Announcement Date: 2021-11-30
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: New World Resources Ltd.
Project name: Antler
Location: United States
Commodities: Gold,Silver,Copper,Lead,Zinc
Highlight: Drilling results incl. 12.73m @ 0.63% Cu, 1.71% Zn, 1.22% Pb, 56.27g/t Ag, 1.24g/t Au from 869.01m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: New World Resources Limited (“NWC”, “New World” or the “Company”) is pleased to report exceptional assay results from the deepest hole ever drilled at its 100%-owned Antler Copper Deposit in Arizona, USA, demonstrating significant potential for growth of the recently announced JORC Mineral Resource estimate. The results, from hole ANT70 targeting down-dip extensions of the Main Shoot, together with results from two additional holes targeting southern extensions of the deposit, ANT71 and ANT72, are reported in this announcement (see Tables 1 and 2). Assay results from the Main Shoot at the Antler Deposit ANT70, which is the deepest hole ever drilled at the Antler Deposit, intersected three thick intervals of mineralisation in the “Main Shoot”, having a combined thickness of 43.5m, over a 50.6m interval (down-hole) which included 3.3m and 3.9m thick intervals of unmineralised “waste” between the three mineralised intervals. Assay results show the intervals intersected comprised The mineralisation intersected in ANT70 lies about 575m vertically below the surface. Because the Antler Deposit dips at about 60ᵒ to the north-west, this equates to having defined mineralisation continuously, from surface, down-dip to a depth of more than 680m.
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