Core Viewpoint - NorthWest Copper Corp. announced positive drill results from its Kwanika project, confirming the presence of higher-grade copper-gold mineralization and enhancing the project's open pit potential [1][2][3]. Group 1: Drill Results - Drill hole K-25-281 reported an intercept of 26 metres grading 0.72% Cu and 1.30 g/t Au, with a copper equivalent (CuEq) of 1.91% [1]. - Drill hole K-25-282 showed 75.7 metres of 0.93% Cu and 0.30 g/t Au, with a CuEq of 1.23% [4][20]. - Both holes demonstrated broad intervals of near-surface mineralization, indicating strong potential for a high-grade starter pit [2][4]. Group 2: Strategic Focus - The company shifted its strategy in 2025 to prioritize higher-grade zones within the existing mineralization at Kwanika, aiming to enhance the economics of a future Preliminary Economic Assessment (PEA) [3][7]. - The exploration program is designed to confirm and expand the understanding of higher-grade copper-gold mineralization, supporting alternative bulk mining methods [7][6]. Group 3: Geological Insights - Hole K-25-281 extended the upper Central Zone by 30 metres to the northeast, confirming higher-grade mineralization over substantial thicknesses [5][16]. - A potential link between the Central Zone and Pit Zone was identified, with increasing gold-to-copper ratios observed [6][19]. - Hole K-25-282 confirmed a separate, copper-dominant high-grade mineralized zone within the Pit Zone, which may extend toward the Central Zone [19][17]. Group 4: Future Plans - The company anticipates announcing initial metallurgical test results by the end of the year, which will support an updated mineral resource estimate [3]. - The objective is to deliver a more capital-efficient and economically robust development plan in the updated PEA compared to the previous assessment [3].
NorthWest Reports Results from Two Holes at Its Kwanika Property Highlighted by 26 Metres of 0.72% Copper and 1.30 g/t Gold (1.91% CuEq) from 268 Metres
Globenewswire·2025-11-27 15:07