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NorthWest Copper Corp (NWCCF) is a mineral exploration company focused on the exploration and development of copper-gold porphyry projects in British Columbia. The company's flagship asset is the Kwanika copper-gold project, located in the Quesnel Trough. With a strong management team and strategic partnerships, NorthWest Copper Corp aims to unlock the full potential of its projects through continued exploration and resource expansion.
NorthWest Copper (TSX-V: NWST) has outlined its strategic direction for 2025 under new CEO Paul Olmsted. The company plans to focus on advancing its key projects: Kwanika-Stardust and Lorraine-Top Cat. The strategy includes improving the economics of the existing Kwanika-Stardust preliminary economic assessment through three main initiatives:
1) Exploring near-surface targets at the Transfer Target zone
2) Evaluating options to incorporate Lorraine property resources in future economic studies
3) Analyzing the Kwanika mineral resource to consider a higher-grade, lower capital staged project
The company has engaged Equity Exploration Consultants to support exploration activities, following their successful work on the Lorraine-Top Cat project in 2024. The company's assets, located in British Columbia, include significant copper resources positioned to benefit from global electrification demands, along with gold exposure at near all-time high prices.
NorthWest Copper has appointed Paul Olmsted as Chief Executive Officer and Board member. Olmsted brings over 30 years of mining industry experience, notably serving as CFO of Superior Gold (2016-2023) and Senior VP of Corporate Development at IAMGOLD (2002-2014), where he led transactions valued at nearly C$10 billion. The company has granted Olmsted 650,000 stock options at C$0.15 per share and 250,000 Restricted Share Units, both vesting over three years. The appointment aims to advance NorthWest's copper and gold assets in British Columbia, particularly the Kwanika-Stardust and Lorraine-Top Cat projects.
On January 16, 2023, NorthWest Copper (OTCQX: NWCCF) reported significant results from its 2022 Kwanika drilling program. The highlight is hole K-22-255, which yielded 399.80 metres at 1.01% copper equivalent (CuEq), featuring multiple high-grade intervals. Notable intersections include 23.40 metres at 2.51% CuEq and 151.00 metres at 1.55 g/t gold. The ongoing drilling program aims to expand mineralization and identify higher-grade zones, with seven holes still pending assays. CEO Peter Bell indicated that the results underscore Kwanika's robust mineralizing system and potential for future revenue generation.
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