Antipa’s Minyari Dome Expansion Raises Questions on Project Scale and Timeline
Antipa Minerals reports significant high-grade gold and copper discoveries at its Minyari Dome project, alongside a robust A$61.4 million cash position following a successful A$40 million equity raise.
- Discovery of extremely high-grade gold zones at Fiama with up to 520 gram-metres
- Substantial mineralisation extensions at multiple Minyari Dome deposits
- Completion of A$40 million equity placement boosting cash reserves to A$61.4 million
- Ongoing Pre-Feasibility Study workstreams targeting August 2026 completion
- Phase 2 drilling program progressing with 25,000 to 35,000 metres planned
Exploration Success at Minyari Dome
Antipa Minerals Ltd (ASX, AZY) has delivered a strong quarterly update for the period ending 30 September 2025, highlighting significant advances in its exploration and development activities at the 100%-owned Minyari Dome Gold-Copper Development Project in Western Australia's Paterson Province. The company’s Phase 1 drilling program confirmed meaningful extensions to known mineralisation across multiple deposits, including new high-grade gold zones at Fiama with intersections reaching up to 520 gram-metres.
Notably, the discovery of a large, shallow mineralised system at Rizzo and wide intercepts with high-grade intervals at Minella further underscore the project's growth potential. These results reinforce Minyari Dome's status as a prolific gold-copper precinct, situated near major regional players such as Greatland Resources’ Telfer mine and Havieron project.
Robust Financial Position and Strategic Moves
Supporting its exploration momentum, Antipa successfully completed a strongly supported equity placement in July 2025, raising A$40 million before costs. This capital injection has bolstered the company's cash reserves to approximately A$61.4 million at quarter-end, providing a solid financial foundation to advance both exploration and development activities.
Additionally, the appointment of mining veteran Neil Warburton as a Non-Executive Director adds considerable expertise to the board as Antipa navigates the critical phases of project advancement and resource expansion.
Advancing Pre-Feasibility and Future Drilling
Parallel to exploration, Antipa is progressing its Pre-Feasibility Study (PFS) workstreams, encompassing metallurgical testing, environmental studies, and permitting activities. The PFS is on track for completion around August 2026, aiming to de-risk and refine the Minyari Dome development opportunity.
The Phase 2 drilling program, designed to deliver between 25,000 to 35,000 metres of air core, reverse circulation, and diamond drilling, commenced in mid-August and is advancing well. Early assay results from Phase 2 are being released in batches, with the updated Mineral Resource Estimate scheduled for November 2025, expected to incorporate the latest drilling data and potentially enhance the project's resource base further.
Regional Significance and Outlook
Antipa’s Minyari Project, covering over 4,100 square kilometres, sits within a highly prospective gold-copper belt that hosts several world-class deposits. The ongoing exploration success and resource growth at Minyari Dome position Antipa as a key player in this emerging mining hub. With substantial cash reserves and a clear development pathway, the company is well-placed to unlock significant value for shareholders while contributing to the broader regional mining landscape.
Bottom Line?
As Antipa Minerals advances its drilling and feasibility studies, the coming months will be pivotal in defining the scale and economics of the Minyari Dome project.
Questions in the middle?
- How will upcoming Phase 2 assay results impact the updated Mineral Resource Estimate?
- What are the key milestones and risks ahead for the Pre-Feasibility Study completion in 2026?
- How might Antipa’s discoveries influence regional development and partnerships in the Paterson Province?
