NWC 0.00% 2.1¢ new world resources limited

Ann: Initial Mine Permit Application Submitted for Antler Deposit, page-7

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  1. 3,972 Posts.
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    15 months for State approvals.
    Federal approvals longer.

    Moss mine up the road was 18 months for a gold mine that was open cut and had to use cyanide, we don't.

    Copper and Zinc are critical metals so may get expedited and we are less surface impact. It is dealing with the government so never clear timelines, (18 to 24 months is a good range) they do not not operating like a private entity so govt time is not same as private time.

    What is good though, in the meantime Mike and team are actively exploring to add more value and tonnages to an already robust project (they will add more tonnes as they go deeper, but that will extend LOM as mining ramps up) that is on a mining trajectory, anything that adds maximum upside value to the project for a better return sounds good to me.

    Less sooking from wanna be cyber geos (call the company for a change before opening gobs) and let's just await the news flow from the new areas.

    Looking forward to the Quarterly when it drops.






    Last edited by BaltasarG: 30/01/24
 
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