Antipa Minerals Limited ( (AU:AZY) ) has provided an update.
Antipa Minerals Limited has announced that it will retain 100% ownership of the Wilki Project following Newmont Corporation’s withdrawal from their farm-in agreement. This strategic move allows Antipa to proceed with its exploration plans, including a significant drilling program targeting the Parklands area, which is considered highly prospective for gold. The company is well-positioned financially to fund its exploration initiatives, with a strong cash reserve and a history of substantial investment in the project. The retention of full ownership and the planned exploration activities are expected to enhance Antipa’s industry positioning and offer potential growth opportunities for stakeholders.
More about Antipa Minerals Limited
Antipa Minerals Limited is a company operating in the mining industry, primarily focused on gold and copper exploration and development. The company has a significant presence in Western Australia’s Paterson Province, with a strong emphasis on expanding its 100%-owned land package and exploring high-priority gold targets.
YTD Price Performance: 38.46%
Average Trading Volume: 1,689,655
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$200M
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