Ann: Permit Granted for Drilling in the Roadrunner Area, page-2

Good start for 2024.
Highlights  Approval given for New World to drill-test multiple high-priority VMS exploration targets delineated over 5km of strike immediately to the north-east of its very high-grade Antler Copper Deposit in Arizona – within the newly-named “Roadrunner Area”.  Four high-priority, undrilled and coincident soil geochemistry/IP geophysical anomalies have been delineated in the Roadrunner Area.  Earthworks and site preparations will now be undertaken so that drilling can commence at these targets in the coming months.  Acquisition of IP, magnetic and soil geochemistry data over recently acquired Private Blocks A and B, immediately south and east of the Antler Copper Deposit, is nearing completion: • This work has deliberately been expedited so that any anomalies and targets generated in these new areas can be compared with the four targets in the Roadrunner Area, allowing the Company’s best targets to continue to be prioritised for initial drill-testing.  The diamond core rig that has been drilling at the Antler Deposit over recent months has now been mobilised to the Company’s very high-priority Discus Prospect: • An initial 4-6 hole, ~1,500m drilling program will commence in the first week of January 2024.  Drill-testing of the extensional targets at Antler and the new satellite targets in the Roadrunner Area will follow immediately thereafter.