공시 • Mar 19
New World Resources Limited Reports Significant New High-Grade Assay Results from Nine Recently Completed Drill-Holes at the Antler Copper Project in Arizona, USA
New World Resources Limited reported significant new high-grade assay results from nine recently completed drill-holes at the Antler Copper Project in Arizona, USA. Recent drilling has been targeting: (i) Extensions of the very thick, high-grade mineralization that extends down-dip from the historical workings, which remains completely open at depth - the "Main Shoot"; and (ii) The poorly explored strike extensions of the Antler Deposit, particularly to the south, where, exploratory drilling in late 2020 discovered a new shoot of thicker mineralization that remains open at depth - the "South Shoot". New Assays Drilling to the South of the Historical Workings: Having completed ground magnetic and Induced Polarisation surveys over and along strike from the Antler Deposit between June and September 2020, the company began drilling in the area to the south of the historical workings in October, to test for strike extensions of the mineralization. The first hole the company drilled in this area (ANTDD202026) intersected a thick zone of mineralization, with (previously reported) assay results comprising: 22.4m @ 1.13% Cu, 4.08% Zn, 0.42% Pb and 18.6 g/t Ag (22.4m @ 2.2% Cu equivalent) including 8.6m @ 2.28% Cu, 3.93% Zn, 0.79% Pb and 33.8 g/t Ag (8.6m @ 3.2% Cu equivalent) and 5.4m @ 0.88% Cu, 9.67% Zn, 0.07% Pb and 5.9 g/t Ag (5.4m @ 3.4% Cu equivalent). New World has subsequently drilled a series of follow-up holes to explore for the extensions of this thick, high-grade mineralization. Assay results have now been received for six of the initial holes drilled around ANTDD202026 (ANTRCDD202028,
ANTRCDD202029, ANTDD202030, ANTDD202031, ANTDD202033 and ANTDD202136). Significant mineralization was intersected in all these holes, with exceptional results returned from ANTDD202030, which intersected two very high-grade zones of mineralization only 8m apart, comprising: 6.2m @ 4.05% Cu, 12.13% Zn, 1.59% Pb, 50.9 g/t Ag and 0.24 g/t Au from 343.4m (6.2m @ 7.2% Cu equivalent); and 6.7m @ 5.87% Cu, 13.74% Zn, 0.18% Pb, 41.1 g/t Ag and 0.30 g/t Au from 357.8m (6.7m @ 8.9% Cu equivalent). Other significant assay results from these holes include: 3.9m @ 0.98% Cu, 5.36% Zn, 0.86% Pb, 23.2 g/t Ag and 0.06 g/t Au from 348.5m (3.9m @ 2.5% Cu equivalent); and 1.6m @ 3.05% Cu, 14.13% Zn, 1.28% Pb, 41.5 g/t Ag and 0.17 g/t Au from 355.2m (1.6m @ 6.6% Cu equivalent) in ANTRCDD202029; 1.6m @ 5.09% Cu, 15.09% Zn, 0.78% Pb, 42.6 g/t Ag and 0.23 g/t Au from 353.9m (1.6m @ 8.6% Cu equivalent) in ANTRCDD202028; and 0.3m @ 0.16% Cu, 4.34% Zn, 1.09% Pb, 50.0 g/t Ag and 0.02 g/t Au from 319.0m (0.3m @ 1.7% Cu equivalent); and 0.95m @ 0.13% Cu, 0.11% Zn, 3.12% Pb, 112 g/t Ag and 0.16 g/t Au from 327.7m (0.95m @ 1.4% Cu equivalent); and 1.8m @ 3.12% Cu, 8.19% Zn, 1.07% Pb, 38.6 g/t Ag and 0.15 g/t Au from 329.9m (1.8m @ 5.2% Cu equivalent) in ANTDD202136. These were exploratory holes that have successfully facilitated the discovery of a second thicker shoot of high-grade mineralization the "South Shoot", located only about one hundred metres south of the "Main Shoot". New Assays "Main Shoot": For the past 6-8 months, the Company has been systematically drilling deeper holes below the historical workings at the Antler Deposit to further evaluate a continuous, thick, shoot of high-grade mineralization that remains open at depth the "Main Shoot". Recent (previously reported) assay results from the deeper levels of this "Main Shoot" include: Recent (previously reported) assay results from the deeper levels of this "Main Shoot" include: (23.3m @ 6.7% Cu equivalent) in ANTRCDD202020; and 2.3m @ 0.35% Cu, 3.88% Zn, 3.02% Pb, 136.2 g/t Ag and 0.70 g/t Au from 448.3m (2.3m @ 3.5% Cu equivalent); 23.1m @ 2.56% Cu, 5.57% Zn, 0.66% Pb, 36.1 g/t Ag and 0.30 g/t Au from 456.3m (23.1m @ 4.5% Cu equivalent); AND 3.4m @ 4.35% Cu, 5.82% Zn, 0.91% Pb, 34.9 g/t Ag and 0.35 g/t Au from 484.8m (3.4m @ 6.2% Cu equivalent) in ANTDD202021. The company subsequently drilled ANTRCDD202025 which deviated notably from its intended course, before intersecting mineralization approximately 25m north of the intersection in ANTDD202021, approximately 400m below surface. Assay results have now been received for ANTRCDD202025, with significant results including: 19.3m @ 1.56% Cu, 5.87% Zn, 1.13% Pb, 34.4 g/t Ag and 0.17 g/t Au from 465.0m (19.3m @ 3.3% Cu equivalent); and 3.3m @ 2.72% Cu, 4.80% Zn, 0.09% Pb, 10.4 g/t Ag and 0.14 g/t Au from 494.5m (3.3m @ 3.7% Cu equivalent). Notably, the company has subsequently completed two deeper holes targeting extensions of the mineralization down-dip from ANTRCDD202025. These holes intersected: 24.5m of copper and zinc- rich massive sulphides in ANTDD202144 (assays pending). This intersection is approximately 70m down plunge from the mineralization intersected in ANTRCDD202025; and A total of more than 17 metres of very well mineralized material within an overall 30m-thick mineralized interval in ANTDD202153. This intersection is approximately 65m down-dip from the mineralization intersected in ANTDD202144 (assay results are also pending and expected in April 2021). The Company also recently received assay results for ANTDD202135 which was drilled earlier this year as part of the evaluation of the shallower parts of the Main Shoot. A very significant interval of high-grade mineralization has been intersected, with assays including: 7.1m @ 5.85% Cu, 15.20% Zn, 0.93% Pb, 47.8 g/t Ag and 0.55 g/t Au from 288.95m (7.1m @ 9.5% Cu equivalent). This adds thick, high-grade mineralization to the resource base, in reasonably close proximity to the historical underground workings. As this mineralization is reasonably shallow, it is likely to be important in the
early years of a potential mining operation.
