New World Resources (ASX: $NWC) announces strong soil geochemistry anomalies

New World Resources Limited (ASX: $NWC) has reported very strong copper, zinc, lead, gold, and silver soil geochemistry anomalies over a 1,300m strike at the Javelin VMS Project in Arizona, USA. The anomalies were defined over the recently acquired area encompassing the Red Cloud VMS Deposit and the Rudkins Prospect. The company's Managing Director, Mike Haynes, expressed satisfaction with the delineation of these new anomalies, reinforcing the considerable prospectivity of the 4.5km-long corridor for VMS mineralisation. New World is rapidly generating drill targets at the Javelin Project and plans to expand the drilling program to test the very strong IP anomaly at the Discus Prospect and explore additional mineralisation under the Red Cloud Deposit.

Executive commentary on Javelin VMS Project

New World's Managing Director, Mike Haynes, highlighted the company's recent acquisition of a 100% interest in the high-grade Red Cloud VMS Deposit and the Rudkins Prospect. He expressed satisfaction with the delineation of new, very strong, continuous multi-element soil geochemistry anomalies over a 1.3km trend, further reinforcing the considerable prospectivity of the 4.5km-long corridor for VMS mineralisation. Haynes emphasized the rapid generation of drill targets at the Javelin Project and the expansion of the drilling program to explore additional mineralisation under the Red Cloud Deposit, aiming to discover further high-grade mineralisation.

Summary of the announcement

New World Resources (ASX: $NWC) has announced the delineation of very strong copper, zinc, lead, gold, and silver soil geochemistry anomalies over a 1,300m strike at the Javelin VMS Project in Arizona, USA. The company's Managing Director, Mike Haynes, expressed satisfaction with the delineation of these new anomalies, reinforcing the considerable prospectivity of the 4.5km-long corridor for VMS mineralisation. The company plans to expand the drilling program to explore additional mineralisation under the Red Cloud Deposit and undertake an Induced Polarisation geophysical survey to define areas of concentrated sulphide-rich mineralisation. New World's district-wide growth strategy includes further exploration at the Javelin Project to potentially enhance the economics of developing the Antler Project. The company cautions that forward-looking statements involve known and unknown risks and uncertainties, and it does not undertake to update or revise forward-looking statements.