New World Resources Hits Best Antler Intersection

THE DRILL SERGEANT: New World Resources (ASX: NWC) reported high-grade assay results from four recently completed drill-holes at the company’s Antler copper project in Arizona, USA.

Results include those from one of the deepest holes New World has drilled to date in the Main Shoot, delivering one of the best intersections returned from the project to date.

25.4 metres at 3.13 per cent copper, 8.91 per cent zinc, 0.27 per cent lead, 19.6 grams per tonne silver and 0.26g/t gold from 559.2m (25.4m at 5.2 per cent copper equivalent).

“ANTDD202144 is one of the best holes we have drilled to date at Antler in value terms,” New World Resources managing director Mike Haynes said in the company’s ASX announcement.

“Importantly, it’s also one of the deepest holes we have drilled – and continues to demonstrate improving grade and particularly thickness of the mineralisation as we drill deeper below the historic workings.

“We are also continuing to discover additional thick, high-grade mineralisation with exploratory drilling along strike from the Main Shoot, which continues to expand and add confidence to the resource base.

“With drilling consistently delivering substantial thicknesses of very high-grade mineralisation at Antler, the project is continuing to emerge as one of the highest-grade undeveloped copper deposits globally and a very real near-term development proposition.”