Trident Royalties PLC


Antler Copper Royalty

Trident owns a 0.90% NSR royalty over New World Resources Ltd.’s Antler Copper Project located in Arizona, USA. Trident also holds a 0.45% NSR royalty over any ground subsequently acquired by New World within 5km of the project area.

Antler Copper Royalty

The Antler Project is an advanced stage, high-grade, copper-zinc rich polymetallic deposit containing copper, zinc, lead, gold and silver.  The project is located in an attractive mining jurisdiction with high-quality existing infrastructure.  In addition, mine development and surface infrastructure will be located on privately owned land, which is currently owned or controlled by New World, thereby streamlining the permitting process.

April 2024

Recent news

New World completed a A$20M placement. Proceeds from the raise will be used to accelerate exploration drilling, reserve definition drilling, project development work and mine permitting at Antler.

March 2024

Recent news

New World completed additional drilling at Antler and intersected further high-grade mineralization including:

• 33.9m grading 3.2% Cu, 12.4% Zn, 2.6% Pb, 85.1 gpt Ag and 0.36 g/pt Au

• 3.4m grading 4.6% Cu, 7.7% Zn, 1.1% Pb, 42.1 gpt Ag and 0.26 gpt Au

New World also reiterated the pre-feasibility study for Antler is on track for completion in Q2 2024.

January 2024

Recent news

New World submitted its initial application as part of the approval process to develop and mine at Antler. The submission of this initial application, which is expected to have the longest approval lead-time of all the requisite permits, marks a major milestone towards development of Antler.

Submission of additional permit applications to other regulatory authorities will continue through 2024. Exploration and resource expansion drilling continue in parallel with the mine approval process.

May 2023

Recent news

New World completed an enhanced scoping study which highlighted strong project economics.

• A pre-tax NPV@7% of US$835M and a low capital expenditure of US$252M, delivering an IRR of 40.2%.

• 50% of expected revenue from copper and 38% from zinc, with by-product credits from lead, gold and silver.

• 13-year mine life with average annual production of 32,700t copper equivalent (over years 2-11).

OperatorNew World Resources Limited
Mining TypeUnderground

Location Map

Mineral Reserve Statement

Measured & Indicated9.06Mt @ 2.25% Cu, 5.11% Zn, 0.90% Pb, 0.40gpt Au, 35.94gpt Ag
Inferred2.37Mt @ 1.55% Cu, 4.46% Zn, 0.85% Pb, 0.17gpt Au, 21.32gpt Ag
Total11.44Mt @ 2.10% Cu, 4.97% Zn, 0.89% Pb, 0.36gpt Au, 32.90gpt Ag

Source: Capital IQ