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Norwest Minerals Ltd. ( (AU:NWM) ) has provided an announcement.
Norwest Minerals Limited reported significant progress in its Bulgera Gold Project with the completion of Phase 1 Reverse Circulation drilling, confirming continued gold mineralization at depth. The company is also optimistic about the economic potential of the proposed Bugera heap leach project, with positive preliminary cashflow models. Additionally, Norwest plans to drill-test historical gold targets at the Marymia East Project and is awaiting results from a government-sponsored geophysical study that could impact its West Arunta tenure.
More about Norwest Minerals Ltd.
Norwest Minerals Limited operates in the mining industry, focusing on gold exploration and development. The company is primarily engaged in advancing its gold projects, including the Bulgera Gold Project and the Marymia East Project, with a market focus on gold mineralization and resource expansion.
Average Trading Volume: 2,585,244
Technical Sentiment Signal: Sell
Current Market Cap: A$14.42M
See more insights into NWM stock on TipRanks’ Stock Analysis page.