Antipa’s Minyari Update: What the New Drilling Adds Now

Highlights

• Fresh drilling supports a near-term resource estimate update.

• Multiple deposits show extensions and new mineralised zones.

• Study drilling continues to support future infrastructure planning.

Antipa’s latest Minyari drilling highlights extensions and new mineralised zones across several deposits, supporting a near-term resource estimate update. Study drilling continues as the project advances toward development planning.

Antipa Minerals (ASX:AZY) has reported new drilling results from the Minyari Gold-Copper Project in Western Australia, pointing to broadening mineralised zones, deeper extensions, and emerging targets across multiple deposits ahead of a planned resource estimate update. The update matters because it speaks to two things exploration markets watch closely: whether a project is expanding in a coherent, repeatable way across a district footprint, and whether the new data will strengthen the next resource update and development planning. With work spanning Minyari Dome, Flama, RPS and Tim’s Dome, the company is framing Minyari as a multi-centre system where scale and quality are being built in parallel.

What is Antipa Minerals and what is Minyari?

Antipa Minerals is a mineral developer and explorer focused on gold-copper-silver systems in Western Australia. Minyari is positioned as a large, multi-deposit project in the Paterson Province, an established mineral region that hosts several significant discoveries.

Entity-rich definition: Antipa Minerals

Antipa Minerals is an Australian-listed mineral explorer and developer advancing gold-copper-silver projects through drilling, resource definition, and study-stage work.

Entity-rich definition: Minyari Gold-Copper Project

Minyari is a large gold-copper project area in Western Australia’s Paterson Province, comprising multiple deposits and targets where drilling aims to extend mineralisation and support resource updates and development studies.

What did the latest drill results show?

The company’s update points to progress across several areas:

• mineralisation beneath Minyari Dome

• ongoing down-dip extensions at Flama

• thick gold-copper-silver style intersections at RPS

• newly identified mineralised zones at Tim’s Dome

In plain terms, this suggests the project is not relying on a single deposit narrative. Instead, it is being advanced as a district-style system with multiple growth points.

Why do “beneath” and “down-dip” extensions matter?

These phrases are technical, but the meaning is straightforward: they relate to depth continuity.

What “beneath” implies

Mineralisation beneath an existing deposit can suggest the system continues at depth, which may:

• increase the volume of mineralised rock

• strengthen confidence in the geology

• support a longer development runway if continuity is confirmed

What “down-dip extension” implies

Down-dip extension means mineralisation continues deeper along the same geological orientation. That can be important because it can:

• expand the deposit footprint in a predictable direction

• improve potential for resource growth with systematic drilling

• refine how the company plans future drill fences and modelling

What is RPS and why is it being emphasised?

RPS is described as an emerging discovery, with thick gold-copper-silver style intersections. When companies call a target “emerging,” they are often signalling that:

• the mineralised system is still being defined

• follow-up drilling may reveal continuity and scale

• the area could become a larger part of the resource story over time

Entity-rich definition: district-scale opportunity

A district-scale opportunity refers to a project footprint with multiple deposits and target corridors where mineralisation occurs across a broad area rather than being confined to one small zone.

What’s happening at Tim’s Dome?

Tim’s Dome is described as having newly identified mineralised zones. This type of update generally matters because new zones can:

• add fresh targets for follow-up drilling

• diversify the project’s growth pipeline

• potentially contribute additional resource domains in the next update

What is “PFS sterilisation drilling” and why is it ongoing?

Sterilisation drilling is a development-stage activity used to ensure that planned infrastructure locations do not sit on top of meaningful mineralisation.

Entity-rich definition: sterilisation drilling

Sterilisation drilling is drilling undertaken across proposed infrastructure, processing, waste rock, or other site locations to confirm those areas are not mineralised in a way that would conflict with development plans.

This work can be an important indicator that the project is being advanced with development planning in mind, not just exploration growth. It helps reduce future project risk by ensuring infrastructure placement decisions are made with better geological certainty.

What does the upcoming resource update depend on?

Antipa has indicated that available growth drilling results from recent exploration programs will be incorporated into an updated resource estimate planned for release before year-end. Resource updates typically depend on:

• assay results being returned and validated

• geological interpretation and modelling

• grade continuity assumptions across zones

• updated domains for gold and associated metals

• QA/QC review and estimation method selection

The mention of outstanding assay results suggests there may still be additional data that could influence final modelling and resource outcomes.

Why is the Paterson Province context relevant?

The Paterson Province is known for hosting significant mineral systems, and project scale matters in regions where multiple deposits can form part of a broader development hub.

Entity-rich definition: Paterson Province

The Paterson Province is a mineral region in Western Australia known for gold and copper mineralisation, where district-scale land positions can host multiple deposits and target corridors.

What should readers watch next?

With resource work “on track,” the next milestones often come down to delivery and clarity.

Practical watchpoints

• whether pending assay results extend or strengthen key zones

• how much of the new drilling is included in the final resource update

• how RPS and Tim’s Dome are framed in the updated geological model

• ongoing sterilisation drilling outcomes and infrastructure implications

• the alignment between exploration growth and development-stage planning