New World Resources has shifted focus towards permitting and funding of its Antler Cu-Zn-Pb-Au-Ag project located in Arizona. Grant of the submitted Antler Air Quality Permit is expected during the first half of CY25 and would enable construction of project to begin. The recently completed Antler PFS resolved a Post-Tax NPV7 of US$636M/A$929M with an upfront US$298M capital spend. Argonaut expects a funding solution to the project might include contributions from a project partner and/or non-dilutive streaming or royalty agreement.
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