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

Rhea-AI Summary

NorthWest (OTC: NWCCF) reported drill results from two 2025 holes at its 100% owned Kwanika project on Nov 27, 2025, highlighted by 26 m of 0.72% Cu and 1.30 g/t Au (1.91% CuEq) from 268 m in hole K-25-281 and 75.7 m of 0.93% Cu (1.23% CuEq) from 22.3 m in K-25-282. Both holes returned broad near-surface copper-gold mineralization and K-25-281 extended the Central Zone ~30 m to the northeast.

The release notes improved confidence in higher-grade domains, ongoing metallurgical test work, and plans to use results for an updated mineral resource and future PEA planning.

Positive

• 26 m of 0.72% Cu and 1.30 g/t Au (1.91% CuEq) from 268 m
• 75.7 m of 0.93% Cu and 0.30 g/t Au (1.23% CuEq) from 22.3 m
• K-25-281 extends Central Zone ~30 metres to the northeast
• Broad near-surface mineralization supports potential starter pit
• Metallurgical test work advancing with initial results expected year-end

Negative

• Some reported intervals have unknown true widths (e.g., 150–176 m)
• Hole K-25-282 was drilled too far east to test Central-West intersection

Key Figures

Headline intercept: 26 m @ 0.72% Cu, 1.30 g/t Au (1.91% CuEq) Near-surface interval: 38 m @ 0.48% Cu, 0.12 g/t Au (0.61% CuEq) Higher-grade pit interval: 26 m @ 0.51% Cu, 0.36 g/t Au (0.85% CuEq) +5 more

8 metrics

Headline intercept 26 m @ 0.72% Cu, 1.30 g/t Au (1.91% CuEq) K-25-281 Central Zone from 268 m

Near-surface interval 38 m @ 0.48% Cu, 0.12 g/t Au (0.61% CuEq) K-25-281 Pit Zone from 44 m

Higher-grade pit interval 26 m @ 0.51% Cu, 0.36 g/t Au (0.85% CuEq) K-25-281 Pit Zone from 150 m

Central Zone interval 40 m @ 0.63% Cu, 0.95 g/t Au (1.50% CuEq) K-25-281 Central Zone from 254 m

K-25-282 broad interval 75.7 m @ 0.93% Cu, 0.30 g/t Au (1.23% CuEq) Pit Zone from 22.3 m

K-25-282 higher-grade core 43.7 m @ 1.26% Cu, 0.41 g/t Au (1.66% CuEq) Pit Zone from 22.3 m

Share price $0.2218 Prior close vs 52-week range $0.1012–$0.4314

52-week performance -48.59% vs high, 119.17% vs low Position within past year’s trading range

Market Reality Check

Price: $0.2500 Vol: Volume 35,321 is 2.27x th...

high vol

$0.2500 Last Close

Volume Volume 35,321 is 2.27x the 20-day average of 15,571, indicating elevated trading interest ahead of this update. high

Technical Shares at 0.2218 are trading above the 200-day MA of 0.17, despite a -14.95% move over the last 24 hours.

Peers on Argus

While NorthWest fell -14.95%, key peers were flat or positive, with SURGE COPPER...

While NorthWest fell -14.95%, key peers were flat or positive, with SURGE COPPER up 8.93%, QUARTZ MOUNTAIN up 6.06% and LAKE RESOURCES up 1.82%, pointing to a stock-specific move rather than a sector-wide shift.

Historical Context

5 past events · Latest: Dec 10 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 10	Drill results Kwanika	Positive	-14.9%	Three 2025 holes with near-surface higher-grade intercepts expanding pit domains.
Nov 12	High‑grade intercept	Positive	+5.8%	Standout Central Zone intercept and multiple strong intervals exceeding target grades.
Oct 22	AGM results	Neutral	-7.4%	Shareholders approved all AGM items, including director slate and auditors.
Oct 15	Drill hole K-25-272	Positive	+7.5%	Extended high-grade mineralization 50 m down dip in Central and Western zones.
Oct 06	First 2025 results	Positive	-4.5%	First 2025 Kwanika assay with 44 m of gold-rich copper mineralization.

Pattern Detected

Recent Kwanika drill results have often seen mixed to negative next-day price reactions, with 3 of the last 5 news events showing divergence between positive/neutral news and share performance.

Recent Company History

This announcement continues a series of 2025 Kwanika updates featuring higher-grade copper-gold intercepts and expansion of priority zones for an updated PEA. Since early October 2025, NorthWest has reported multiple successful holes extending high-grade mineralization and supporting a refined pit-plus-bulk-underground model. Price reactions have been inconsistent: strong positive moves followed some high-grade results on Oct 15 and Nov 12, while other positive drill releases on Oct 6 and Dec 10, as well as the Oct 22 AGM, coincided with share price declines.

Market Pulse Summary

This announcement detailed additional high-grade and near-surface copper-gold intercepts at Kwanika,...

Analysis

This announcement detailed additional high-grade and near-surface copper-gold intercepts at Kwanika, including up to 26 m @ 0.72% Cu and 1.30 g/t Au (1.91% CuEq) and a broad 75.7 m pit interval at 1.23% CuEq. These results support NorthWest’s 2025 focus on higher-grade domains and a revised pit-plus-bulk-underground mine concept for a future PEA. Investors may watch upcoming metallurgical data, resource updates, and further drilling to assess how consistently such grades can be replicated across the modelled zones.

Key Terms

CuEq, g/t, preliminary economic assessment, QA/QC, +4 more

8 terms

CuEq technical

"1.30 g/t Au (1.91% copper equivalent1, “CuEq”)"

CuEq (copper equivalent) converts the value of multiple metals in a mineral deposit into the amount of copper that would have the same value, producing a single, comparable grade number. For investors it acts like converting different currencies into one money — simplifying comparison of deposits and potential revenue, but its accuracy depends on the metal prices, recovery rates and cost assumptions used to make the conversion, so detailed reports are still needed.

g/t technical

"0.72% Cu, 1.30 g/t Au (1.91% CuEq)"

g/t stands for grams per tonne, a measure of how many grams of a metal—most often gold or other precious metals—are contained in one metric tonne of rock or ore. Investors use it to judge how “rich” a mineral deposit is: higher g/t means more metal per amount of material to process, which can make mining cheaper and projects more likely to be profitable—like measuring teaspoons of sugar per cake to gauge sweetness value.

preliminary economic assessment technical

"enhance the economics of a future Preliminary Economic Assessment (“PEA”)"

A preliminary economic assessment is an initial analysis that estimates the potential profitability and feasibility of a project or resource, such as a new mineral deposit or development venture. It provides a rough idea of costs, benefits, and risks, helping investors decide whether to pursue more detailed studies. This early evaluation is important because it offers a snapshot of whether the project is worth further investment and development.

QA/QC technical

"with assay QA/QC checks by Explore Geosolutions"

QA/QC stands for Quality Assurance and Quality Control, processes used to ensure products or services meet certain standards. Think of it as a way to check that a product is safe and works properly before reaching consumers, similar to how a chef tastes food before serving it. For investors, strong QA/QC practices indicate a company's commitment to delivering reliable, high-quality offerings, reducing risks and building trust.

ICP-OES technical

"4-Acid Digestion, ICP-OES with automatic over limits"

An ICP-OES is a laboratory technique that measures the amounts of metals and other elements in liquids and solids by turning a sample into a hot, glowing gas and reading the light it gives off — like using a prism to read elemental “fingerprints.” Investors care because those readings determine compliance with safety and environmental rules, verify mineral content in mining reports, and confirm ingredient purity in manufacturing, any of which can affect a company’s costs, legal risk and reported resources.

fire assay technical

"30-gram fire assay with ICP finish analysis"

Fire assay is a laboratory process used to accurately measure the amount of precious metals, like gold or silver, in a sample of ore or material. It involves heating the sample intensely to separate the metals from other substances, much like melting and purifying metal to determine its purity. This method is important to investors because it provides precise data on the metal content, helping to assess the value of mining operations or mineral deposits.

ISO 17025 technical

"quality control system complies with global certifications for quality ISO 17025"

ISO 17025 is an international standard that sets the rules for testing and calibration labs to show they produce accurate, consistent results and operate impartially. For investors, a lab that meets ISO 17025 is like a product carrying a trusted quality stamp—its test data and measurements are more likely to be accepted by regulators, customers and partners, reducing the risk that faulty or disputed testing will harm a company’s value or delay product approvals.

national instrument 43-101 regulatory

"qualified person as defined by National Instrument 43-101 – Standards of Disclosure"

National Instrument 43-101 is a set of rules and guidelines that govern how mineral exploration and mining companies must report information about their projects. It ensures that the details shared with investors are accurate, consistent, and reliable—similar to how a detailed, verified blueprint ensures a building’s safety. This helps investors make informed decisions based on trustworthy information about a company's mineral resources.

AI-generated analysis. Not financial advice.

TORONTO, Nov. 27, 2025 (GLOBE NEWSWIRE) -- NorthWest Copper Corp. (“NorthWest” or the “Company”) (TSX-V: NWST) is pleased to announce additional positive drill results from two holes from its 2025 program at the Company’s 100% owned Kwanika project in British Columbia. Drill hole K-25-281 delivered an excellent result highlighted by an intercept of 26 metres grading 0.72% Cu, 1.30 g/t Au (1.91% copper equivalent¹, “CuEq”) confirming the Company’s understanding and expectations of higher-grade zones within the Kwanika Central Zone. Both drill holes also delivered broad intervals of near-surface copper-gold mineralization, strengthening the Company’s confidence in the initial phase of the project’s open pit potential.

The two drill holes achieved several key objectives including:

• K-25-281 extended the upper Central Zone by 30 metres to the northeast, in an area that is significantly wider than expected, with the Central Zone remaining open to the northeast,
• K-25-281 confirmed the presence of higher-grade mineralization in the lower Central Zone over substantial thicknesses,
• Increased understanding of a potential link between the Central Zone and Pit Zone, and
• Improved confidence in the continuity of near-surface mineralization over significant widths.
  
  

By successfully achieving these objectives, the results underscore the potential to define and expand on the size of higher-grade mineralization within the Central Zone. This supports the Company’s strategy of focusing on high-grade domains within the existing mineral resource to enhance the economics of a future Preliminary Economic Assessment (“PEA”). In parallel, the consistent near-surface mineralization encountered in the Pit Zone reinforces the opportunity for a high-grade starter pit, which could provide a strong foundation for further improvements in the economics of a future PEA.

Paul Olmsted, CEO of NorthWest stated: “In 2025, the Company changed its strategy to prioritize higher-grade zones within the existing mineralization at Kwanika. Results from the first seven holes of the 2025 exploration program have largely met or exceeded expectations, reinforcing the potential for meaningful grade improvements by focusing on higher-grade domains. The program to define these higher-grade zones is progressing exceptionally well, metallurgical test work is advancing rapidly, and we anticipate announcing initial results before the end of the year. This information will be used to support an updated mineral resource estimate, which will form the basis for evaluating alternative top-down underground mining methods. Our objective is clear: to deliver a more capital-efficient and economically robust open pit and underground development plan in an updated PEA compared to the 2023 PEA².”

Drill Hole Highlights:
K-25-281
Pit Zone:	38 metres of 0.48% Cu, 0.12g/t Au (0.61% CuEq) from 44 metres
	26 metres of 0.51% Cu, 0.36g/t Au (0.85% CuEq) from 150 metres
Central Zone:	40 metres of 0.63% Cu, 0.95 g/t Au (1.50% CuEq) from 254 metres
	including: 26 metres of 0.72% Cu, 1.30 g/t Au (1.91% CuEq) from 268 metres.
K-25-282
Pit Zone:	75.7 metres of 0.93% Cu, 0.30g/t Au (1.23% CuEq) from 22.3 metres
	including: 43.7 metres of 1.26% Cu, 0.41g/t Au (1.66% CuEq) from 22.3 metres

Geoff Chinn, VP Business Development and Exploration of NorthWest added: “It is encouraging to see both holes intersect higher-grade, near-surface mineralization over significant widths, well suited to support a potential starter pit. In addition, a previously unmodelled higher-grade copper zone is emerging immediately south of Pit Zone 5, potentially improving on our understanding of mineralization within the broader Pit Zone. Hole K-25-281 supports our interpretation of two wide, continuous higher-grade mineralized intervals in the Central Zone grading between 1.5% and 2.5% CuEq over combined true thicknesses between 30 and 45 metres separated by late dykes. This hole also intersected a wide upper Central Zone interval that extends the zone by at least 30 meters towards the northeast. We also observe a clear trend of increasing gold-to-copper ratios from east to west in the Central Zone, with the Pit Zone showing a similar pattern, although rotated from south to north. This progression suggests a potential link between the two zones, and we expect that additional drill results in the coming weeks should help clarify this relationship.”  

Kwanika Exploration Program

On April 10, 2025, NorthWest announced a refined model for its flagship Kwanika project (“Target Model”), highlighting three key higher-grade zones: the Pit, Central and Western Zones. These zones target grades of 1.5% to 2.5% CuEq over combined true thicknesses of 30 to 45 metres, to be assessed against a more selective top-down bulk underground mining method.

The 2025 exploration program is designed to confirm, define and expand on the Company’s understanding of higher-grade copper-gold mineralization within the current mineral resource, with the aim of supporting alternative bulk mining methods. Early results from the first seven holes, including hole K-25-281 and K-25-282, confirm significant progress toward these objectives.

Hole locations for the program are presented in Figure 1 below. Figure 2 illustrates a cross section of the position of holes K-25-281 and K-25-281 relative to the Target Model Central and Pit Zones. Continuous mineralized intercepts and collar locations are summarized in Table 1 and Table 2.

Figure 1: Plan View of 2025 Program Drill Hole Location

Figure 2: Cross Section of Target Model at K-25-281 and K-25-282 Drill Locations

A summary of the geological aspects of the hole is presented below.

Hole K-25-281: The hole was drilled with HQ core size and sampled on approximately 2-metre intervals from sawn half core material. The hole was drilled on 265° azimuth with a -70° dip to a depth of 354 metres. The primary objective of the hole was to test northeast extensions of the Central Zone in an area poorly defined by historical low-angle holes.

Before entering the Central Zone, the hole intersected two near-surface zones within the Pit Zone. The first interval was a 38 metre (24 metre true width) consisting of finely disseminated sulphides in potassic-altered (“monzonite”), correlating with Pit Zone 8 beginning at 44 metres. The second interval, starting at 150 metres, returned 26 metres (true width unknown) of higher grades with an increasing gold-to copper ratio. This interval consisted of magnetite-hematite alteration within fine-grained porphyritic diorite with disseminated pyrite. The interval also correlates with Pit Zone 8.

At 254 metres, the hole intersected a broad upper Central Zone (Zone 4) interval over 40 metres (33 metre true width) of monzonite cut by dismembered quartz stockwork. This interval was significantly wider than expected and extends the upper Central Zone approximately 30 meters to the northeast, where it remains open.

Further down the hole mineralization is terminated by late dykes, then resumes on the opposite side in highly tectonized potassic alteration crosscut by dismembered quartz stockwork over 24 metres (20 metre true width). This interval correlates with the lower Central Zone (Zone 6) and similarly extends the zone 30 metres toward the northeast, where it also remains open.

In summary, hole K-25-281 was successful in extending the Central Zone by approximately 30 metres toward the northeast.

Hole K-25-282: The hole was drilled using HQ core size sampled on approximately 2-metre intervals from sawn half core. The hole was drilled on 140° azimuth with a -75° dip to a depth of 401 metres. The primary objective of the hole was to test the closure (intersection) of Central Zone (Zone 4) and the Western Zone (Zone 2).

At 22 metres, the hole intersected a broad interval of high-grade, copper-dominant mineralization over 76 metres (54 metre true width) hosted in monzonite crosscut by quartz stockwork. This intersection helps to define the grade, geometry and orientation of a distinct high-grade copper zone immediately south of Pit Zone 5. Metal zonation in this area also shows a rotation, with high copper-to-gold ratios transitioning to high gold-to-copper ratios towards the north. This shift in metal zonation from east-west in the Central Zone to south-north in the Pit Zone provides additional support that these zones are related.

In summary, hole K-25-282 successfully confirmed the presence of a separate, copper-dominant high-grade mineralized zone within the Pit Zone that may extend toward the Central Zone. This potential connection will be tested with results from holes K-25-273 and K-25-287. Otherwise, the hole was drilled too far to the east to have tested the intersection between the Central and the Western Zones.

Table 1: Drill Results in this News Release^{3 4}

Hole	From	To	Length	Zone	Cu	Au	Ag	CuEq	True Width	Description
	(m)	(m)	(m)		(%)	(g/t)	(g/t)	(%)	Est. (m)	Target Model Zone Reference
K-25-281	44.0	82.0	38.0	Pit	0.48	0.12	1.68	0.61	24.4	Lower-Grade Pit Zone 8
K-25-281	150.0	176.0	26.0	Pit	0.51	0.36	2.41	0.85	Unknown	Lower-Grade Pit Zone 8
Including	150.0	154.0	4.0	Pit	0.60	0.87	2.55	1.40	Unknown	Lower-Grade Pit Zone 8
And	158.0	170.0	12.0	Pit	0.57	0.38	3.02	0.95	Unknown	Lower-Grade Pit Zone 8
K-25-281	254.0	294.0	40.0	Central	0.63	0.95	2.75	1.50	32.8	Higher-Grade Gold Zone 4
Including	268.0	294.0	26.0	Central	0.72	1.30	3.22	1.91	21.3	Higher-Grade Gold Zone 4
K-25-281	316.0	340.0	24.0	Central	0.41	1.28	2.19	1.57	19.7	Higher-Grade Gold Zone 6
K-25-282	22.3	98.0	75.7	Pit	0.93	0.30	2.74	1.23	53.5	Unmodelled Cu Higher-Grade Pit Zone
Including	22.3	66.0	43.7	Pit	1.26	0.41	3.65	1.66	19.2	Unmodelled Cu Higher-Grade Pit Zone
K-25-282	134.0	160.0	26.0	Pit	0.34	0.12	1.05	0.46	19.9	Lower-Grade Pit Zone 8

Table 2: Drill Collar Information⁵

Hole	Collar X	Collar Y	Collar Z	Collar Azimuth	Collar Dip	Final Length
K-25-281	351623	6156253	974	265	-70	354
K-25-282	351492	6156251	989	140	-75	401

Quality Assurance / Quality Control

Drilling at Kwanika in 2025 was designed and supervised by NorthWest, implemented by InData Geoscience with assay QA/QC checks by Explore Geosolutions. Samples were collected, tracked and an external QA/QC program was implemented using blanks and standards to monitor analytical accuracy and precision. The samples were sealed on site and shipped to Activation Laboratories Ltd. (“Actlabs”) in Kamloops BC. The laboratory’s internal quality control system complies with global certifications for quality ISO 17025. Drill core samples were analyzed using a combination of Actlabs multi-element 1F2 analysis for low level concentrations (4-Acid Digestion, ICP-OES) and the 8-4 Acid ICP-OES analysis for higher level concentrations (4-Acid Digestion, ICP-OES with automatic over limits for base metals and silver). Gold, platinum and palladium assaying was completed with 1C-OES method, using a 30-gram fire assay with ICP finish analysis. In addition, about 5% of the sample pulps are re-assayed at a secondary laboratory to confirm reproducibility and check for bias.

Technical aspects of this news release have been reviewed, verified, and approved by Geoff Chinn, P.Geo., VP Business Development and Exploration for NorthWest, who is a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Minerals Projects.

About NorthWest:

NorthWest is a copper-gold exploration and development company with a pipeline of advanced and early-stage projects in British Columbia, including Kwanika-Stardust, Lorraine-Top Cat and East Niv. With a robust portfolio in an established mining jurisdiction, NorthWest is well positioned to participate fully in strengthening global copper and gold markets. We are committed to responsible mineral exploration which involves working collaboratively with First Nations to ensure future development incorporates stewardship best practices and traditional land use. Additional information can be found on the Company’s website at www.northwestcopper.ca.

On Behalf of NorthWest
“Paul Olmsted”
CEO, NorthWest Copper

For further information, please contact: 
416-457-3333
info@northwestcopper.ca  
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information 

This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussion with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always using phrases such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to statements with respect to; plans and intentions of the Company; proposed exploration and development of NorthWest’s exploration property interests; the Company’s ability to finance future operations; mine plans; magnitude or quality of mineral deposits; the development, operational and economic results of current and future potential economic studies; adding the Lorraine resource to the Kwanika-Stardust Project; the Company’s goals for 2025; geological interpretations; the estimation of Mineral Resources; anticipated advancement of mineral properties or programs; future exploration prospects; the completion and timing of technical reports; future growth potential of NorthWest; and future development plans

All statements, other than statements of historical fact, included herein, constitutes forward-looking information. Although NorthWest believes that the expectations reflected in such forward-looking information and/or information are reasonable, undue reliance should not be placed on forward-looking information since NorthWest can give no assurance that such expectations will prove to be correct. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information, including the risks, uncertainties and other factors identified in NorthWest’s periodic filings with Canadian securities regulators. Forward-looking information are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking information. Important factors that could cause actual results to differ materially from NorthWest’s expectations include risks associated with the business of NorthWest; risks related to reliance on technical information provided by NorthWest; risks related to exploration and potential development of the Company’s mineral properties; business and economic conditions in the mining industry generally; fluctuations in commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; the need for cooperation of government agencies and First Nation groups in the exploration and development of properties and the issuance of required permits; the need to obtain additional financing to develop properties and uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or development programs and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals; and other risk factors as detailed from time to time and additional risks identified in NorthWest’s filings with Canadian securities regulators on SEDAR+ in Canada (available at www.sedarplus.com). 

Forward-looking information is based on estimates and opinions of management at the date the information is made. NorthWest does not undertake any obligation to update forward-looking information except as required by applicable securities laws. Investors should not place undue reliance on forward-looking information.

_______________________________________
¹ CuEq assumes consensus metal prices of $2646/oz gold, $4.34/lbs copper, $29.73/oz silver and 80% recovery for all metals, calculated as follows: [Cu+100*((Au/31.1035*Au Price*80%)/(Cu Price*2204.62*80%)+(Ag/31.1035*Ag Price*80%)/(Cu Price*2204.62*80%))]. The New Afton mine was considered as a comparable deposit and reductions to realized recoveries for New Afton were applied for the purpose of Kwanika recoveries.
² NI 43-101 technical report titled “Kwanika-Stardust Project NI 43-101 Technical Report on Preliminary Economic Assessment” dated February 17, 2023, with an effective date of January 4, 2023, filed under the Company’s SEDAR+ profile at www.sedarplus.com.
³ Estimated true widths based on collar azimuth and dip and the average dip of the mineralized zone
⁴ CuEq assumes consensus metal prices of $2646/oz gold, $4.34/lbs copper, $29.73/oz silver and 80% recovery for all metals, calculated as follows: [Cu+100*((Au/31.1035*Au Price*80%)/(Cu Price*2204.62*80%)+(Ag/31.1035*Ag Price*80%)/(Cu Price*2204.62*80%))]. The New Afton mine was considered as a comparable deposit and reductions to realized recoveries for New Afton were applied for the purpose of Kwanika recoveries.
⁵ Collar coordinates reference UTM Zone 10N NAD83.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/ce8b7c7d-1052-475b-a137-ccd36c3daf23

https://www.globenewswire.com/NewsRoom/AttachmentNg/17733557-8286-4317-a233-b2c92903fb69

FAQ

What did NorthWest (NWCCF) announce on Nov 27, 2025 about Kwanika drill results?

Two 2025 holes reported notable intercepts, including 26 m of 0.72% Cu, 1.30 g/t Au (1.91% CuEq) and 75.7 m of 0.93% Cu (1.23% CuEq).

How did hole K-25-281 change the Kwanika Central Zone for NWCCF?

K-25-281 extended the upper Central Zone by approximately 30 metres to the northeast and confirmed higher-grade zones.

Do the Nov 27, 2025 results suggest an open-pit starter at Kwanika (NWCCF)?

The company said broad, near-surface copper-gold intervals are well suited to support a potential starter pit.

What grades and widths did hole K-25-282 report at Kwanika for NWCCF?

K-25-282 returned 75.7 m of 0.93% Cu, 0.30 g/t Au (1.23% CuEq) from 22.3 m, including 43.7 m of 1.26% Cu.

Will NorthWest use these 2025 drill results in a resource update or PEA (NWCCF)?

Yes; results and metallurgical work are intended to support an updated mineral resource estimate and future PEA evaluation.