NWM 4.17% 2.5¢ norwest minerals limited

Norwest Minerals awaits heritage clearance approvals for...

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    Norwest Minerals awaits heritage clearance approvals for drilling at Bali Copper Project, WA
    By Aaliyah Rogan 18 May 2023

    Norwest Minerals (ASX:NWM) has submitted applications for heritage clearance across proposed drill sites for the Bali Copper Project in Western Australia.

    The company reports a study is set to commence prior to the end of the quarter, with drilling to begin shortly thereafter.

    This announcement comes after further mapping and sampling in the area increased the strike length and the number of narrow copper-rich structures extending across the project.

    Norwest reports multiple copper-rich vein structures in the region extend about 3.2km and average 19% copper. These have now been mapped and rockchip sampled across Bali’s Deep South and Conglomerate prospects.

    Many of the copper-rich rockchips returned ‘strong’ gold tenor, including vein 1, with 17.1% Cu, including 1.4g/t Au and 28.8% Cu, including 1.2g/t Au; vein 2, with 37.8% Cu, including 6.7g/t Au and 27.4% Cu, including 4.8g/t Au; and vein 3 with 16.6% Cu, including 1.3g/t Au.

    Norwest Chief Executive Officer (CEO) Charles Schaus says: “The copper-rich structures discovered in Bali’s south clearly represent exciting drill targets.

    THE IMPRESSIVE COPPER GRADES FROM THE DEEP SOUTH AND CONGLOMERATE PROSPECTS SHOW EXCELLENT CONTINUITY ALONG THE MAPPED STRUCTURES”

    The impressive copper grades from the Deep South and Conglomerate prospects show excellent continuity along the mapped structures, suggesting our high-risk grassroots exploration may soon deliver substantial rewards to Norwest shareholders.”

    Norwest Minerals is an ASX-listed exploration company focused on gold, base metals, rare earth elements, and lithium across Western Australia. The company’s Bali Copper Project is located 200km from Newman.

    https://m*i*n*ing.com.au/norwest-minerals-awaits-heritage-clearance-approvals-for-drilling-at-bali-copper-project-wa/

 
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