Antipa Minerals Limited announced assay results for the 2022 Phase 2 resource definition diamond drilling programme at its 100% owned, 877 km Minyari Dome Project in Western Australia's Paterson Province. The Minyari Dome Project is located within 35km of Newcrest Mining's (Newcrest) Telfer goldcoppersilver mine and mineral processing facility and 54km along strike from Newcrest Greatland Gold's Havieron gold copper development project. The second phase of the Minyari Dome Project 2022 Exploration Programme involved approximately 9,000m of drilling which was completed in mid December, comprising: resource definition DD programme for Minyari deposit; resource growth DD programme testing highpotential extension targets; and regional air core drill programme testing highpriority greenfield soil targets.

This release outlines results from the resource definition DD programme. Results from the latter two programmes are expected to be released in the next two weeks. The 2022 Phase 2 resource definition DD programme consisted of nine holes over 4,365m.

The programme was undertaken to facilitate a targeted Mineral Resource classification upgrade to areas of the existing Minyari deposit from the Inferred to Indicated category. Assay results returned have delivered strong confirmation of existing geological modelling of the Minyari deposit. Significant intersections returned include: 22.0m at 5.2 g/t gold, 0.82% copper and 1.4 g/t silver from 420.0m down hole in 22MYD0524, including: 7.6m at 12.4 g/t gold, 1.0% copper and 2.3 g/t silver from 432.0m, 10.0m at 3.3 g/t gold and 0.64% copper from 300.0m down hole in 22MYD0524, including: o 4.0m at 4.8 g/t gold, 0.90% copper and 1.1 g/t silver from 300.0m, 43.0m at 1.0 g/t gold and 0.11% copper from 183.0m down hole in 22MYD0524, 59.0m at 2.3 g/t gold, 0.52% copper and 1.5 g/t silver from 217.0m down hole in 22MYD0526, including: 21.0m at 4.0 g/t gold, 1.0% copper, 2.9 g/t silver and 0.09% cobalt from 232.0m; and 6.0m at 4.1 g/t gold, 0.24% copper, 1.0 g/t silver and 0.09% cobalt from 269.0m, 37.0m at 1.8 g/t gold and 0.14% copper from 451.0m down hole in 22MYD0526, including: 2.0m at 16.8 g/t gold and 0.21% copper from 451.0m; and 4.0m at 4.6 g/t gold, 0.80% copper and 1.7 g/t silver from 475.0m, 5.5m at 9.0 g/t gold, 0.68% copper and 1.8 g/t silver from 320.2m down hole in 22MYD0528, including: 1.8m at 20.5 g/t gold, 0.87% copper, 4.0 g/t silver and 0.08% cobalt from 320.2m, 53.0m at 0.8 g/t gold and 0.12% copper from 171.0m down hole in 22MYD0528, including: 14.8m at 1.8 g/t gold, 0.28% copper and 0.04% cobalt from 172.2m, 10.0m at 3.2 g/t gold, 0.36% copper and 1.4 g/t silver from 505.0m down hole in 22MYD0519, including: 4.0m at 6.9 g/t gold, 0.65% copper and 2.7 g/t silver from 512.0m, 23.0m at 1.4 g/t gold and 0.19% copper from 582.0m down hole in 22MYD0519, including: 1.0m at 11.1 g/t gold, 0.97% copper and 4.1 g/t silver from 599.0m, 15.3m at 1.8 g/t gold, 0.21% copper and 0.12% cobalt from 138.7m down hole in 22MYD0530, including: 2.0m at 10.7 g/t gold, 1.02% copper, 1.6 g/t silver and 0.77% cobalt from 150.0m.

Completion of an updated Mineral Resource estimate for Minyari is expected by late Second Quarter CY2023. The Minyari Dome PFS workstreams are advancing well with a targeted completion by end Fourth Quarter CY2023. The PFS mine scheduling is expected to incorporate the next Mineral Resource estimate update for Minyari, as well as progress a range of other upside opportunities identified as part of the Minyari Dome Scoping Study.

Antipa has also applied for the future mine access road Miscellaneous Licence (L45/681) and five water exploration Miscellaneous Licences (L45/700 to L45/704) for groundwater supply to meet the mineral processing facility, camp, and other operational requirements.