Antipa Minerals Limited (ASX:AZY)

Roger Mason
MD
Market Cap (AUD): 150.71M
Sector: Materials
Last Trade (AUD): 0.048 +0 (+0%)
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1. About

Antipa Minerals Limited (ASX:AZY) is a minerals exploration company focused on its own exploration activities on the North Telfer Project, located approximately 40 kilometres north of the world-class Telfer copper-gold-silver mine of Newcrest Mining Limited (ASX:NCM).

The North Telfer Project includes the Minyari Dome, which contains the Minyari-WACA gold-silver deposits. The Company aims to progress studies into the development of the Minyari-WACA deposits, while continuing to explore other highly prospective targets in the nearby vicinity.

Rio Tinto (ASX:RIO) has a Joint Venture Agreement with Antipa to farm-in to the Citadel Project, situated in the north of the Paterson Province, and can fund up to $60 million of exploration expenditure to earn up to a 75% interest in the project. 

The Citadel project includes JORC (2012) compliant Mineral Resources at the Calibre and Magnum deposits for a combined total of 1.2 million ounces of gold and 139,000 tonnes of copper, with mineralisation at both deposits open in all directions.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk