NorthWest Reports Results from Two Holes at its Kwanika Property Highlighted by a High-Grade Intercept of 43 Metres Grading 1.83 % Cu, 1.28 G/T Au (3.01% CuEq) from 260 Metres
NorthWest Reports Results from Two Holes at its Kwanika Property Highlighted
by a High-Grade Intercept of 43 Metres Grading 1.83 % Cu, 1.28 G/T Au (3.01%
CuEq) from 260 Metres
TORONTO, Dec. 18, 2025 -- NorthWest Copper Corp. (“NorthWest” or the “Company”) (TSX-V: NWST) is pleased to report drill
results from two holes completed as part of its 2025 program at the Company’s 100% owned Kwanika project in British
Columbia. Both holes returned higher-grade1 results, highlighted by an intercept in hole K-25-283 within the Central Zone of 43
metres grading 1.83% Cu and 1.28g/t Au ( 3.01% copper equivalent 2, “CuEq”), and a significant near-surface intercept in K-
25-273 of 123 metres grading 1.31% Cu and 0.83g/t Au (2.09% CuEq).
Paul Olmsted, CEO of NorthWest stated: “These results continue to exceed our expectations and further demonstrate the
merits of our strategy of prioritizing higher-grade zones within the existing mineral resource at Kwanika. Our 2025 drilling has
consistently intersected higher-grade mineralization over significant widths, highlighting the quality of the system. Results from
the fourteen holes completed to date, together with our targeted improvements in recoveries from ongoing metallurgical fine
grinding test work, are expected to support a more capital-efficient and economically robust open pit and underground
development plan in an updated preliminary economic assessment (“PEA”), improving on the 2023 PEA3.”
The two holes intersected high-grade mineralization in both the Pit and Central Zones over significant widths. Hole K-25-283
successfully filled a gap in the Central Zone, intersecting a wide, high-grade interval that expands on the thickness of the zone
in the area of the hole, further confirming the continuity of the mineralization.
Hole K-25-273 intersected a broad, near-surface intercept with an estimated true width of 61 metres at the intersection
between the copper-dominant Pit Zone 11 and the gold-dominant Central Zone. This result provides important clarity on the
structural controls within a strongly mineralized area, highlighting the potential to enhance shallow open pit mineral resources.
Drill Hole Highlights:
K-25-283
Pit Zone 9: 36 metres of 0.75% Cu, 0.36g/t Au (1.09% CuEq) from 87 metres
Central Zone: 43 metres of 1.83% Cu, 1.28g/t Au (3.01% CuEq) from 260 metres
K-25-273
Pit Zone 11: 123 metres of 1.31% Cu, 0.83g/t Au (2.09% CuEq) from 28 metres
Central Zone: 82.2 metres of 1.07% Cu, 1.71g/t Au (2.62% CuEq) from 149 metres
including 46 metres of 1.29% Cu, 1.88 g/t (2.99% CuEq)
and including 30 metres of 0.66% Cu, 1.67 g/t (2.16% CuEq)
Geoff Chinn, VP Business Development and Exploration added: “Hole K-25-273 cut across a late fault that juxtaposes the
Central Zones against Pit Zone 11, returning two high-grade intercepts that extend both zones. Further south in the Central
Zone, hole K-25-283 filled a gap in drilling in an area with limited access, returning a further strong copper-gold intercept.
These results represent good progress towards expanding higher-grade zones and unravelling the structural controls on
mineralization.”
Kwanika Exploration Program
On April 10, 2025, NorthWest announced a refined model for its flagship Kwanika project (“Target Model”), highlighting three
key higher-grade zones: the Pit, Central and Western Zones. These zones target grades of 1.5% to 2.5% CuEq over combined
true thicknesses of 30 to 45 metres, to be assessed against a more selective top-down bulk underground mining method.
The 2025 exploration program is designed to confirm, define and expand on the Company’s understanding of higher-grade
copper-gold mineralization within the near surface and underground portions of the current mineral resources. Results to date
at Kwanika, including holes K-25-273 and K-25-283 demonstrate the merits of the program and indicate meaningful progress
toward these objectives is being achieved.
Hole locations for the program are presented in Figure 1 below. Figure 2 and Figure 3 illustrate cross sections of the position
and context of holes K-25-273 and K-25-283 relative to the Target Model. Continuous mineralized intercepts and collar
locations are summarized in Table 1 and Table 2.
Figure 1: Plan View of 2025 Program Drill Hole Location
Figure 2: Cross Section of Target Model at K-25-273 Drill Location
Figure 3: Cross Section of Target Model at K-25-283 Drill Location
A summary of the geological aspects of each hole is presented below. The two holes were drilled with NQ core size and
sampled on approximately 2-metre intervals from sawn half core material.
Hole K-25-273: The hole was drilled on 270° azimuth at a -77° dip to a depth of 251 metres. The primary objective of the hole
was to test for the continuity of mineralization between the Central and Pit Zones.
At 28 metres, the hole intersected a mineralized interval correlated to Pit Zone 11. The hole returned copper-dominant
mineralization over 123 metres (65 metre true width) hosted in a fractured and locally faulted hematitic potassic alteration with
quartz stockwork containing blebs of native copper and localized chalcocite associated with faulted areas.
At 149 metres, the hole intersected a mineralized interval correlated to Central Zone 4 and 6. The hole returned gold-dominant
mineralization over 82 metres (61 metre true width), hosted in a silica healed tectonic monzonite stockwork breccia. This
interval is marked by a mineralogical transition from native copper and chalcocite to chalcopyrite and pyrite. The intersection
occurs approximately 40 metres up-dip from the nearest drill hole.
Hole K-25-273 demonstrated a well mineralized intersection across Pit Zone 11 and Central Zones 4 and 6. However, the
results indicate these zones are not directly continuous, as Pit Zone 11 is characterized by copper-dominant mineralization,
whereas Central Zone 4 and 6 are gold-dominant. Instead, the hole documents late faulting characterized by secondary copper
mineral development that offsets the Pit and Central Zones. For metal zonation patterns, the scale of late fault movement
appears to be on the order of 100 metres.
Hole K-25-283: The hole was drilled on 277° azimuth at a -60° dip to a depth of 353 metres. The main purpose of the hole was
to infill the Central Zones.
At 87 metres, the hole intersected a mineralized interval correlated to Central Zone 9. The hole returned copper-dominant
mineralization over 36 metres (23 metre true width), hosted in a fractured propylitic altered diorite with patchy disseminated
pyrite and discontinuous quartz veinlets.
At 123 metres, the hole intersected a weakly mineralized interval correlated to Central Zone 8. The hole returned copper-
dominant mineralization over 46 metres (29 metre true width), hosted in fractured propylitic altered diorite with patchy
disseminated pyrite and discontinuous quartz veinlets.
At 229 metres, the hole intersected a mineralized interval correlated to Central Zone 7. The hole returned copper-dominant
mineralization over 14 metres (12 metre true width), hosted in a fractured hematitic propylitic altered diorite with disseminated
and vein hosted pyrite and chalcopyrite mineralization, and locally native copper.
At 250 metres, the hole intersected a mineralized interval correlated to Central Zone 4. The hole returned copper-gold
mineralization over 8 metre (7 metre true width), hosted in a fractured hematitic propylitic altered diorite with stockwork
containing disseminated and vein hosted pyrite and chalcopyrite mineralization, and locally native copper.
At 260 metres, the hole intersected a mineralized interval correlated to Central Zone 6. The hole returned copper-gold
mineralization over 43 metres (39 metre true width), hosted in fractured and brecciated potassic alteration with black bands of
chalcocite, native copper, and discontinuous veins with pyrite and chalcopyrite.
Hole K-25-283 successfully filled a gap in the Central Zone and returned a wide, higher-grade interval. Similar to K-25-273, this
hole also documents post-mineralization faulting characterized by the development of secondary copper minerals.
Table 1: Drill Results in this News Release 4 5
Hole From To Length Zone Cu Au Ag CuEq True Width Description
(m) (m) (m) (%) (g/t) (g/t) (%) Est. (m) Target Model Zone Reference
K-25-273 28.0 151.0 123.0 Pit 1.31 0.83 4.33 2.09 65.2 Higher-Grade Cu Pit Zone (11)
K-25-273 149.0 231.2 82.2 Central 1.07 1.71 3.15 2.62 61.0 Higher-Grade Zone 4,6
Including 153.0 199.0 46.0 Central 1.29 1.88 3.78 2.99 34.2 Higher-Grade Zone 4
And 199.0 229.0 30.0 Central 0.66 1.67 2.13 2.16 22.3 Higher-Grade Zone 6
K-25-283 87.0 123.0 36.0 Pit 0.75 0.36 2.19 1.09 23.1 Higher-Grade Pit Zone 9
K-25-283 123.0 169.0 46.0 Pit 0.49 0.17 1.85 0.66 29.6 Lower-Grade Pit Zone 8
K-25-283 228.5 242.0 13.5 Central 0.75 0.38 1.57 1.11 12.2 Higher-Grade Zone 7
K-25-283 250.0 258.0 8.0 Central 0.96 0.70 3.35 1.62 7.3 Higher-Grade Zone 4
K-25-283 260.0 303.0 43.0 Central 1.83 1.28 3.91 3.01 39.0 Higher-Grade Zone 6
Table 2: Drill Collar Information 6
Hole Collar X Collar Y Collar Z Collar Azimuth Collar Dip Final Length
K-25-273 351490 6156248 989 270 -77 251
K-25-283 351611 6156146 969 277 -60 353
Quality Assurance / Quality Control
Drilling at Kwanika in 2025 was designed and supervised by NorthWest, implemented by InData Geoscience with assay
QA/QC checks by Explore Geosolutions. Samples were collected, tracked and an external QA/QC program was implemented
using blanks and standards to monitor analytical accuracy and precision. The samples were sealed on site and shipped to
Activation Laboratories Ltd. (“Actlabs”) in Kamloops, BC. The laboratory’s internal quality control system complies with global
certifications for quality ISO 17025. Drill core samples were analyzed using a combination of Actlabs multi-element 1F2
analysis for low level concentrations (4-Acid Digestion, ICP-OES) and the 8-4 Acid ICP-OES analysis for higher level
concentrations (4-Acid Digestion, ICP-OES with automatic over limits for base metals and silver). Gold, platinum and
palladium assaying was completed with 1C-OES method, using a 30-gram fire assay with ICP finish analysis. In addition,
about 5% of the sample pulps are re-assayed at a secondary laboratory to confirm reproducibility and check for bias.
Technical aspects of this news release have been reviewed, verified, and approved by Geoff Chinn, P.Geo., VP Business
Development and Exploration for NorthWest, who is a qualified person as defined by National Instrument 43-101 – Standards
of Disclosure for Minerals Projects.
About NorthWest:
NorthWest is a copper-gold exploration and development company with a pipeline of advanced and early-stage projects in
British Columbia, including Kwanika-Stardust, Lorraine-Top Cat and East Niv. With a robust portfolio in an established mining
jurisdiction, NorthWest is well positioned to participate fully in strengthening global copper and gold markets. The Company is
committed to responsible mineral exploration, working collaboratively with First Nations to help ensure future development
incorporates stewardship best practices and respects traditional land use. Additional information can be found on the
Company’s website at www.northwestcopper.ca.
On Behalf of NorthWest
“Paul Olmsted”
CEO, NorthWest Copper
For further information, please contact:
416-457-3333
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements, other
than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections
as at the date of this news release. Any statement that involves discussion with respect to predictions, expectations, beliefs,
plans, projections, objectives, assumptions, future events or performance (often, but not always using phrases such as
“plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or
variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”,
“could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and may be forward-
looking statements. In this news release, forward-looking statements relate, among other things, to statements with respect
to; plans and intentions of the Company; proposed exploration and development of NorthWest’s exploration property interests;
the Company’s ability to finance future operations; mine plans; magnitude or quality of mineral deposits; the development,
operational and economic results of current and future potential economic studies; adding the Lorraine resource to the
Kwanika-Stardust Project; the Company’s goals for 2025; geological interpretations; the estimation of Mineral Resources;
anticipated advancement of mineral properties or programs; future exploration prospects; the completion and timing of
technical reports; future growth potential of NorthWest; and future development plans.
All statements, other than statements of historical fact, included herein, constitutes forward-looking information. Although
NorthWest believes that the expectations reflected in such forward-looking information and/or information are reasonable,
undue reliance should not be placed on forward-looking information since NorthWest can give no assurance that such
expectations will prove to be correct. Forward-looking information involves known and unknown risks, uncertainties and other
factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information,
including the risks, uncertainties and other factors identified in NorthWest’s periodic filings with Canadian securities regulators.
Forward-looking information are subject to business and economic risks and uncertainties and other factors that could cause
actual results of operations to differ materially from those contained in the forward-looking information. Important factors that
could cause actual results to differ materially from NorthWest’s expectations include risks associated with the business of
NorthWest; risks related to reliance on technical information provided by NorthWest; risks related to exploration and potential
development of the Company’s mineral properties; business and economic conditions in the mining industry generally;
fluctuations in commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the
geology, continuity and grade of mineral deposits; the need for cooperation of government agencies and First Nation groups in
the exploration and development of properties and the issuance of required permits; the need to obtain additional financing to
develop properties and uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or
development programs and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of
permits and other governmental approvals; and other risk factors as detailed from time to time and additional risks identified in
NorthWest’s filings with Canadian securities regulators on SEDAR+ in Canada (available at www.sedarplus.com).
Forward-looking information is based on estimates and opinions of management at the date the information is made.
NorthWest does not undertake any obligation to update forward-looking information except as required by applicable securities
laws. Investors should not place undue reliance on forward-looking information.
_________________________
1 “High-grade”, “higher-grade” or “strong intercepts” in this news release means intervals or grades greater than 1.0% CuEq.
2 CuEq assumes metal prices of $2646/oz gold, $4.34/lbs copper, $29.73/oz silver and 80% recovery for all metals, calculated
as follows: [Cu+100*((Au/31.1035*Au Price*80%)/(Cu Price*2204.62*80%)+(Ag/31.1035*Ag Price*80%)/(Cu
Price*2204.62*80%))]. The New Afton mine was considered as a comparable deposit and reductions to realized recoveries for
New Afton were applied for the purpose of Kwanika recoveries.
3 NI 43-101 technical report titled “Kwanika-Stardust Project NI 43-101 Technical Report on Preliminary Economic
Assessment” dated February 17, 2023, with an effective date of January 4, 2023, filed under the Company’s SEDAR+ profile
at www.sedarplus.com.
4 Estimated true widths based on collar azimuth and dip and the average dip of the mineralized zone
5 CuEq assumes consensus metal prices of $2646/oz gold, $4.34/lbs copper, $29.73/oz silver and 80% recovery for all
metals, calculated as follows: [Cu+100*((Au/31.1035*Au Price*80%)/(Cu Price*2204.62*80%)+(Ag/31.1035*Ag Price*80%)/(Cu
Price*2204.62*80%))]. The New Afton mine was considered as a comparable deposit and reductions to realized recoveries for
New Afton were applied for the purpose of Kwanika recoveries.
6 Collar coordinates reference UTM Zone 10N NAD83.
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