$NWST.V

NorthWest Copper Reports Palladium Assay Results from Historical Drilling at Kwanika Project

NorthWest Copper (NWST.V) reported palladium assay results from historical drilling at the Kwanika project in British Columbia, highlighting the potential for palladium to provide an additional by-product credit, the company said on Wednesday.Sample pulps from Kwanika have been stored since the 2007 drill program. However, palladium has only been systematically assayed since 2022. As a result, most of the assay database supporting the current mineral resource estimate does not include palladium values.Palladium, a designated critical mineral, is used primarily in automotive catalytic converters, with emerging use in fuel cells and hydrogen purification equipment.Results demonstrate that certain mineralized zones have the potential to host payable palladium by-product credits, specifically Zones 2, 5, and 10.Highlights of the results include 74.1 meters of 1.04% copper, 1.48 grams per tonne gold, 3.32 g/t silver and 0.71g/t palladium from 27.4 m; and 30.5 m of 0.53% copper, 1.28 g/t gold, 1.61 g/t silver and 0.40 g/t palladium from 101.1 m.

Azimut and NorthWest Copper Among Latest TSX Venture Cos To Adopt Semi-Annual Reporting

NorthWest Copper Among Latest TSX Venture Cos To Adopt Semi-Annual Reporting

NorthWest Copper Increases Private Placement of Units to $12.0 Million

NorthWest Copper (NWST.V) is increasing its private placement of units by $2.0 million, to $12.0 million, the company said on Thursday.NorthWest Copper will issue at least $3.0 million worth of hard-dollar (HD) units, at $0.35 each, a combination of charity flow-through (CFT) units at $0.515 apiece, and flow-through (FT) units at $0.41 each. The agents have also been granted a 15% over-allotment option to offer additional HD, CFT and FT units.Each unit will comprise of one share and one-half of a two-year warrant to buy a share at $0.45."The strong investor demand for this financing is a significant success for the company. Demand for both the hard-dollar and flow-through components reflects confidence in our new strategic approach at Kwanika following the updated mineral resource released in March. This funding will support delivery of an updated Preliminary Economic Assessment (PEA) at the Kwanika-Stardust project, targeted for mid 2026, and fully fund planned exploration drilling aimed at upgrading and expanding the mineral resources," said chief executive Paul Olmsted.The offering will close on May 14.NorthWest Copper shares were last seen unchanged at $0.345 on the TSX Venture Exchange.

NorthWest Copper Brief: Raising C$10 Million in a Best-Efforts Private Placement of Common Share Units, Charity Flow-Through Units and Flow-Through Shares