ArcWest Provides Exploration Update
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Rhea-AI Summary
ArcWest Exploration (SJRNF) updated its copper-gold programs, highlighting a newly recognized intrusion at Todd Creek and completed drilling at Rip. Re-logging a 2025 Todd Creek hole identified an altered, strongly veined intrusion near Fall Creek; nearby geophysical anomalies remain untested. Historical South and Fall Creek drill intercepts include gold and copper mineralization, but ArcWest has not verified the historical assays.
At Rip, Copper Quest fully funded 1,654 metres of drilling across five holes; assays are pending. ArcWest had $2.7 million in its treasury as of September 23, 2026. It is discussing potential transactions for Todd Creek and Sparrowhawk with interested parties. The drilling-permitted Lemare and Teeta Creek projects are under review by potential funding partners.
Positive
- $2.7 million in ArcWest’s treasury as of September 23, 2026
- Todd Creek re-logging identified an altered, strongly veined intrusion near Fall Creek
- Rip drilling completed: 1,654 metres across five holes
- Copper Quest fully funded the 2026 Rip drill program under its earn-in agreement
- Sparrowhawk soil sampling continued in 2026 near Amarc’s SW2 target
- Lemare fieldwork identified mineralized breccias and previously unrecognized altered intrusions
- Todd Creek, Lemare and Teeta Creek are permitted for drilling
Negative
- Rip assays remain pending after completion of drilling
- Todd Creek geophysical anomalies near the newly recognized intrusion remain untested by drilling
- Historical Todd Creek assays cited in the update have not been verified by ArcWest
- Todd Creek and Sparrowhawk transactions remain potential deals under discussion
- Lemare and Teeta Creek funding remains under review by potential partners
Details
News Market Reaction – SJRNF
On Oct 1, the first trading day after this news, SJRNF closed 67.21% below the previous close.
Data tracked by StockTitan Argus for the Oct 1 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Vancouver, British Columbia--(Newsfile Corp. - September 28, 2026) - ArcWest Exploration Inc. (TSXV: AWX) ("ArcWest") is pleased to provide an update on its 2026 copper-gold ("Cu-Au") exploration programs. Using the project generator model, the company is advancing seven copper-gold projects throughout British Columbia's premier porphyry copper-gold districts.
As of September 23, 2026, ArcWest remains in a strong financial position with
Todd Creek
ArcWest's
South Zone: 3.6 grams per tonne Au and
Ice/Fall Creek Zone: 3.47 g/t Au and
It is ArcWest's view that the downplunge extents of the South Zone and Fall Creek quartz-hematite/jasper-chalcopyrite vein/breccia systems and proximal polymetallic breccia dikes remain to be properly tested for underlying porphyry Cu-Au systems. Recently announced drill results from Kingfisher Metals' Highway 37 project demonstrate that potentially similar zones of quartz-sulfide-jasperoid veins/breccia and polymetallic veining overlie newly discovered porphyry Cu-Au mineralization at the Hank target area. Kingfisher's Highway 37 project is situated approximately 100 km north of Todd Creek and is underlain by volcanic rocks that are broadly coeval with those at Todd Creek.
Recent re-logging of select 2025 Todd Creek drill holes by ArcWest has identified a previously unrecognized, intensely quartz-sericite-pyrite altered and strongly veined intrusion near the base of hole TDC25-03 in the Fall Creek/Ice Creek area (Figure 3), situated only 400 m to the southwest of the Fall Creek vein/breccia system. High density veining within this newly recognized intrusion comprises pyrite and porphyry-like quartz-pyrite veins with local pyrite centrelines (Figure 4). Host volcanic rocks are strongly quartz-sericite-pyrite altered with abundant disseminated pyrite and pyrite veining. Strongly anomalous Au-Bi-Te persists from the appearance of the intrusion to end of hole. This newly recognized intrusion marks the first definitive evidence of a hydrothermal-magmatic system in the Fall Creek-Ice Creek area, and bolsters ArcWest's thesis that nearby Cu-Au mineralized quartz-hematite-jasper-chalcopyrite veins/breccias and associated polymetallic breccia dikes at Fall Creek, the downplunge extents of which remain to be properly tested by drilling, could be the products of an underlying/nearby porphyry Cu-Au system. Nearby resistivity (low) and chargeability (high) anomalies (Figure 3), comprising the most intense geophysical anomalies identified during the 2023 Todd Creek geophysical program, remain untested by drilling. An untested MT anomaly is present below these chargeability and resistivity features, suggesting that this highly prospective target area potentially extends to depth. Multiple, additional porphyry Cu-Au and VMS targets exist on the Todd Creek project, including a largely unexplored zone at the south end of the property comprising lithocap root zone-like alteration, associated pyrite/quartz-pyrite stockwork and nearby intermediate sulfidation-like veining (Figure 5). ArcWest is currently in discussions with multiple mining companies regarding a potential transaction concerning the Todd Creek project. The Todd Creek technical presentation is available for download from the following link:
Sparrowhawk
Since launching a takeover bid for Pacific Booker and its Morrison Cu-Au deposit in BC's Babine porphyry Cu-Au district, American Eagle Gold has continued with consolidation of third party tenures in the immediate vicinity of the Morrison deposit. ArcWest's nearby Sparrowhawk project comprises one of the most significant land packages in the district, including multiple porphyry Cu-Au targets that are highly deserving of additional exploration. In addition, recently staked Sparrowhawk claims cover the proposed tailings facility site for the Morrison Cu-Au deposit (Pacific Booker). These claims (Figure 6) are situated only 1 km to the southwest of American Eagle's Nak Cu-Au project, which is currently being explored with funding from South32, Teck and Eric Sprott. Sparrowhawk claims also cover the proposed sites for waste and tailings management facilities for Glencore's past-producing Bell-Granisle mines, which remain host to significant Cu-Au resources and have highly underpublicized exploration potential. Fieldwork completed at Sparrowhawk in 2026 included continued soil sampling on ArcWest ground in the vicinity of Amarc's SW2 target. ArcWest has received expressions of interest in Sparrowhawk from multiple parties, and is currently in discussions regarding a potential transaction concerning the project. The Sparrowhawk technical presentation is available for download from the following link:
Rip
Drilling has been completed at ArcWest's
Lemare and Teeta Creek
ArcWest's road accessible Lemare and Teeta Creek Cu-Au projects are situated only 30 km to the south of Northisle Copper and Gold's PEA stage North Island Cu-Au project, which has recently been selected for accelerated permitting by BC's Critical Minerals Office. Multiple porphyry Cu-Au exploration targets exist on both projects, including a largely untested lithocap at Lemare and a significant, untested zone of chalcopyrite mineralized stockwork hosted by intensely QSP altered quartz-feldspar porphyritic intrusions at Teeta Creek (Gap target). A significant chargeability anomaly (high) has been identified beneath the Gap target area, suggesting potential for the discovery of porphyry Cu-Au mineralization beneath Teeta Creek valley (Figure 7). Recent work at Lemare by ArcWest suggests that significant potential exists for the discovery of porphyry Cu-Au mineralization below the Lemare lithocap. A creek (Dumortierite Creek) which exposes the roots of the Lemare lithocap contains chalcopyrite mineralized breccias with remnant potassic alteration (hosted by variably altered volcanic rocks), in addition to local, previously unrecognized, strongly chlorite-epidote-pyrite altered porphyritic intrusions. Collectively, this suggests that the lithocap-porphyry transition is exposed at moderate to low elevations on the property. The Lemare and Teeta Creek projects are permitted for drilling and are currently under review by multiple, potential funding partners. The Teeta Creek and Lemare technical presentations are available for download from the following links:
About ArcWest Exploration Inc.
ArcWest Exploration is a project generator focused on porphyry copper-gold exploration opportunities throughout western North America. The company is in possession of seven copper-gold projects throughout BC's premier porphyry copper-gold districts. These include ArcWest's Todd Creek and Oweegee Dome projects, which are two of the largest and most prospective land positions for copper-gold exploration in BC's prolific Golden Triangle. Oweegee Dome (jointly owned with Gold Strike Resources) neighbours Seabridge Gold's supergiant KSM-Iron Cap-Snowfield porphyry copper-gold deposit and Todd Creek (
Qualified Person
ArcWest's disclosure of a technical or scientific nature in this news release has been reviewed and approved by Nigel Luckman, PGeo, Chief Operating Officer, who serves as a Qualified Person under the definition of National Instrument 43-101.
For further information please contact: Tyler Ruks, President and CEO at +1 (604) 638 3695.
Investors are cautioned that ArcWest Exploration Inc. has not verified the data from the KSM-Iron Cap, Brucejack, Bell-Granisle, Morrison, Island Copper and North Island deposits or Kingfisher Metal's Highway 37 project. Further, the presence and style of mineralization on these properties is not necessarily indicative of similar mineralization on the ArcWest Exploration Inc. property. Historical assays from drill programs on its properties have not been verified by ArcWest but have been cited from sources believed to be reliable. Assay results reported by ArcWest in this news release range from trace amounts to the values stated.
It should be noted that the historical estimates by Noranda for the South Zone (Todd Creek) were made by a source believed to be reliable. However, the estimates have not yet been independently verified according to The Canadian Institute of Mining, Metallurgy and Petroleum standards. The resource estimate is presented for historical purposes only. Therefore, the Company is not treating the estimate as a National Instrument 43-101 defined resource, and the historical estimate should not be relied upon.
This news release contains statements about ArcWest's expectations and are forward-looking in nature. As a result, they are subject to certain risks and uncertainties. Although ArcWest believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them as actual results may differ materially from the forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof, and ArcWest undertakes no obligation to update publicly or revise any forward-looking statements or information, except as required by law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/316163
FAQ
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What did ArcWest Exploration find at Todd Creek?
Re-logging a 2025 drill hole identified an intensely altered, strongly veined intrusion in the Fall Creek–Ice Creek area. ArcWest views it as evidence supporting further investigation of a possible nearby copper-gold system; adjacent geophysical anomalies have not been tested by drilling.
How much drilling did ArcWest Exploration complete at Rip, and are results available?
ArcWest completed 1,654 metres in five holes at Rip, testing geophysical targets beneath largely till-covered areas. Assay results are pending. Copper Quest fully funded the 2026 program under the Rip earn-in agreement.
What do ArcWest Exploration’s Sparrowhawk claims cover?
Recently staked Sparrowhawk claims cover the proposed tailings facility site for the Morrison copper-gold deposit. Other Sparrowhawk claims cover proposed waste and tailings management facility sites for the past-producing Bell-Granisle mines.