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Northwest Copper (TSXV:NWST) assays new copper-gold-silver at Stardust deposit

Market News, Mining
TSXV:NWST
09 January 2023 15:30 (EDT)
NorthWest Copper Corp. - President & CEO, Peter Bell (right).

Source: NorthWest Copper.

NorthWest Copper (NWST) has found high-grade copper in the second set of results from the 2022 Stardust drilling program on the 421 zone in British Columbia.

Specifically, the main hole DDH22-SD-484 found 41.20 metres of 3.20 per cent copper equivalent over 41.20 metres from 722.00 metres, which included 25.60 per cent copper equivalent over 0.55 metres.

The hole also saw gold-silver mineralized intercepts from 171.65 metres and 564.30 metres which had low to average grades.

This hole was designed to cut through the 421 zone from a different direction than all previous drilling and highlighted the thickness, grade, and continuity of the zone.

The company stated the 421 zone forms the core of the Stardust deposit, which is one of the highest-grade copper-gold deposits in the province.

Source: NorthWest Copper Corp.

Peter Bell, President and CEO of NorthWest Copper, commented,

“The grades in the main intercept are very high, consistent with what we have seen before in the 421 zone and gives us further confidence… We are also highly encouraged by the gold dominant intercepts found away from 421 zone, which provide additional targets within Stardust.”

Stardust remains open down plunge and along strike. The Stardust and Kwanika deposits are the subject of NorthWest Copper’s preliminary economic assessment, which was released last week.

NorthWest Copper Corp. (NWST) is up 3.75 per cent, trading at $0.21 per share as of 3:10 p.m. EST.


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