Source: New World Resources
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • New World Resources (NWC) has received high-grade assays from an additional seven drill holes at the Antler Copper Project in Arizona
  • High-grade mineralisation was intersected in all holes with results peaking at 4.6 per cent copper equivalent
  • New World is continuing to drill at the Antler Project to evaluate the depth and strike extensions of the recently intersected thick mineralisation
  • Company shares are steady and are trading for three cents each just before market close

New World Resources (NWC) has received high-grade assays from an additional seven drill holes at the Antler Copper Project.

Antler is located in north-western Arizona, USA, and lies between two private mining claims that cover an area of 40 square kilometres.

High-grade mineralisation was intersected in all holes with results peaking at 4.6 per cent copper equivalent from hole ANTRCDD202014.

This is broken down into 6.72 per cent zinc, 2.63 per cent copper, 0.64 per cent lead, 26.9g/t silver, and 0.26g/t gold.

Other significant results come from hole ANTRCDD202009 which returned a result of 7.3 metres at 3.2 per cent copper equivalent – 3.11 per cent zinc, 2.26 per cent copper, 0.19 per cent lead, 15.6g/t silver, and 0.18g/t gold.

Together with results from recently completed hole ANTRCDD202017, which intersected 24 metres of continuous mineralisation, these results have confirmed that the mineralisation is improving in quality at depth.

These holes were drilled to begin the evaluation of a high-grade plunging shoot that had been identified from previous drilling programs.

Assay results from hole ANTRCDD202017, and eight other recently completed holes, are pending and are expected in the upcoming weeks.

New World is continuing to drill at the Antler Project to evaluate the depth and strike extensions of the recently intersected thick mineralisation.

Company shares are steady and are trading for three cents each at 3:41 pm AEST.

nwc by the numbers
More From The Market Online

MAX Power Mining: Could Natural Hydrogen Help Power the Next Generation of AI?

As artificial intelligence drives demand for computing power, MAX Power Mining Corp.
The Market Online Video

Haranga’s New MD & CEO on Unlocking Value at the Lincoln Gold Project

Haranga Resources (ASX: HAR) has appointed Patrick Mootz as its new Managing Director and CEO, bringing extensive mining development and operational experience
The Market Online Video

iTech Minerals: New Gold Shoot adds to Sabre prospect potential

iTech Minerals (ASX: ITM) is finding more gold and antimony at depth at its Sabre project in the Northern Territory, with drilling
The Market Online Video

Kaoko Metals: First Chalkos drilling confirms shallow copper-silver mineralisation

Kaoko Metals (ASX: KAO) Managing Director Gerard O’Donovan joins The Watchlist to discuss the first assay results from the company’s maiden drilling