NWC 9.52% 2.3¢ new world resources limited

Ann: Outstanding Wide Intercepts in Deepest Hole at Antler, page-19

  1. 8,343 Posts.
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    From a mining perspective it looks great, big blocks down there and if we add it all together ANT70 is around 50m @ 2% CuEq which looks to be close to true width. I don't know what others are thinking but that's a chunky hit for the inventory and very minable around 500m below surface (AIS are mining 1.3% +1,000mbs).

    Think about it this way (we like to call it Mike's Box) - '50m x 50m x 100m' block is 875Kt and almost a years worth of production.

    https://hotcopper.com.au/data/attachments/3847/3847458-3a643343ef1a9a4b04c7d0226088a7c8.jpg

    On grade: the other holes on main shot are variable, next hole 20m away could go twice the grade and then that would be something (think DeGrussa).

    https://hotcopper.com.au/data/attachments/3847/3847401-ee7b9a07f28d0f12118a24edce22d1a9.jpg

    I've been sitting on my free carry for a long time, think I might start adding cause I can see Antler getting really BIG really fast and then that's when the larger players come knocking ;-)

 
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