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NorthWest Copper Announces Start Of 2022 Drill Program; Initial Drilling at Kwanika Gets Off to an Early Start
VANCOUVER, British Columbia, March 31, 2022 (GLOBE NEWSWIRE) -- NorthWest Copper (“NorthWest” or “the Company”) (TSX-V: NWST)(OTCQX: NWCCF) is pleased to announ
About this update from Northwest Copper Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, March 31, 2022 (GLOBE NEWSWIRE) -- NorthWest Copper (“NorthWest” or “the Company”) (TSX-V: NWST)(OTCQX: NWCCF) is pleased to announce that drilling has started at our Kwanika project in north-central British Columbia. NorthWest has an extensive drill program planned for 2022 with over 30,000 metres in total over its entire portfolio, with a minimum of 8,600 metres at Kwanika. We are taking advantage of the infrastructure at Kwanika to begin 2022 drilling almost three months earlier than in 2021. Our first holes target potential expansion on the south side of the deposit1 at Kwanika Central. “This is only the second field season for NorthWest as a company and we look forward to building on the success of the 2021 program,” stated President and CEO Peter Bell. “The early start gives us a jump on our exciting 2022 exploration effort and will provide news flow through the remainder of the year. I look forward to what our team can deliver from our target-rich portfolio of projects. We begin this season with more targets and greater financial strength than 2021 and look forward to more success.” “Kwanika delivered multiple positive surprises throughout 2021 including the high-grade breccia zone in K-21-217, higher than expected grades at the South Zone and opportunity to expand the Kwanika Central Zone to the north,” continued Mr. Bell. “We are also continuing to work with the Takla Lake First Nation, with community members working at site and supporting water baseline studies.” NorthWest’s drill program at Kwanika in 2022 has three goals; add additional high grade within Kwanika Central and Kwanika South, increase the size of both those deposits1, and search for new satellite deposits. Plans to achieve these goals are described in the following sections, by deposit. This drill program is being done in parallel to the work on the Kwanika/Stardust preliminary economic assessment (PEA). Current exploration will not inform this version of the PEA, however NorthWest will continue to explore for opportunities to grow and enhance the overall project. Regional drilling locations are shown in Figure 1 and in more detail in Figure 2. Kwanika Central Kwanika Central anchors our Kwanika/Stardust project, with near-surface high-grade and scale. As 2021 revealed, it still has abundant potential for increases in grade ...