New Mineral Rights Expand Exploration Potential at Antler Copper Project

Nov 09, 2023

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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