Core Insights - NorthWest Copper Corp. reported positive drill results from its Kwanika project, with significant mineralization found in three drill holes, particularly hole K-25-275, which intersected 58 meters grading 0.96% Cu and 1.04 g/t Au, equating to 1.92% CuEq [1][2][4] Drill Results - The three drill holes exceeded expectations, expanding the quality and continuity of higher-grade near-surface mineralization, with hole K-25-284 extending Pit Zone 10 along strike and down-dip, indicating potential for future growth [2][6] - Significant intervals with higher grades were returned at shallow depths, supporting the potential for a high-grade starter pit in a future preliminary economic assessment (PEA) [2][4] Objectives and Strategy - The drill program aimed to define and expand higher-grade domains within the Pit Zone area, aligning with the company's strategy to enhance the economics of a new PEA by prioritizing higher-grade areas within the existing mineral resource [3][4] - The results from the first ten holes validate the 2025 drill program's objectives, which include improving understanding of higher-grade mineralization within the Central and Pit Zones [4][9] Geological Insights - The drill holes confirmed the presence of multiple near-surface, high-grade zones of mineralization, representing a shift from past modeling practices and enhancing future mineral resource estimates [6][7] - The exploration program is designed to confirm and expand understanding of higher-grade copper-gold mineralization, with early results indicating meaningful progress toward these objectives [9][8] Technical Details - Drill hole K-25-275 intersected a wide copper-gold zone over 58 meters, significantly wider than expected, attributed to structural thickening in the area [17][18] - Hole K-25-284 successfully extended Pit Zone 10 by 40 meters along strike and down-dip, where it remains open for further exploration [24][6] Company Overview - NorthWest Copper is focused on copper-gold exploration and development, with a portfolio of advanced and early-stage projects in British Columbia, positioning the company to capitalize on strengthening global copper and gold markets [30]
NorthWest Reports Results From Three Holes at Its Kwanika Property Highlighted by Near Surface Intercept of 58 Metres of 0.96% Copper and 1.04 G/T Gold (1.92% CuEq) From 94 Metres
Globenewswire·2025-12-10 11:00