ANTIPA MINERALS LIMITED — Call Transcript 2022

Aug 30, 2022

31 August 2022

MINYARI DOME SCOPING STUDY INVESTOR CONFERENCE CALL DETAILS

Antipa Minerals Limited (ASX: AZY) ( Antipa or the Company ) advises that it will be hosting an investor conference call to discuss the key outcomes from the recently completed Scoping Study on a stand-alone development of its 100%-owned Minyari Dome Gold Project in the Paterson Province of Western Australia.

Roger Mason (Managing Director), Mark Rodda (Executive Director) and Luke Watson (Chief Financial Officer and Company Secretary) will host the conference call at 11.00am AEST (9.00am AWST) on Thursday, 1 September 2022. The conference call will include Q & A participation capacity.

Please note that attendees are required to pre-register for the call via the following link:

https://s1.c-conf.com/diamondpass/10025043-hs025f.html

Attendees will receive dial-in details upon completion of the brief pre-registration.

A recording of the call will also be made available on Antipa’s website (www.antipaminerals.com.au) following the call and accessible at any time.

Release authorised by Roger Mason Managing Director

For further information, please visit www.antipaminerals.com.au or contact:

Roger Mason Mark Rodda Michael Vaughan Managing Director Executive Director Media Relations Antipa Minerals Ltd Antipa Minerals Ltd Fivemark Partners +61 (0)8 9481 1103 +61 (0)8 9481 1103 +61 (0)422 602 720

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, NewcrestGreatland Gold’s Havieron gold-copper deposit 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 ~5,100km[2] , including the ~1,200km[2] Citadel Joint Venture Project with Rio Tinto (who currently holds a 65% joint venture interest), the ~2,200km[2] 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 ~1,500km[2] 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). Antipa retains 144km[2] of 100%-owned Minyari Dome Project tenements which contains an established Mineral Resource, with the Minyari and WACA deposits containing 1.8 million ounces of gold and 64,300 tonnes of copper plus other deposits and high quality exploration targets. 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. Unlike certain parts of the Paterson where the post mineralisation (younger) cover can be kilometres thick, making for difficult exploration, the Company’s combined 5,100km[2] tenement portfolio features relatively shallow cover; approximately 80% being under less than 80 metres of cover. Extensive drilling programmes, geophysical and surface geochemical surveys are planned for 2022 across Antipa’s combined Paterson tenement portfolio as the company pursues a multi-layered strategy of targeting tier-one greenfields discoveries, growing its existing resources through brownfields exploration and advancing potential development opportunities.

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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 – Mineral Resource Estimations for the Minyari Dome Project Deposits, Calibre Deposit, Magnum Deposit and Chicken Ranch Area Deposits and Tim’s Dome Deposit: The information in this document that relates to the estimation and reporting of the Minyari Dome Project deposits Mineral Resources is extracted from the report entitled “Minyari Dome Project Gold Resource Increases 250% to 1.8 Moz” created on 2 May 2022 with Competent Persons Ian Glacken, Jane Levett, Susan Havlin and Victoria Lawns, the Tim’s Dome and Chicken Ranch deposits Mineral Resources is

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extracted from the report entitled “Chicken Ranch and Tims Dome Maiden Mineral Resources” created on 13 May 2019 with Competent Person Shaun Searle, the Calibre deposit Mineral Resource information is extracted from the report entitled “Calibre Gold Resource Increases 62% to 2.1 Million Ounces” created on 17 May 2021 with Competent Person Ian Glacken, and the Magnum deposit Mineral Resource information is extracted from the report entitled “Calibre and Magnum Deposit Mineral Resource JORC 2012 Updates” created on 23 February 2015 with Competent Person Patrick Adams, all of which are available to view on www.antipaminerals.com.au and www.asx.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the estimates in the relevant original market announcements continue to apply and have not materially changed. 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.

The information in this report that relates directly to the Scoping Study report was compiled by Mr. Roger Mason, a Competent person who is a Member of The Australasian Institute of Mining and Metallurgy. Mr. Mason is employed as Managing Director of Antipa Minerals Ltd and has sufficient experience in the development of gold projects from the studies phase to the operational phase and consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Gold Metal Equivalent Information – Magnum, Calibre and Minyari Dome Mineral Resources Gold Equivalent cut-off grades: Gold Equivalent (Aueq) details of material factors and metal equivalent formulae for the Magnum, Calibre and Minyari Dome Mineral Resources are reported in the following reports which are available to view on www.antipaminerals.com.au and www.asx.com.au:

• Calibre and Magnum Mineral Resources JORC 2012 Updates

• Calibre Gold Resource Increases 62% to 2.1 Million Ounces

• Minyari Dome Project Gold Resource Increases 250% to 1.8 Moz

• 23 February 2015 17 May 2021 2 May 2022

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Antipa Minerals Ltd Paterson Province Project Portfolio Mineral Resource Estimates

Minyari Dome Project (100% Antipa)

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*0.5 Au Equiv = Using a 0.5 g/t gold equivalent cut-off grade above elevations ranging from the 0mRL to the 150mRL (NB: potential “Open Cut” cut-off grade) and 1.5 Au Equiv = Using a 1.5 g/t gold equivalent cut-off grade below elevations ranging from the 0mRL to the 150mRL (NB: potential “Underground” cut-off grade). Cut-off grade elevations for each deposit are 0mRL for Minyari, 100mRL for WACA, Sundown and WACA West, and 150mRL for Minyari South

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Wilki Project (Newcrest Farm-in)

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**0.5 Au = Using a 0.5 g/t gold cut-off grade above the 50mRL (NB: potential “Open Cut” cut-off grade) Note: Wilki Project Mineral Resources are tabled on a 100% basis, with Antipa’s current joint venture interest being 100%

Citadel Project (Rio Tinto JV)

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***0.5 AuEquiv = Refer to details provided by the Notes section

Note: Citadel Project Mineral Resources are tabled on a 100% basis, with Antipa’s current joint venture interest being 35%

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