NORWEST MINERALS (ASX:NWM)
This quiet but industrious explorer is surging on a new ‘very’ high-grade copper-gold-quartz discovery which extends across several target areas at the Bali Copper Project in Western Australia.
Recent exploration work of 23 wide-space rock chip samples reported consistently high-grade of up to 46.2% copper and 6.74 g/t gold which Norwest’s CEO Charles Schaus says is a ‘very exciting outcome’, especially considering the results of fellow neighbour explorer Techgen Metals (ASX:TG1) with hits of up to 55% copper 8km along strike from Bali.
Drilling is already underway to test four historical copper prospects along the Bali Shear.
The company is also planning to test the down dip extent of these new high-grade copper-gold quartz veins being undertaken alongside ongoing exploration fieldwork programs.
