NorthWest Copper Corp (TSX-V:NWST) has announced the final results from its 2022 drilling campaign in the Central Zone at its Kwanika deposit in British Columbia.
The company reported that hole K-22-248 expands the footprint of copper-gold mineralization north of the resource pit from the recent preliminary economic assessment (PEA), noting that the hole encountered two long intercepts over its 1,118-metre (m) length - a 449.25m interval and a 367.60m interval, both containing strong copper and gold mineralization in an area of low drilling density.
The hole also encountered trace amounts of very fine-grained chalcocite indicated by visual logging as deep as 1,025m downhole. In certain other areas of the Kwanika Central Zone deposit, the company said chalcocite is associated with strong copper-gold mineralization.
READ: NorthWest Copper reveals 400 metres of 1.01% copper equivalent from 2022 drilling at Kwanika deposit in British Columbia
Highlights from K-22-248 include:
- K-22-248: two long intersections:
- 449.25m of 0.23% copper equivalent (CuEq) from 222.05m, and
- 367.6m of 0.21% CuEq from 750.4m.
NorthWest Copper noted that the 2022 drill program at Kwanika was designed to test for high-grade zones within the known mineralization and to expand the footprint of copper and gold.
K-22-248 is the final hole from Kwanika Central from its 2022 program and the company said it has now released a total of 24 of the 30 holes drilled, with pending results from six holes at Kwanika South.
“K-22-248 identified two thick copper-gold zones in a sparsely drilled area to the north of Kwanika, providing both potential for resource growth and opportunity for new targets,” NorthWest Copper president and CEO Peter Bell said in a statement. “The presence of chalcocite at depth in the hole is also intriguing given its association with high grades elsewhere at Kwanika.”
NorthWest Copper is a new copper-gold explorer and developer with an exciting pipeline of projects in British Columbia. With a robust portfolio in a tier one jurisdiction, the company said it is well positioned to participate fully in a strengthening global copper market and is committed to responsible mineral exploration which involves working collaboratively with First Nations to ensure future development incorporates stewardship best practices and traditional land use.
Contact the author at stephen.gunnion@proactiveinvestors.com