Antipa Minerals Ltd Unveils Enhanced Minyari Project Resource – 2.5 Million Ounces Gold, 84,000 Tonnes Copper & Strong Standalone Development Potential

Wednesday, May 21, 2025
at
8:44 am
Article header image

Antipa Minerals Ltd has updated its Mineral Resource Estimate at the Minyari Project, identifying substantial gold, copper, silver, and cobalt resources. The comprehensive update, based on extensive drilling and rigorous JORC reporting, reinforces strong development potential and promising growth opportunities for investors in the mining sector.

Antipa Minerals Limited has released a comprehensive technical update on its Minyari Project in Western Australia’s Paterson Province that details extensive exploration, estimation, and quality assurance work in line with the JORC Code guidelines. The announcement outlines an updated assessment of multiple deposit areas—including Minyari South, the GEO-01 Area (which covers Main Zone, Central, Minella, and Fiama) as well as Tim’s Dome and the Chicken Ranch deposits—with detailed descriptions of sampling techniques, drill hole spacing, and the application of rigorous ordinary kriging techniques in block modelling using industry‐proven software. With drill spacing typically around 50 m by 50 m and sample recoveries averaging nearly 99.5%, the resource model emphasizes both the robust geotechnical and metallurgical foundations of the project. The report highlights that the updated resource estimate incorporates both near-surface and deeper mineralisation, with material above 0 m RL (amenable to open-pit mining) reported at a 0.4 g/t gold equivalent cutoff, while material at greater depths—considered for underground mining—is estimated with a 1.5 g/t cutoff. Technical details include the use of dynamic anisotropy to account for changes in dip and strike, a three-pass estimation strategy with clearly defined search distances and top-cut limits to control for outlier grades, and a careful integration of geological data from 3D models developed in Leapfrog software. Preliminary metallurgical testing has shown encouraging results, with excellent recoveries for both oxide and primary gold mineralisation. The test-work, completed in reputable laboratories, indicates that conventional processing techniques may be successfully applied, with potentially lower cyanide consumption in certain zones, thereby supporting a favorable economic outlook as outlined in earlier scoping studies. For market observers, the technical rigor and transparency presented in this update reinforce confidence in the project’s long-term potential. Bullish sentiment is bolstered by the comprehensive drill data, robust quality control measures, and promising metallurgical recoveries that point toward a sound development pathway in a proven resource region with established mining infrastructure. However, bearish perspectives may highlight that much of the resource remains classified as inferred, with inherent uncertainties in extrapolating future mineable tonnages and grades, as well as risks common to early-stage development projects. In summary, Antipa Minerals Limited’s detailed update provides both technical and economic stakeholders with a clearer picture of the Minyari Project’s significant exploration progress and future potential, underscoring the importance of continued drilling and further resource refinement in support of progress toward eventual production.

Document

Recent Articles