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Northwest Copper ( (TSE:NWST) ) has issued an announcement.
NorthWest Copper has released an updated mineral resource estimate for the Kwanika Central deposit at its Kwanika-Stardust Project in British Columbia, confirming a sizeable copper-gold resource across both open pit and underground sub-level cave configurations. The company plans to use this new model, which emphasizes higher-grade zones and refined geological understanding, to underpin an updated Preliminary Economic Assessment targeted for mid-2026.
The revised estimate highlights substantial indicated and inferred resources, with clearly defined higher-grade domains and the first disclosure framed around a top-down sub-level caving strategy. Management says this approach, combined with an initial open pit component and ongoing metallurgical and power studies, is intended to improve capital efficiency, manage dilution and potentially deliver a more economically compelling project than its prior 2023 assessment as Kwanika advances toward development.
More about Northwest Copper
NorthWest Copper Corp. is a Canadian mineral exploration and development company focused on copper-gold projects, notably its 100% owned Kwanika-Stardust Project in British Columbia. The company is targeting higher-grade underground and open pit resources to advance towards potential mid-size bulk mining operations.
Average Trading Volume: 407,890
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$103.3M
Learn more about NWST stock on TipRanks’ Stock Analysis page.