NorthWest Copper Corp (TSX-V:NWST) said it has identified a highly prospective drill transfer target approximately 500 metres south of the Kwanika Central Zone in British Columbia.
In recent months, NorthWest said its exploration team has been reassessing the vast amount of exploration data available for Kwanika, which has resulted in the identification of new prospective areas.
The transfer target is an exciting and tangible result of that ongoing work, it added.
The target was identified primarily by new interpretations of the 3D induced polarization (3DIP) survey completed in 2022, as well as new models that reconstruct movement on post-mineral structures, and alteration and metal zoning patterns.
“The Transfer Target is an excellent example of NorthWest’s planned strategy to drill high-leverage exploration targets in 2023,” said Northwest Copper interim president and CEO David Moore in a statement.
He added: “The Transfer Target has potential to add shallow, high-impact, open-pitable mineralization within the existing footprint of the Kwanika Project. The target can be tested by a small number of relatively shallow drill holes and is logistically easy to access.
“Projections of grade based on truncated resource blocks west of the Line Fault can be used to effectively target this drilling and suggest that the Transfer Target may represent the faulted offset of the Kwanika Central Zone. We are continuing to reassess our historical results to identify additional high-impact drill targets within our portfolio.”
NorthWest Copper is a 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 is well-positioned to participate fully in a strengthening global copper market.
Kwanika is located in the prolific Quesnel Terrane, which hosts numerous porphyry copper-gold deposits such as Mount Milligan, New Afton, and Highland Valley. It is easily accessible by road from the town of Fort St. James, British Columbia.
Contact the author at jon.hopkins@proactiveinvestors.com