Announcement Date: 2022-10-11
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. 15.9m at 4.8% Cu, 10.9% Zn, 0.8% Pb, 42.6g/t Ag, 0.52g/t Au from 948.8m
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 the best-ever assay results from a single drill hole at the 100%-owned Antler Copper Deposit in northern Arizona, USA (“the Antler Project”; see Figure 1), together with assay results for a series of other holes designed to test for depth extensions. Drilling to Test for Depth Extensions of the South Shoot Assay results have been returned from a further six holes drilled to test the depth extension of the South Shoot. Exceptional results have been returned from ANT94W3 – with assays confirming that this hole intersected two thick, very high-grade intervals of mineralisation (separated by 4m of un-mineralised material), with results including Encouragingly, the results from this hole (ANT109) indicate that the thick, high-grade mineralisation that makes up the South Shoot may be extending to the south as well as at depth (see Figure 1) – with further drilling required to confirm this. Drilling to Test for Depth Extensions of a Possible Third Shoot Assay results have been received for two holes (ANT107 and ANT107W1) drilled to begin to test for the extensions of what had been interpreted to be a “possible third shoot” of thicker high-grade mineralisation at the southern end of the Deposit – testing below ANT62, which intersected (see NWC’s ASX Announcement dated 16 August 2021)
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