Business
NorthWest Copper Provides Update on 2021 Field Programs and Start of Drilling at Kwanika
VANCOUVER, British Columbia, June 03, 2021 (GLOBE NEWSWIRE) -- NorthWest Copper (“Northwest” or the “Company”) (TSXV:NWST) is pleased to report that exploration
About this update from Northwest Copper Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, June 03, 2021 (GLOBE NEWSWIRE) -- NorthWest Copper (“Northwest” or the “Company”) (TSXV:NWST) is pleased to report that exploration crews are on site at the Company’s flagship Kwanika-Stardust Project in central British Columbia and exploration work has commenced. Drilling is expected to begin imminently, once clearance is given to access forestry roads in the region. The Company’s aggressive 2021 drilling and exploration program will see each of its three major projects advanced: Kwanika-Stardust, Lorraine and East Niv. Importantly, these projects are all located within a highly prospective stretch of the Quesnel Terrane situated between the Kemess and Mount Milligan copper-gold mines. The projects span the spectrum of the exploration continuum from advanced stage to early stage with clear opportunities for new discoveries. Peter Bell, President & CEO of NorthWest states: “Our team is now on site at Kwanika, and already conducting regional exploration. We look forward to our 2021 drilling and field exploration programs with great anticipation. Kwanika is already one of the largest copper projects in BC, and we are now focusing on the high-grade core of the deposit. Coupled with Stardust, which is one of the highest-grade copper deposits in BC, we are confident in this dynamic combination of assets. East Niv will see an aggressive first phase drill program and we will finally look to advance Lorraine, a top-notch advanced project located within very close proximity to Kwanika-Stardust. We look forward to updating the market as we continue to advance our flagship project Kwanika-Stardust, drill the first ever holes into East Niv and start to unlock the true potential of Lorraine.” Kwanika-Stardust: The phase I drill program at Kwanika is planned to consist of 7,200 metres of diamond drilling, focussed on the highest-grade portions of the deposit including extensions to the known high-grade zones. For example, recent drilling at Kwanika has returned exceptional grades and widths such as: 1.32% CuEq1 over 610.1m, including 1.87% CuEq over 383.8m (DDH K-08-62)2 0.88% CuEq over 697.6m, including 2.23% CuEq over 124.3m (DDH K-20-198)3 1.32% CuEq over 438.4m, including 1.90% CuEq over 233.5m (DDH K-16-177)4 1.25% CuEq over 500.3m, including 1.70% CuEq over 252.3m (DDH K-18-182)5 These types of intercep...