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Norwest Minerals Ltd. ( (AU:NWM) ) just unveiled an update.
Norwest Minerals reported an active December 2025 quarter marked by intensive drilling across its Western Australian gold portfolio and a strategic upgrade of its Dales Gossan silver-base metals discovery. At its flagship Bulgera Gold Project, the company completed a Phase 2 reverse circulation drilling campaign targeting down-dip extensions of existing mineralisation, alongside a large-diameter diamond program to generate metallurgical samples for heap leach amenability and recovery testing, with results to feed into an updated mineral resource estimate due in early 2026. Nearby at the Marymia East Gold Project, Norwest completed a five-hole RC program and a diamond core tail at the Shiraz prospect to follow up a high-grade historical intercept, with assays expected in early 2026, positioning the area as potential high-grade satellite feed for Bulgera. In the Arunta West Project, the company elevated the Dales Gossan silver-base metals prospect to high-priority status in response to sharply higher silver prices and secured high-resolution magnetic and radiometric data from a government-funded airborne survey, which will be used to map structures along the Sandman Fault and search for repeats of the Dales Gossan mineralised system. Collectively, these activities underline Norwest’s efforts to grow its resource base, de-risk a low-cost gold development at Bulgera, and capture upside from rising silver markets, which could strengthen its project pipeline and future development options.
The most recent analyst rating on (AU:NWM) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Norwest Minerals Ltd. stock, see the AU:NWM Stock Forecast page.
More about Norwest Minerals Ltd.
Norwest Minerals Limited is an Australian exploration company focused on gold and silver-base metals projects, with key assets including the Bulgera and Marymia East gold projects in Western Australia and the Arunta West project targeting silver and base metals. Its strategy centres on expanding mineral resources and advancing low-cost development pathways, particularly heap leach processing for its gold assets, while leveraging favourable commodity price trends in precious and base metals markets.
Average Trading Volume: 2,085,984
Technical Sentiment Signal: Sell
Current Market Cap: A$10.3M
For an in-depth examination of NWM stock, go to TipRanks’ Overview page.