Antipa Minerals Limited announce that an agreement has been reached with major shareholder and farm in partner, Newcrest Mining Limited (Newcrest) for several high priority Wilki Project targets to be removed from the Wilki Project farm in. Under the terms of the agreement, Antipa will regain sole rights to, and operational control of a 733km2 tenement package containing the Tetris, Pacman and Pixel targets, and in return Newcrest will be entitled to a 1.5% NSR over those tenements. The package contains the exciting Havieron analogue target (Tetris) located approximately 80km from Telfer and 50km from the Minyari Dome Project (100% Antipa).

The Wilki Project now comprises approximately 1,470km2 in total landholding and includes the previously defined Chicken Ranch and Tim's Dome 103.5 koz (combined) Inferred Mineral Resource Estimates, which are located within 15km of the Telfer gold copper silver mine and 22 Mtpa processing facility. Newcrest remains committed to the farm in agreement, having deployed in excess of AUD 8.5 million to date on greenfield exploration for Havieron and Telfer analogue targets with a focus on anomalies proximal to Telfer. All other terms of the Wilki Farm in and JV agreements are unchanged for the reduced, more Telfer centric Wilki Project area, with Newcrest entitled to earn up to 75% in the Project by sole funding AUD 60 million in exploration before March 2028.

Over the last decade Paterson Province greenfield exploration utilising geophysics to detect mineralisation under cover has discovered 16Moz of gold, 3Mt of copper and 47Moz of silver, highlighting the world class significance and future discovery potential of the province. Several Tier 1 discoveries have been made through the identification of magnetic high anomalies representing gold and copper mineralisation at Havieron, Winu, Calibre, Magnum and Minyari. Gravity is an underutilised discovery technique, as demonstrated by the 5.5Moz gold and 222kt copper Havieron deposit which is a co incident magnetic high and gravity high anomaly.

Copper rich systems, such as the 2Mt Nifty deposit, are nonmagnetic but represent potential gravity high anomalies. Tetris Summary of the Tetris tenement area and targets: · 51km2 tenement area located 40km northeast of Minyari (and 40km southeast of Calibre) · Tetris target is a Havieron look alike partially co incident magnetic high and gravity high: Similar bulls eye shaped, sized and amplitude magnetic anomaly as Havieron · Interpreted Havieron equivalent host rock stratigraphy · Depth of post mineralisation cover 300 to 500m · No drill holes within the tenement · Diamond drilling planned to test Tetris (heritage clearance obtained) Pacman Summary of the Pacman tenement area and targets: · 653km2 tenement area located 30km east of Minyari (and 30km north along trend from Havieron) · Pacman targets with characteristics similar to Havieron and Nifty: PM1 target bulls eye magnetic high in fold nose; PM2 target gravity high with semi coincident magnetic high; and PM3 target gravity high with subtle semi coincident magnetic high · Interpreted Havieron equivalent host rock stratigraphy · Depth of post mineralisation cover 300 to 400m · No drill holes testing basement within the tenements (6 holes to a maximum depth of 75m) · Diamond drilling planned to test targets (PM2 heritage clearance obtained) Pixel Summary of the Pixel tenement area: · 29km2 tenement area located 25km northeast of Minyari · Pixel magnetic high target investigated with one drill hole; gravity high remains untested · Depth of post mineralisation cover 70 to 80m · One drill hole (an Antipa RC hole) within the tenement · Drilling options under review (heritage clearance obtained).