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New World Resources Ltd.
Summary
| Project: | Antler | |
|---|---|---|
| Deposit: | Antler | |
| Location: | United States | |
| Commodities: | Copper-Lead-Zinc-Silver-Gold | |
| Date: | 5/12/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-5-2020: New World Resources Ltd. announces an Exploration/Drilling Update report for its Antler deposit at the Antler project. Drilling results incl. 8.90m @ 2.62% Cu, 6.22% Zn, 0.64% Pb, 28.0 g/t Ag, 0.30 g/t Au from 197.96m. New World Resources Limit | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Patrick Siglin (Internal) | |
| ABSTRACT: | New World Resources Limited (ASX: NWC; “the Company”, or “New World”) is pleased to advise that it has received assay results for the final three of six diamond core holes drilled recently as part of its maiden drilling program at the high‐grade Antler Copper Deposit in Arizona, USA. Multiple zones of thick, high‐grade mineralisation were intersected in all three of these holes (see Figure 1). Significant intersections include: Initial drilling results further reinforce the Company’s view that there is considerable potential to bring the Antler Deposit back into production in the near‐term. Accordingly, the Company’s immediate objective remains to delineate a JORC Code Resource estimate that can be utilised in initial mining studies. Forward work programs include The immediate objective of this next phase of drilling will be to continue to improve definition of the thickness and grade of mineralisation at the northern end of the Deposit, particularly below historical stopes; including at deeper levels than the Company has drilled to date. | |
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