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Norwest Minerals Ltd. ( (AU:NWM) ) has issued an update.
Norwest Minerals Limited announced the completion of reconnaissance drilling at its West Arunta project, revealing significant mineralization of silver, lead, zinc, and copper at Dales Gossan. The company is awaiting further assay results and has planned additional exploration activities, including a 1.2 km induced polarization program. At the Bulgera Gold Project, Norwest aims to increase its oxide resource and estimate gold content in waste dumps, with mining lease discussions progressing positively, indicating potential expansion and increased resource estimates.
More about Norwest Minerals Ltd.
Norwest Minerals Limited operates in the mining industry, focusing on exploration and development of mineral resources including critical minerals and precious metals. The company’s market focus includes projects like West Arunta and Bulgera, where they are exploring for resources such as silver, lead, zinc, copper, and gold.
YTD Price Performance: 0%
Average Trading Volume: 570,771
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$6.79M
See more insights into NWM stock on TipRanks’ Stock Analysis page.
