Norwest Minerals Ltd. (AU:NWM) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Norwest Minerals Ltd. is set to commence a significant 120-hole drilling program in the West Arunta region after a successful A$2.5 million capital raise, aimed at testing high-potential copper, gold, and critical mineral targets across its expansive Malibu, Duck, and Tamba prospects. The company’s shares were priced at $0.026, with the fundraising exceeding investor demand, reflecting confidence in the prospective drill targets. These developments come alongside the advancement of Norwest’s other mineral projects and general working capital.
For further insights into AU:NWM stock, check out TipRanks’ Stock Analysis page.