NorthWest Copper adopts phased development for Kwanika-Stardust

financialpost.com

NorthWest Copper has announced a new strategy for its Kwanika-Stardust project in British Columbia. The Company will take a phased development approach to increase the project's value. Geoff Chinn, the new VP of Business Development and Exploration, is leading this effort. For 2025, NorthWest plans to focus on several key areas. This includes targeting higher-grade sections of the mineral resource at Kwanika. They also aim to explore nearby areas that are ready for drilling. Additionally, the Company is considering a hub and spoke model to develop more resources, including the Kwanika South and Lorraine sites. CEO Paul Olmsted stated that this phased approach should offer investors a more economical development path. By starting with high-grade copper and gold areas, they hope to improve project economics. Recent increases in copper and gold prices could further benefit the Kwanika-Stardust project. Geoff Chinn shared his insights into the mineral resource at Kwanika. He believes there is potential to refine the geology model, focusing on higher-grade zones while moving away from complex estimation methods. This strategy may improve metal recoveries, especially for gold. NorthWest Copper is dedicated to responsible mineral exploration and will work closely with First Nations. More updates on the project are expected throughout the year as they progress with their plans.


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