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Antipa Minerals Limited ( (AU:AZY) ) just unveiled an announcement.
Antipa Minerals has launched a major 41,000-metre Phase 1 drilling campaign at its wholly owned Minyari Project in the Paterson Province, aiming to discover new gold-copper deposits and grow its existing 2.9 million ounce gold resource base. The fully funded program, running over three to four months, will test high-priority greenfield targets and expand near-surface resources at the Minyari Dome, with assays to be released in batches throughout 2026.
The campaign comprises 321 air core, reverse circulation and diamond holes across Antipa’s 4,500 km² landholding, including 26,540 metres for new discovery drilling and 14,200 metres focused on resource growth at Minyari Dome. Management says the work, supported by a A$51.2 million cash balance, is intended to build a pipeline of deposits near its stand-alone development opportunity while parallel technical studies continue to de-risk the project for shareholders and other stakeholders.
The most recent analyst rating on (AU:AZY) stock is a Buy with a A$1.25 price target. To see the full list of analyst forecasts on Antipa Minerals Limited stock, see the AU:AZY Stock Forecast page.
More about Antipa Minerals Limited
Antipa Minerals is an Australian exploration company focused on gold, copper and silver in Western Australia’s Paterson Province. Its flagship 100%-owned Minyari Project hosts a 3.6 million ounce gold-equivalent mineral resource, including 2.9 million ounces of gold, and is being advanced as a potential stand-alone development opportunity supported by a strong cash position.
Average Trading Volume: 2,329,871
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$424.1M
For a thorough assessment of AZY stock, go to TipRanks’ Stock Analysis page.