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An announcement from Norwest Minerals Ltd. ( (AU:NWM) ) is now available.
Norwest Minerals Limited has successfully completed Phase 1 of its 2025 Reverse Circulation drilling campaign at the Bulgera Gold Project, ahead of schedule and under budget. The drilling intersected multiple zones of potential gold mineralization, consistent with the company’s geological model, and the samples are now being analyzed for gold content. The results, expected in 4 to 6 weeks, could significantly impact the company’s operations and industry positioning by confirming higher-grade gold resources at depth. Phase 2 of the drilling campaign is set to commence next month, further exploring the Bulgera and Marymia projects.
More about Norwest Minerals Ltd.
Norwest Minerals Limited is a company operating in the mining industry, primarily focused on gold exploration and development. The company is engaged in projects such as the Bulgera Gold Project in Western Australia, aiming to expand its gold resources and enhance its market position in the gold mining sector.
Average Trading Volume: 2,158,616
Technical Sentiment Signal: Sell
Current Market Cap: A$12.1M
Find detailed analytics on NWM stock on TipRanks’ Stock Analysis page.