Announcement Date: 2022-11-28
Announcement Type: Deposit Estimation
Announcement Code: JORC
Company name: New World Resources Ltd.
Project name: Antler
Location: United States
Commodities: Gold,Silver,Copper,Lead,Zinc
Highlight: Updated Resource Estimate for Project
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 a substantial increase in the JORC Mineral Resource Estimate (MRE) for its 100%-owned Antler Copper Deposit in northern Arizona, USA (“the Antler Project”) following 12 months of successful exploration drilling. The updated JORC MRE substantially increases the high-grade resource base at the project, cementing its position as one of the most significant new high-grade VMS copper projects globally, and positioning it to advance rapidly towards development with an updated Scoping Study due in Q1 2023 followed by a Pre-Feasibility Study (“PFS”) by mid-year. This will allow New World to target the resumption of mining operations at Antler and position the Company to become a high-grade copper producer – ready to take advantage of the expected surge in demand for the metal as a critical input for the global energy transition.
Read More

Pricing Plans

We are a SaaS business and access to announcements and data is by subscription. We offer monthly subscriptions and discounts for annual payments.

Standard

$ 10
Per Month

Stay up to date with the global mining industry.

  • The Opaxe Review
  • Search using Explore
  • 37,000 company announcements

Premium

$ 100
Per Month

Comes with Alerts and lots of data, perfect for: Mining Companies, Consultants, and Share Traders

  • All Essential plan features; plus
  • Announcement Alerts and Notifications
  • Drilling result comparisons
  • Downloadable intercept data
  • Resources and reserves data