New World Resources advances copper project

New World Resources (ASX:NWC) has reached a critical milestone at its Antler Copper Project in northern Arizona. The Arizona Department of Environmental Quality confirmed that the company's Aquifer Protection Permit application is Technically Complete. This permit is essential for adhering to environmental regulations concerning groundwater management. Its completion is a significant step in the project's development.

Overview and future outlook of New World Resources

New World Resources has made substantial progress with its Antler Copper Project, achieving a Technically Complete status for its Aquifer Protection Permit. This marks a vital step in ensuring environmental compliance. The project, located in northern Arizona, is among the highest-grade copper deposits globally. A Definitive Feasibility Study is underway, alongside exploration and permitting efforts. The company aims to begin mining operations by the end of 2025, with robust economic projections outlined in their Preliminary Feasibility Study. New World Resources remains committed to environmental stewardship and operational excellence as it continues to explore and expand its resources.

Executive insights on project progress

The completion of the Aquifer Protection Permit application is a testament to the project's design and the high environmental standards we are committed to maintaining. We appreciate the supportive regulatory environment in Arizona, which facilitates our efforts to advance the Antler Copper Project efficiently and responsibly.