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Antipa Minerals Achieves Key Milestones in Gold-Copper Project and Strengthens Financial Position
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Antipa Minerals Achieves Key Milestones in Gold-Copper Project and Strengthens Financial Position

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Invest with Confidence:

Antipa Minerals Limited ( (AU:AZY) ) has issued an update.

Antipa Minerals Limited has released its quarterly activities and cashflow report for the quarter ending December 31, 2024. Notably, the company completed a Scoping Study for its 100%-owned Minyari Dome Gold-Copper Project, confirming its technical and financial viability. Significant exploration success was achieved with the discovery of new high-grade gold zones, and a profitable sale of its non-controlling interest in the Citadel JV Project was finalized, bringing in A$17 million. Additionally, an equity placement raised A$16 million, resulting in a strong cash balance of A$36.5 million, positioning the company well for future exploration and development opportunities.

More about Antipa Minerals Limited

Antipa Minerals Limited operates in the mining industry, primarily focusing on the exploration and development of gold and copper projects. The company is centered on mineral resource activities in the Paterson Province of Western Australia.

YTD Price Performance: -6.67%

Average Trading Volume: 13,083,650

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: A$154M

For a thorough assessment of AZY stock, go to TipRanks’ Stock Analysis page.

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