Antipa Minerals Limited (ASX: AZY) (Antipa or the Company) is pleased to announce the discovery of multiple zones of new gold-copper mineralisation on its 100% owned, 144km2 Minyari Dome Project in Western Australia's Paterson Province.

The Project is located within 35km of Newcrest Mining's (Newcrest) Telfer gold-copper-silver mine and mineral processing facility and 54km along strike from Greatland Gold-Newcrest's Havieron gold-copper development project.

Antipa's Managing Director, Roger Mason, said: 'These greenfield discoveries within close proximity to the Minyari and WACA deposits further demonstrates the exploration and resource growth potential of the Company's 100% Minyari Dome Project. The Company is continuing greenfield exploration across the project in parallel with project evaluation activities with the aim of making significant discoveries that will enhance the Minyari-WACA development opportunity.

With the first greenfield target tested in 2021 resulting in discoveries close to surface, the Company is confident that similar nearby geophysical and air core anomalies could deliver further success.

The 10,000 metre 2021 greenfield RC drill programme is testing 14 targets and is expected to be completed in November.'

Summary of Minyari Dome CY21 Greenfield Exploration Programme and High Priority Targets The Minyari Dome Project 2021 greenfield exploration programme, which is ongoing, is designed to make significant gold and/or copper discoveries within 4km of the existing Mineral Resources that can enhance the Minyari-WACA development opportunity.

The key components of this greenfield exploration programme are: 1. Detailed Drone (UAV) Magnetic Survey (completed) - Survey with 20m line spacing to improve deposit, prospect, and greenfield targeting via the identification of key lithologies, structures, and magnetic anomalies; 2. Gradient Array Induced Polarisation (GAIP) Survey (completed) - To identify IP chargeability (+/- resistivity +/- conductivity) anomalies related to gold-copper sulphide mineralisation and also map certain key lithologies; 3. Surface Geochemical Programme (ongoing) - Fine-fraction soil programme across significant areas of the Minyari Dome Project to generate new greenfield targets for drill testing in CY 2022 and 4. Reverse Circulation (RC) Drill Programme (ongoing) - Approximately 10,000m (40 RC drill holes) testing 14 geophysical and/or geochemical (air core) greenfield targets.

About Antipa Minerals

Antipa is a mineral exploration company focused on the Paterson Province in north-west Western Australia, home to Newcrest Mining's world-class Telfer gold-copper mine, Rio Tinto's Winu copper-gold deposit, Greatland Gold-Newcrest's recent Havieron gold-copper discovery and other significant mineral deposits. Having first entered the Paterson in 2011 when it was a less sought-after exploration address, the Company has used its early mover advantage to build an enviable tenement holding of 5,200km2 , including the 1,300km2 Citadel Joint Venture Project with Rio Tinto (who currently holds a 65% joint venture interest), the 2,200km2 Wilki Project that is subject to a $60 million Farm-in and Joint Venture Agreement with Newcrest (who is yet to earn a joint venture interest) and the 1,500km2 Paterson Project that is subject to a $30 million Farm-in and Joint Venture Agreement with IGO (who is yet to earn a joint venture interest). The Citadel Project lies within 5km of the Winu deposit and contains a Mineral Resource of 2.4 million ounces of gold and 162,000 tonnes of copper from two deposits, Calibre and Magnum. Antipa retains 144km2 of 100%-owned Minyari Dome Project tenements which contains an established Mineral Resource, with the Minyari and WACA deposits containing 723,000 ounces of gold and 26,000 tonnes of copper plus other deposits and high quality exploration targets. Unlike certain parts of the Paterson where the post mineralisation (younger) cover can be kilometres thick, making for difficult exploration, the Company's combined 5,200km2 tenement portfolio features relatively shallow cover; approximately 80% being under less than 80 metres of cover. Extensive drilling and geophysical surveys are planned for 2021 across Antipa's combined Paterson tenement portfolio as the company pursues a dual strategy of targeting tier-one greenfields discoveries and growing its existing resources through brownfields exploration.

Forward-Looking Statements

This document may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning Antipa Mineral Ltd's planned exploration programme and other statements that are not historical facts. When used in this document, the words such as 'could,' 'plan,' 'estimate,' 'expect,' 'intend,' 'may,' 'potential,' 'should,' and similar expressions are forward-looking statements. Although Antipa Minerals Ltd believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements.

Competent Persons Statement - Exploration Results: The information in this document that relates to Exploration Results is based on and fairly represents information and supporting documentation compiled by Mr Roger Mason, a Competent Person who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Mason is a full-time employee of the Company. Mr Mason is the Managing Director of Antipa Minerals Limited, is a substantial shareholder of the Company and is an option holder of the Company. Mr Mason has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaking to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcements, all of which are available to view on www.antipaminerals.com.au and www.asx.com.au. Mr Mason, whose details are set out above, was the Competent Person in respect of the Exploration Results in these original market announcements.

Contact:

Tel: +61 8 9481 1103

Email: admin@antipaminerals.com.au

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