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NorthWest Copper Announces Completion of 2024 Lorraine – Top Cat Exploration Drill Program
VANCOUVER, British Columbia, Aug. 01, 2024 (GLOBE NEWSWIRE) -- NorthWest Copper (“NorthWest” or “the Company”) (TSX-V: NWST) is pleased to report the 2024 drill
About this update from Northwest Copper Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Aug. 01, 2024 (GLOBE NEWSWIRE) -- NorthWest Copper (“NorthWest” or “the Company”) (TSX-V: NWST) is pleased to report the 2024 drill program at the Lorraine-Top Cat project in north-central British Columbia has been successfully completed and crews will be de-mobilizing from the field once the diamond drill core is processed. Approximately 800+ metres of drilling was completed at the regional Nova and Road IP Targets (see news release dated July 4, 2024, for descriptions of the targets). Three holes were drilled, one at Nova (356 metres) and two at Road IP (456 metres total). The drill holes are currently being logged and sampled. Approximately 470+ half-core diamond drill samples with QAQC samples inserted will be sent to Activation Laboratories in Kamloops. Assay results are expected in the coming weeks, and a full discussion of results and observations will be released when assays are received. The results of this program will be leveraged to assist in developing future targets at Lorraine-Top Cat, in support of the Company’s strategy to grow our mineral resource base via exploration. Figure 1. Location of the Nova and Road IP Targets relative to NorthWest’s mineral tenure at Lorraine-Top Cat. The Lorraine-Top Cat Project The Project covers 65,000+ ha and is located in north-central British Columbia, 280 km northwest of Prince George, BC and approximately 45 km from NorthWest’s Kwanika-Stardust Project. The Lorraine deposit is a silica-undersaturated alkalic copper-gold porphyry deposit, which is the same classification as the Galore Creek and Mount Polley deposits.1 Mineralization at the Lorraine - Top Cat Project is hosted mostly by Early Jurassic syenite and pyroxenite intrusions that are part of the Duckling Creek Syenite Complex (“DCSC”), but additional targets such as Road IP are associated with other phases of the Jurassic Hogem batholith or with older Takla Group volcanic rocks. A modern mineral resource estimate (MRE) was completed for portions of the Lorraine deposit in 20222 that includes indicated resources of 12.952 Mt grading 0.55% Cu and 0.16 g/t Au, and inferred resources of 45.252 Mt grading 0.43% Cu and 0.10 g/t Au at 0.20% copper cut-off grade.3 As described in previous disclosures, however, gold concentration is likely understated and silver was not included in the estimation b...