Northwest Copper Corp Stock Price, News & Analysis

NorthWest Copper announced positive drill results from four holes at the Kwanika Deposit's Central Zone. Highlights include: K-22-237: 364.20 metres of 0.27% CuEq, including 24.55 metres of 0.86% CuEq. K-22-238: 167.85 metres of 0.32% CuEq. These results confirm strong mineralization continuity and could enhance the project's value. The company plans to release further drilling results soon. Overall, these findings support the potential for resource expansion at Kwanika.

NorthWest Copper has released promising drill results from hole K-22-242 in the Kwanika Central Zone. The hole yielded significant intervals of copper equivalent (CuEq), including 304.20 meters of 0.79% CuEq and notable sections of high-grade mineralization. Key highlights include 154.70 meters of 1.16% CuEq and 36.70 meters of 2.07% CuEq. This continues to demonstrate the strong mineralization potential of the Kwanika project, with consistent high-grade results and lateral continuity of the mineralization. The 2022 drilling program consists of 30 holes, with assay results pending for additional holes.

NorthWest Copper (NWCCF) announced the third set of assays from its 2022 drill program at Kwanika, showcasing high-grade mineralization. Key findings include:

• K-22-234: 87.70m of 0.86% CuEq, with 23.95m of 2.18% CuEq.
• K-22-239: 222.00m of 0.31% CuEq.
• K-22-241: 305.75m of 0.29% CuEq.

These results highlight the continuity and expansion potential of the Kwanika resource. The company is advancing its exploration efforts with further results expected from multiple projects.

NorthWest Copper Corp. (NWCCF) has filed an updated independent Mineral Resource Estimate (MRE) for its Lorraine property, located in British Columbia. The new MRE was disclosed in a previous release dated July 27, 2022, and is detailed in a Technical Report effective June 30, 2022. Authored by qualified geoscientists, the report is available on SEDAR and the Company’s website. NorthWest Copper aims to advance its projects responsibly and recognizes the importance of collaboration with First Nations. This positions the company to benefit from a strengthening copper market.

NorthWest Copper has completed the third issuance of Consideration Shares to POSCO International Corporation, finalizing the acquisition of POSCO's 31% interest in Kwanika Copper Corporation for a total of C$11 million. With this transaction, NorthWest now owns 100% of Kwanika, enhancing its position in the mining sector. The issuance of shares took place in three tranches, with the latest tranche of 7,228,916 shares valued at C$3 million, issued on September 6, 2022. The shares are subject to a hold period expiring on January 7, 2023, along with resale restrictions.

NorthWest Copper (OTCQX: NWCCF) has commenced its drilling program at the Lorraine project in British Columbia. This marks the company's fourth drill program for 2022, following work at Kwanika, Stardust, and East Niv. The drilling aims to enhance the understanding of the mineral resource, which was updated in July 2022. The program will cover approximately 5,000 meters and has an estimated budget of $4.9 million. President and CEO Peter Bell expressed enthusiasm over the project's geological potential and its proximity to existing infrastructure.

NorthWest Copper reports positive drill results from its Kwanika project, revealing high-grade copper and gold mineralization. Highlights include:

• K-22-230: 378.80 meters of 0.62% CuEq
• K-22-232: 109.05 meters of 0.89% CuEq, with a peak of 1.45 meters at 14.52% CuEq
• K-22-233: 102.90 meters of 1.00% CuEq

The ongoing drilling aims to expand the resource and enhance grades. The discovery of additional chalcocite breccia near the surface adds excitement for future potential at Kwanika.

NorthWest Copper Corp. has released an updated independent Mineral Resource Estimate (MRE) for its Lorraine property, effective June 30, 2022. The MRE indicates 12,952,000 tonnes of indicated resources with a copper grade of 0.55% and 45,252,000 tonnes of inferred resources at 0.43% copper. The project is located in proximity to existing infrastructure and has favorable mining potential due to shallow mineralization and high grades. Plans for a drilling program in 2H 2022 aim to further explore this promising area.

NorthWest Copper has announced promising results from its Kwanika drilling program, revealing significant copper-gold grades from the first three drillholes. Notable highlights include K-22-228 with 19.15 meters of 1.01% Copper Equivalent and K-22-229 with 20.00 meters of 1.06% Copper Equivalent, indicating an expansion of mineralization confidence. The results are expected to enhance the Kwanika Mineral Resource Estimate and contribute positively to the Company’s future drilling endeavors. CEO Peter Bell expressed optimism about ongoing results and their commitment to community cooperation.