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Redeveloping the Antler Copper Deposit in Arizona, USA – One of the Highest-Grade Emerging Copper Development Projects in the World
Antler Copper Project, Arizona, USA
- JORC Resource: 11.4Mt @ 2.1% Cu, 5.0% Zn, 0.9% Pb, 32.9 g/t Ag and 0.36 g/t Au
(11.4Mt @ 4.1% Cu-equivalent) - Mineralisation remains open at depth and along strike
- Very robust economics for project development:
- Initial 13-year mine life
- US$3bn Revenue
- US$1.5bn Free Cash Flow (undiscounted, pre-tax)
- NPV7 US$835m (pre-tax)
Javelin VMS Project, Arizona, USA
- Strategic land position 75km SE of the Antler Copper Project, in a district where historic production from 6 high-grade VMS deposits is recorded
- New World’s project area includes the Red Cloud Deposit, where 200 tonnes were mined previously at 6.4% Cu, 2.7% Zn, 23.6 g/t Ag and 2.6 g/t Au
- Excellent exploration potential, with a very strong, undrilled, 1.2km x 1.0km IP chargeability anomaly overlain by extensive alteration and mineralisation, with rock samples assaying up to 15.0% Cu, 3.5% Zn, 180 g/t Ag and 2.14 g/t Au
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