- NorthWest Copper (NWST) released assays from the first three holes of its 2022 Kwanika drilling program
- All three drillholes encountered significant copper-gold grades
- The rest of the drill program is testing larger step-outs and for new zones of mineralization throughout the area
- NorthWest is a copper-gold explorer and developer with several projects in British Columbia
- Shares of NorthWest Copper Corp. (NWST) are up 8.33 per cent, trading at $0.39 at 11:30 am ET
NorthWest Copper (NWST) released assays from the first three holes of its 2022 Kwanika drilling program.
All three drillholes encountered significant copper-gold grades in the southern part of the deposit, which, expands the footprint of mineralization and increases the confidence in the Kwanika Mineral Resource Estimate.
Highlights:
- K-22-227: 22.65 metres of 0.61 per cent Copper Equivalent (CuEq)
- K-22-228: 19.15 metres of 1.01 per cent CuEq within a broader interval
- K-22-229: 20.00 metres of 1.06 per cent CuEq and 15.70 metres of 1.21 per cent CuEq, both within a broader interval
The 2022 Kwanika drill program includes holes designed to expand the known resource, to add new high-grade zones within and around the known resource, and to test for new centres of mineralization regionally.
The rest of the drill program is testing larger step-outs and for new zones of mineralization throughout the area.
The company’s President and CEO, Peter Bell called this just the first piece of news from the 2022 Kwanika drill program, where the team has already completed 25 holes.
“Kwanika continues to deliver high grades with multiple plus 1 percent copper equivalent intervals. We look forward to more positive drill results from all our projects as we continue to progress the 2022 program.”
NorthWest is a copper-gold explorer and developer with several projects in British Columbia. Kwanika and the adjacent Stardust deposit are its current flagship projects.
Shares of NorthWest Copper Corp. (NWST) are up 8.33 per cent, trading at $0.39 at 11:30 am ET.
