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NorthWest Copper Identifies New Large-Scale Porphyry Targets at East Niv
VANCOUVER, British Columbia, July 24, 2023 (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, July 24, 2023 (GLOBE NEWSWIRE) -- NorthWest Copper (“NorthWest” or “the Company”) (TSX-V: NWST) (OTCQX: NWCCF) is pleased to announce that it has identified four highly prospective porphyry exploration targets at its 100% owned East Niv Project. These targets are shown on Figure 1 and include: Southwest Target: Large and newly recognized porphyry target centred seven kilometres south of the East Niv discovery hole1 that is indicated by IP chargeability, soil, stream sediment and rock geochemical samples, and alteration. Rockslide Target: Coincident magnetic and IP chargeability anomalies with anomalous geochemical signature and strong propylitic alteration, located four kilometres south of the 2021/2022 drilling. High-Grade Structural Target: Structurally controlled target below the area where the discovery hole was drilled, supported by alteration, metal zoning and structural orientations. Valley Target: Large covered target contiguous with and southwest of drill intersections of copper-gold-silver mineralization in potassic alteration in the area of 2021/2022 drilling, supported primarily by alteration, IP chargeability and metal zoning vectors. “We are excited about the identification of these four high-potential porphyry targets – three of which (High-Grade Structural, Valley, and Rockslide) are drill ready and the scale of the other (Southwest target) is impressive,” said Interim President and CEO David Moore. “Our successful targeting work at East Niv follows announcements of compelling targets at our flag ship South Omineca projects (Kwanika2 and Lorraine3) and highlights the wealth of high-priority porphyry copper-gold exploration targets in NorthWest’s portfolio. As we look to focus our efforts on our South Omineca projects we believe that East Niv is an excellent candidate for a strategic partnership, and we are actively pursuing this path.” Discussion The East Niv property and the proposed target areas are shown in Figure 1. The Southwest Target is a new target area that as currently known is approximately four kilometres by five kilometres in extent and is centred seven kilometres south-southwest of the East Niv porphyry copper-gold discovery hole area. The Southwest Target was identified by the Company’s exploration team after a detailed review of information collected during the 2022 f...