One could draw parallels between the exploration targets of NWC...

One could draw parallels between the exploration targets of NWC and AMC...geophysics, geochem, nearology etc.

As lovely as a target might be, there are many slips twixt it and drill hole success. OZL spent $100M in two years drilling compelling targets in the search for the next Prominent Hill and came up empty-handed.

The west and central anomalies aren't new targets excepting that they now have psychedelic hotspots at depth.

The west outcrops as a gossan and there are old workings on it.

Exxon drilled holes into the west (1) and central (2) anomalies of AMC.

As of June 2022, AMC had drilled two holes into central and as of October 2022...

A total of six holes were drilled to the west from pad 7 (see Figure 3), but due to the westerly dip of the stratigraphy and the Central Target EM anomaly, these holes did not fully test the Central Target. Results from these six holes, along with updated structural mapping and ground-loop EM
geophysics, will be used to refine the drill targeting from pads C1 and C2. The location of these pads will provide much better angles to intersect the core of the Central Target, while also testing for its extensions north and south on strike of the mafic-felsic contact that potentially hosts mineralization.

So AMC have some holes into Central and probably haven't found anything SO FAR because nothing has been announced, be that visuals or assays.

I know that poor results at AMC don't help the AMC valuation. However if we're after a fair valuation for NWC we need to know the good and the bad of AMC if it is to be used as the yardstick.

Old holes into newish targets...