Announcement Date: | 2023-11-13 |
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Announcement Type: | Exploration Update |
Announcement Code: | JORC |
Company name: | New World Resources Ltd. |
Project name: | Javelin |
Location: | United States |
Commodities: | Gold,Copper,Zinc |
Highlight: | Exploration program has commenced |
Resources: | only available to subscribers |
CP/QP: | only available to subscribers |
Announcement summary: | New World Resources (ASX: NWC; “New World” or the “Company”) is pleased to announce that it has received highly encouraging assay results from initial follow-up work undertaken following completion of an Induced Polarisation (IP) geophysical survey at its Javelin VMS Project in northern Arizona, USA. In July the Company announced that it had delineated a very strong IP chargeability anomaly over an area of 1.2km x 1.0km – the “Discus IP Anomaly” (see NWC’s ASX Announcement dated 31 July 2023). The strong anomalism was evident at the northern end of the surveyed area, on five (of eleven) NW-SE oriented survey lines spaced 200-300m apart (see Figure 1). The source of the anomalism was modelled to be shallowest at the northeastern end, with it progressively deepening towards the southwest (see Figures 2-4). |
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