Mineral Resource scale further strengthens the Minyari project’s standalone development potential.

The total MRE of 53 million tonnes at 1.48 grams per tonne gold, 0.18 per cent copper, 0.43g/t silver and 0.02 per cent cobalt, for 2.5 million ounces of gold hosts an Indicated Resources (66% of total) of 32.4 million tonnes at 1.6g/t gold, 0.2 per cent copper, 0.51g/t silver and 0.03 per cent cobalt, for 1.7 million ounces of gold.

“This latest update lifts the Minyari Mineral Resource to 3 million ounces gold equivalent, inclusive of 2.5 million ounces of contained gold, further demonstrating the project’s significant scale potential across the tenure, with many of these deposit areas remaining open in multiple directions,” Antipa Minerals managing director Roger Mason said in the company’s ASX announcement.

“Our broad, two-phase 2025 calendar year drilling program targets substantial growth opportunities across the existing resource base and from new discovery zones with maiden resource potential.

“Minyari’s development potential cannot be understated.

“It’s strategic proximity to Greatland Gold Plc’s (LSE: GGP) Telfer gold-copper-silver operation and the Havieron development offers a clear analogue for what a future production scenario could look like.”

 

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