Just the Facts: Antipa Minerals increases Minyari Gold Resource by 33% [Video]

Proactive’s Tylah Tully presents Just the Facts regarding Antipa Minerals Ltd’s (ASX:AZY) 33% increase in the gold resource at its Minyari Dome Gold-Copper Project, located in Western Australia’s Paterson Province.
The updated Mineral Resource Estimate now stands at 2.3 million ounces of gold, an increase of 573,000 ounces from the May 2022 estimation.
The results show a move of 53% of the resource into the higher confidence “indicated” category.
The total resource includes 47.6 million tonnes at 1.51 grams per tonne gold, 0.8% copper, 0.43 grams per tonne silver, and 0.03% cobalt.
It equates to 2.9 million ounces of gold equivalent at 1.9 grams per tonne.
The company says the substantial update significantly enhances the value of what it already believed was a highly attractive and strategically important development project.
The update included a significant increase in contained gold and provides greater geological confidence, with 68% of the total material now residing in the Indicated category.
“We are delighted to announce this substantial update to the Mineral Resource estimate for our Minyari Project, which significantly enhances the value of what was already a highly attractive and strategically important development project. The update includes a 573,000-ounce increase in contained gold and provides greater geological confidence, with 68% of the total material now residing in the Indicated category. The project now hosts a sizeable 2.3-million-ounce gold-only Resource, with strong potential for future growth across multiple deposit areas.
With gold prices reaching all-time highs and market momentum remaining strong, the value of these newly defined ounces is more pronounced than ever. Recent corporate consolidation within the Paterson Province spotlights the region’s strategic importance as a world-class gold and copper district. This activity, combined with our own progress, underscores the opportunity for large-scale developments and strengthens our position within this highly prospective area.”
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