New World Resources Limited (AU:NWC) has released an update.
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New World Resources Limited has reached a pivotal milestone in the development of its Antler Copper Project in Arizona with the submission of the Air Quality Control Permit application to the state’s Department of Environmental Quality. The application, which aligns with the positive outcomes of the recent Pre-Feasibility Study, is a critical step towards initiating construction, and approval is anticipated in the first half of 2025. Meanwhile, the company is advancing its Definitive Feasibility Study and expects to proceed with additional permit applications and approvals throughout 2024 and 2025, reinforcing the project’s strong development potential.
For further insights into AU:NWC stock, check out TipRanks’ Stock Analysis page.
