Norwest Minerals (ASX:NWM) reports wide spaced reverse circulation (RC) drillholes have intersected copper oxide at its wholly owned Bali Copper Project in Western Australia.
The $9.20 million market capitalisation company reports the latest intersections extended down-dip from its V6 target uncovered last year via surface mapping and rock chip sampling.
Some of the ‘significant’ copper (Cu) oxide intervals along the V6 structure includes hole BRC004 with 3m @ 6.2% Cu from 13m; hole BRC003 with 1m @ 1.6% Cu from 26m; and hole BRC008 with 1m @ 4.5% Cu from 18m.
Norwest drilled 11 holes for 880m, with 8 holes targeting the V6 target which lies near the western tenement boundary. The remaining 3 holes tested the smaller V3 and V10 structures.
The company is expecting to conduct drilling at the V1 and V2 copper-gold structures later this year, following completing earthworks.
The Bali Copper Project lies 75km west of Paraburdoo in Western Australia and includes a 8k long shear major faulted zone which hosts copper, lead, zinc, and silver mineralisation.
Norwest Minerals is a Western Australian-focused mineral explorer with assets considered to be ‘highly prospective’ for rare earths, copper, gold, and base metals.
Write to Aaliyah Rogan at Mining.com.au
Images: Norwest Minerals
