Aurwest Optimizes Costs Amid Exploration Focus
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Aurwest Optimizes Costs Amid Exploration Focus

Aurwest Resources (TSE:AWR) has released an update.

Aurwest Resources Corporation has reported a reduction in operating costs by 3% to $108,025 in Q1 2024, along with a net loss of the same amount and cash reserves of $13,612. The company is optimizing capital allocation to enhance future exploration efforts, particularly at its Stars Copper project in British Columbia. These efforts are part of Aurwest’s strategy to focus on the acquisition, exploration, and development of gold properties in Canada.

For further insights into TSE:AWR stock, check out TipRanks’ Stock Analysis page.

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