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NorthWest Reports Near-Surface Intersept of 25.9 Metres Grading 0.91 % Cu, 1.29 g/t Au (2.09% CuEq) From 154 Metres
TORONTO, Jan. 05, 2026 (GLOBE NEWSWIRE) -- NorthWest Copper Corp. (“NorthWest” or t...
About this update from Northwest Copper Corp.
[{"type":"text","content":"NorthWest Reports Near-Surface Intersept of 25.9 Metres Grading 0.91 % Cu, 1.29 g/t Au (2.09% CuEq) From 154 Metres\nTORONTO, Jan. 05, 2026 (GLOBE NEWSWIRE) -- NorthWest Copper Corp. (“NorthWest” or the “Company”) (TSX-V: NWST) is pleased to report drill results from hole K-25-287 completed as part of its 2025 program at the Company’s 100% owned Kwanika project in British Columbia. The hole returned higher-grade1 results in both the Pit and Central Zones, highlighted by a significant near-surface intercept of 25.9 metres grading 0.91% Cu and 1.29g/t Au (2.09% copper equivalent2, “CuEq”). Paul Olmsted, CEO of NorthWest, stated: “This drill hole is the 15th reported from our 2025 exploration program at Kwanika, a program which we believe has been highly successful in achieving its goals and will be value accretive. The program exceeded expectations by demonstrating the continuity of higher-grade zones over significant widths in both the Central Zone and the Pit Zone, materially improving our understanding of the mineralization. Results from the Pit Zone, in particular, are expected to support higher-grade open pit mineral resources. When combined with increased confidence in the higher-grade Central Zone to support alternative underground mining methods, and targeted recovery improvements from ongoing metallurgical test work, we expect to deliver an exciting mineral resource update in the first quarter of the year. Together, these developments are expected to support the potential for a more capital-efficient and economically compelling combined open pit and underground development plan, to be reflected in an updated preliminary economic assessment (“PEA”) delivered in mid 2026 that will aim to improve upon the 2023 PEA3.” Hole K-25-287 intersected multiple higher-grade intercepts across a number of mineralized zones in both the Pit and Central Zones over significant widths. The hole returned unexpectedly wide intercepts within Pit Zone 10 and 12 at shallow depths, expanding the size of these higher-grade zones and providing better definition of the zones relative to Pit Zone 5. The hole also intersected the Central Zone over a significant combined true width of 32.0 metres. This result continues to demonstrate the east-west zonation of the mineralization...