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An announcement from Northwest Copper ( (TSE:NWST) ) is now available.
NorthWest Copper has announced a new higher-grade target model for its Kwanika project, marking a strategic move to enhance the value of its existing Preliminary Economic Assessment (PEA). This model identifies significant higher-grade zones within the current mineral resource, which could potentially improve the project’s economic viability. The new model supports a target size range of 15 to 30 million tonnes of higher-grade mineralized material, potentially leading to a phased development approach with lower capital costs. This development is expected to provide a clearer understanding of the project’s mineralization, aiding stakeholders in assessing future steps and drilling plans.
More about Northwest Copper
NorthWest Copper is a company operating in the mining industry, focusing on the exploration and development of copper and gold projects. Its primary market focus is on enhancing the value of its existing projects through strategic initiatives and development approaches.
YTD Price Performance: -48.33%
Average Trading Volume: 111,486
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$36.6M
Find detailed analytics on NWST stock on TipRanks’ Stock Analysis page.