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Norwest Minerals Ltd. ( (AU:NWM) ) has issued an update.
Norwest Minerals Ltd. has completed its exploration drilling programs at the Marymia East and Bulgera Gold Projects. The company has delivered all samples for gold assay analysis, with results expected in the coming weeks. At Marymia East, the drilling aimed to explore potential high-grade gold mineralization, while at Bulgera, the focus was on expanding the mineral resource estimate and assessing the feasibility of a heap leach operation. The completion of these programs marks a significant step in Norwest’s efforts to enhance its gold resource base and explore cost-effective extraction methods, potentially impacting its operational strategy and market positioning.
More about Norwest Minerals Ltd.
Norwest Minerals Ltd. is an exploration company operating in the mining industry, focusing primarily on gold exploration and development. The company is engaged in projects such as the Marymia East and Bulgera Gold Projects, aiming to expand its mineral resource estimates and explore potential low-cost heap leach operations.
Average Trading Volume: 2,787,716
Technical Sentiment Signal: Sell
Current Market Cap: A$12.36M
See more insights into NWM stock on TipRanks’ Stock Analysis page.