Antipa Minerals (AZY) Noosa Mining Conference 2026 summary

Strategic positioning and asset overview

• Holds a 100% owned 4,500 km² land package in the Paterson Province, proximal to major mines and development projects, with a dominant position in a tier-one gold-copper region.

• Current mineral resources include 2.9 Moz gold, 91,000 t copper, and 880 koz silver, with significant growth potential and blue-sky exploration upside.

• Strong financial foundation with A$48M cash as of March 2026, supporting aggressive exploration and development.

Minyari Dome project highlights

• Minyari Dome is a stand-alone gold-copper development with a 3.6 Moz gold equivalent resource and consistent resource growth since 2017.

• Scoping Study (Oct 2024) confirms exceptional development potential: NPV7% post-tax up to A$1.8B at A$5,000/oz gold, IRR up to 110%, and annual gold output averaging 130 koz for the first 10 years.

• Projected life-of-mine free cash flow ranges from A$972M to A$2.76B depending on gold price scenarios.

Project development and timeline

• Pre-Feasibility Study (PFS) workstreams are well advanced, including drilling, geotechnical, metallurgical, and environmental studies.

• Engagement with Traditional Owners and early debt advisor involvement are underway to align with permitting and financing requirements.

• Delivery schedule targets FID in 2027, with first gold and copper production expected by 2030, subject to approvals and construction timelines.