New World Resources Limited (ASX:NWC)

ALERT: Price-sensitive ASX Announcement for NWC

Current share price for NWC : $0.067 0 (0%)⁺

Announcement

Quarterly Activities/Appendix 5B Cash Flow Report

Release

29 Jul 2025 8:45AM

Price at Release

$0.067

Full Release

Summary

This report outlines the quarterly activities and Appendix 5B cash flow for New World Resources Limited for the quarter ended 31 March 2023. During the quarter, the company progressed exploration and development activities at its Antler Copper Project in Arizona, USA, with the completion of significant infill and extensional drilling. Permitting and development activities advanced with the submission of regulatory documents and infrastructure planning. The company continued with project financing initiatives and maintained engagement with stakeholders and regulatory bodies. Financially, the report details expenditures on exploration and evaluation, administration, and operating activities, as well as the company’s cash position at the end of the quarter.

Key Points

Quarter covers activities to 31 March 2023.
Ongoing exploration and drilling at Antler Copper Project in Arizona.
Completion of significant infill and extensional drilling programs.
Advancements in permitting, regulatory submissions, and project infrastructure planning.
Project financing and stakeholder engagement activities continued.
Detailed cash flow analysis included, covering exploration, evaluation, and administration expenses.
End-of-quarter cash position reported.
No mining production or development revenue received during the quarter.
Expenditure on exploration and evaluation was the major outflow.
Appendix 5B included as required under ASX Listing Rules.

IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.