Norwest Minerals Ltd. (AU:NWM) has released an update.
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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.
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