New World Resources (ASX: NWC) has secured additional mineral rights for its Antler Copper Project in Arizona, USA. The rights encompass a 1,600m x 1,600m area located <150m south of the current Antler Copper Deposit and an area several hundred meters due east of the deposit. These new mineral rights offer the potential to discover extensions to or repetitions of the Antler Deposit, given the strong copper and zinc geochemical anomalies that coincide with the deposit and extend into these new areas.
New World plans to conduct systematic soil geochemistry sampling, geologic mapping, detailed aeromagnetic surveying, and Induced Polarisation (IP) geophysical surveying as part of its exploration program. The company believes that there is considerable potential for discovering additional Volcanogenic Massive Sulphide (VMS) mineralization within the new areas, which could contribute to the expansion of its high-grade resource base.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
