New World Resources Limited (AU:NWC) has released an update.
New World Resources Limited has announced the deployment of a third drill rig to expedite exploration and development at its Antler Copper Project in Arizona, signaling a robust move towards increasing its high-grade mineral resource base and advancing towards production. The company is finalizing a Pre-Feasibility Study with plans to commence Ore Reserve definition drilling, alongside ongoing exploration aimed at expanding the resource base. This strategic enhancement in drilling capacity is set to bolster confidence in the project’s potential and attract favorable project financing terms.
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