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Norwest Minerals Limited (ASX:NWM)
ALERT: Price-sensitive ASX Announcement for NWM
Current share price for NWM : $0.007 -0.011 (-61.11%)+
Announcement
Release
25 Feb 2026 8:58AM
Price at Release
$0.018
Full Release
Summary
Norwest Minerals Limited has announced high-grade gold intersections at the Marymia East Gold Project, located less than 10 kilometers southeast of its Bulgera Gold Project. Recent reverse circulation and diamond drilling at the Shiraz Prospect yielded significant high-grade results, including a notable intersection of 3 meters at 7.93g/t gold from 48 meters in Hole MRC02. This drilling program aims to establish Marymia East as a prospective satellite feed source for the Bulgera heap leach project. Historical drilling has also confirmed extensive shallow mineralization at the Shiraz and nearby Chardoney prospects, with various significant gold intersections. The company is planning to release maiden mineral resource estimates for these prospects by April 2026.
Key Points
- High-grade gold intersections discovered at Marymia East.
- Shiraz Prospect returned 3m @ 7.93g/t Au from 48m in Hole MRC02.
- Marymia East is being evaluated as a feed source for Bulgera heap leach project.
- Historical drilling confirmed shallow mineralization at Shiraz and Chardoney.
- Maiden resource estimates expected by April 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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