✦ Mike Haynes, Managing Director and CEO of New World Resources Limited (ASX:NWC) brings exciting updates about their Antler VMS project.
In April 2021, we heard Mike Haynes speak about how the Antler Project was acquired and how it was going to add significant value to the company. Listen to the conversation here.
So it is really exciting that the Antler story has now moved through the Scoping Study stage and subsequently declared a larger resource. What is brilliant is New World Resources Limited´s story is a really convincing one when you examine the Scoping Study results with Mr. Haynes. In my research on the company (I always advocate DYOR for investors), I saw great numbers coming out of the Scoping Study. And they are only going to get better with the larger resource. Definitely lots there to get curious about and I encourage investors to ask Mr. Haynes questions.
Find out what makes the Antler Copper Project in Arizona, USA so unique in grade and resource.
It hasn't been easy finding a decent copper story. Ask investors in the Australian Stock Exchange (ASX) and they'll tell you it's a struggle. The last company that was not considered a major is being taken over. That is Oz Minerals Limited (ASX: OZL). There is now a big gap in the market.
There's also Sandfire Resources Limited (ASX: SFR) on the next level, and we can look at Aeris Resources Limited (ASX: AIS) which is another 'small' copper producer on this scale. And that's pretty much it. New World Resources Limited is positioned to rapidly fill that gap.
It's worth the effort to look at companies that have a long life and the potential to make their dream - to fill the imminent copper supply gap, come true. So listen to the story of New World Resources Limited.
Get curious about the updates in this video.
Chapters
00:00 Start
00:20 Introduction
01:16 Recap of the Antler Copper Project.
07:03 How is the geology?
09:17 Good grade numbers.
11:31 Explaining the share price to investors.
14:50 The high grade variation issue.
16:43 Scoping Study results.
17:58 How good is the Antler Copper project in terms of numbers?
24:54 Any potential hiccups?
26:46 How much movement will we see in the numbers?
30:13 Any concerns about future funding?
34:38 News flow.
36:45 Why New World Resources Limited?
37:28 Conclusion
About Mike Haynes
Managing Director and CEO
Mr Haynes has more than 25 years’ experience in the international resources industry. He graduated from the University of Western Australia with an honours degree in geology and geophysics and has explored a wide variety of ore deposit styles throughout Australia and extensively in Southeast and Central Asia, Africa, Europe, South and North America.
Mr Haynes has held technical positions with both BHP Minerals and Billiton plc. He has worked extensively on project generation and acquisition throughout his career. During the past 17 years he has been intimately involved in the incorporation and initial public offerings of numerous resources companies, and in the ongoing financing and management of those and other companies.
About New World Resources Limited
New World Resources Limited is an Australian company focused on the exploration and development of mineral resources projects in North America.
It is listed on the Australian Securities Exchange under the code NWC.
On 14 January 2020 New World Resources Limited announced that it had executed an agreement that provides it with the right to acquire a 100% interest in the high-grade Antler Copper Deposit in Arizona, USA. In October 2021, after 18 months of exceptional results, New World exercised its option and took 100% ownership of Antler.
The Antler Copper Project in Arizona, USA.
Please refer to their presentation of 12th December 2022
Contact New World Resources Limited
a/ Unit 24-26, Level 3
22 Railway Road
Subiaco, WA 6008
t/ +61 8 9226 1356
Disclaimer
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About the Author
Noel Ong, CEO of Samso tells compelling stories by engaging business leaders to reveal insights beneficial to the investment community.
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