NorthWest Copper jumps on drill results

NorthWest Copper (TSX-V:NWST) announced today it intersected 33.60% CuEq over 9.40 metres within a 235.45 metre interval of 2.92% CuEqu at its Kwanika project located in B.C.

The company called the discovery a new style of high-grade mineralization.

The stock traded up 50% to 95 cents a share.

"This drill hole is a game changer for our Kwanika Deposit and for the region," says Peter Bell, President and CEO. "The very high grade within a larger porphyry system is very unusual and establishes a brand new and incredibly exciting target type. We drilled one of the highest-grade drill holes reported globally in 2018, when DDH18-SD-421 intersected 100 metres of 5.30% CuEq, at our adjacent Stardust deposit. This new Kwanika drill hole is even higher-grade than drill hole 421 and occurs just 7 km away. The presence of such extraordinary grades in multiple deposits is both surprising and rare and opens up multiple, very high-grade exploration targets over a substantial area."

By Michael McCrae

For Kitco News

Follow michaelmccraemmccrae@kitco.comwww.kitco.com Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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