financetom
Business
financetom
/
Business
/
NorthWest Copper Develops New Target Model for Kwanika Project
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
NorthWest Copper Develops New Target Model for Kwanika Project
Apr 10, 2025 5:10 AM

07:56 AM EDT, 04/10/2025 (MT Newswires) -- NorthWest Copper ( NWCCF ) on Thursday said it developed a new three-dimensional target model to improve the understanding of the geometry and continuity of higher-grade zones at the Kwanika-Stardust project.

The company said this is the first step in advancing on one of its strategic initiatives to enhance the value of the existing Preliminary Economic Assessment (PEA) on its Kwanika project.

The 3D target model zones support a target size range between 15 to 30 million tonnes of higher-grade mineralized material mostly from two broad parallel zones with a combined mineralized true width ranging between 30m and 45m at higher grades between 1.5% and 2.5% copper equivalent. "In addition, considering the grade-recovery relationship developed during the metallurgical test work used in the current PEA, the potential for enhanced recoveries by flotation alone looks promising for both copper and gold," said NorthWest Copper VP Business Development and Exploration Geoff Chinn.

The company said additional infill and step-out drilling is required to confirm, extend, and enhance the confidence of the higher-grade target zones and planning is underway to define a phased drill program, to achieve a regular 50m drill spacing across some target zones in addition to testing targets beyond the model extents.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Once a beacon of stability, Vietnam to name third president in a year
Once a beacon of stability, Vietnam to name third president in a year
Mar 22, 2024
HANOI, March 22 (Reuters) - Communist-ruled Vietnam is seeking its third president in little more than a year after the resignation of Vo Van Thuong, who was only elected last year after the sudden dismissal of his predecessor. With accumulated foreign direct investment higher than its gross domestic product, Vietnam's stability is crucial to multinationals with large operations in the...
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Mar 22, 2024
05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Mar 22, 2024
(Reuters) - Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit ( RDDT ) in the social media platform's strong market debut on Thursday, an email from the asset manager showed. A total of 9,982 shares of the loss-making company was added to ARK Next Generation Internet ETF ( ARKW ) and ARK Fintech Innovation ETF (...
Japan's union group Rengo announces biggest wage hikes on record
Japan's union group Rengo announces biggest wage hikes on record
Mar 22, 2024
TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...
Copyright 2023-2025 - www.financetom.com All Rights Reserved