Antipa Minerals (AZY) 2025 Precious Metals Summit - Beaver Creek summary

Financial and operational highlights

• Market cap stands at AUD 430 million, with research price targets up to AUD 1.50.

• Cash reserves of AUD 71 million fully fund aggressive drilling and feasibility studies.

• Over 50% of shares held by Select Group; institutions and funds hold nearly 40%.

• Board and management have 200+ years of mining experience.

• EV per gold resource ounce is AUD 144.

Project portfolio and resource base

• Portfolio covers 4,100 sq km in Western Australia, with significant gold-copper endowment.

• Resource base totals 3 million gold-equivalent ounces.

• Minyari Dome is a proven standalone gold development opportunity.

• Ongoing potential for large-scale greenfield and brownfield discoveries.

Development progress and funding

• Fully funded through to definitive feasibility study and final investment decision.

• Minyari Dome scoping study (Oct 2024) confirmed 1.5 million oz mining inventory at 1.5 g/t.

• M&A activity in the region highlights strategic value.