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NorthWest Copper Retains Option on Arjay Project, Amends Payment Terms

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NorthWest Copper Retains Option on Arjay Project, Amends Payment Terms

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Northwest Copper ( (TSE:NWST) ) just unveiled an announcement.

NorthWest Copper has decided to maintain its option on the Asitka claims, a key portion of its Arjay project, by making the next option payment as per the agreement. This move underscores the company’s belief in the exploration potential of the Arjay project, which is strategically located near existing infrastructure and known for its promising copper and gold targets. The company is also exploring partnerships to advance its early-stage projects like Arjay, while focusing on its core assets. Additionally, NorthWest has amended the payment terms under the option agreement and settled outstanding debts with service providers.

More about Northwest Copper

NorthWest Copper is a company involved in the mineral exploration industry, focusing on discovering and developing porphyry copper and gold deposits. The company has a diverse portfolio of exploration properties, including the Arjay project, which is part of its land package in British Columbia’s Omineca district.

Average Trading Volume: 155,369

Technical Sentiment Signal: Buy

Current Market Cap: C$74.27M

See more insights into NWST stock on TipRanks’ Stock Analysis page.

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