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- New World Resources (NWC) has intersected its widest sulphide intercept to date at the highly prospective Antler Copper Project in Arizona
- 16 metres of sulphide mineralisation was intersected from 383 metres downhole
- Importantly, this is the deepest hole the company has drilled to date
- Assays are still pending for seven drill holes — all of which intersected massive sulphide mineralisation
- Drilling at the Antler Copper Project is ongoing
- Company shares closed 5.26 per cent in the green with shares sitting at two cents each
New World Resources (NWC) has intersected its widest sulphide intercept to date at the highly prospective Antler Copper Project in Arizona.
This follows an announcement made on July 7 regarding the intersection of further massive sulphides up to 5.5 metres thick.
A continuous interval of more than 16 metres of mineralisation was intersected from 383 metres downhole in ANTRDD202014. This includes multiple zones of massive and semi-massive sulphides
A deeper, 1.5 metre-thick interval of mineralisation from 423.3 metres downhole was also encountered in a new mineralised zone that has seen very limited exploration.
New World Resources finds this discovery highly encouraging because it’s the thickest interval reported to date from any and all drilling conducted at Antler. The hole also intersected mineralisation a further 40 metres below the mineralisation found in the previous deepest hole – ANTRCDD202009.
The intersection also confirms the mineralisation extends to at least 380 metres down-dip from surface and at least 225 metres down-dip from the historical stopes.
Ultimately, these findings support the potential for a ‘sizeable’ mineral resource at the Antler Copper Project, which is part of New World’s strategy to restart mining at the project.
Assays are expected for seven drill holes — all of which intersected massive sulphide mineralisation. Drilling at the Antler Copper Project is ongoing.
Company shares closed 5.26 per cent in the green with shares sitting at 2 cents each.
