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An update from Aurwest Resources ( (TSE:AWR) ) is now available.
Aurwest Resources has signed a non-binding Letter of Intent with Pacific Bay Minerals to earn a 50% interest in the Weaver Gold Project in southwestern British Columbia over three years, advancing its entry into the province’s gold exploration sector. The Weaver property, located in the East Harrison Lake Belt with strong infrastructure access, has shown high-grade historical gold and silver results and additional nickel-copper sulphide potential, and Aurwest’s staged cash, share, and exploration spending commitments signal a strategic move to expand its exploration footprint and exposure to a high-potential, underexplored asset.
More about Aurwest Resources
Aurwest Resources Corporation is a Canadian-based junior resource company focused on the acquisition, exploration, and development of gold properties in Canada, targeting prospective mineral projects to build a portfolio of early-stage and advanced exploration assets.
Average Trading Volume: 182,798
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$1.05M
For detailed information about AWR stock, go to TipRanks’ Stock Analysis page.