Australia's New World Resources gains as co extends Arizona copper project

New World Resources

26/09/2022 03:51

** Shares of copper explorer New World Resources  NWC.AX 
climb as much as 3% to A$0.034, hitting their highest since Sept
15
    ** Co says it has extended its Antler copper project in
Arizona, United States, a further 150 metres down-dip 
 urn:newsml:reuters.com:*:nASX2GyMfZ
    ** Says drilling results at Main Shoot zone in the project
increased the down-dip extent of mineralisation in area to more
than 1 kilometre (0.62 mile) 
    ** Says co will update the mineral resource estimate of
project pending further results from 11 holes
    ** Stock down 53.8% YTD, as of last close     
 (Reporting by Riya Sharma in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com;))