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New World Resources Limited ( (AU:NWC) ) has shared an announcement.
New World Resources Limited has identified significant gold mineralization at the Antler Copper Project, which was previously unexplored for gold. This discovery, located near planned underground development, has the potential to enhance the mine’s inventory and economic returns. The company is conducting further exploration to refine the resource model and incorporate the findings into their feasibility studies. This advancement underscores the project’s exploration potential and could positively impact the company’s economic evaluations and development opportunities.
More about New World Resources Limited
New World Resources Limited is involved in the mining industry, focusing on copper, gold, and zinc projects. The company operates several projects in the USA, including the Antler Copper Project, Javelin VMS Project in Arizona, and Tererro Copper-Gold-Zinc Project in New Mexico. It aims to enhance its market position by expanding resource potential and improving project economics.
YTD Price Performance: 0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €28.95M
For a thorough assessment of NWC stock, go to TipRanks’ Stock Analysis page.