Norwest Minerals

Norwest Minerals (ASX:NWM) is pleased to announce a key technical milestone for the Bulgera Gold Project, engaging leading WA heap leach specialists Kappes, Cassiday & Associates Australia (KCAA). This collaboration follows excellent gold recoveries in recent testwork, positioning Norwest to advance metallurgical and project studies for near-term outcomes. Key Highlights: ▪️ KCAA appointed as heap leach advisors for Bulgera Gold Project ▪️ 86% gold recoveries achieved from -25mm bottle roll tests on highly and moderately weathered oxides ▪️ Advancing to column leach testing to inform Scoping Study economics and heap leach design ▪️ Updated Mineral Resource Estimate: 23.8Mt at 0.65 g/t Au for 501,000oz, with strong ‘Indicated’ confidence ▪️ Proposed operations fully contained in historically disturbed areas with positive environmental review Our CEO, Charles Schaus, commented: “Engaging globally recognised heap leach experts KCAA marks a significant step forward in de-risking the Bulgera Gold Project. The excellent 86% gold recoveries from our coarse crushed bottle roll tests give us the confidence to progress immediately to column leach testing. Integrating this metallurgical data with Orelogy’s upcoming Scoping Study puts Norwest on a clear pathway to unlocking near-term cash flow from Bulgera’s near-surface oxide gold mineralisation.” Charles Schaus https://lnkd.in/g__Ag5Er #Gold #ASX #HeapLeach #Mining #Bulgera #Metallurgy #WA

Norwest Minerals (ASX.NWM) has announced a substantial update to its Mineral Resource Estimate at the 100%-owned Bulgera Gold Project. The resource now stands at 23.8 million tonnes at 0.65g/t gold for 501,000 ounces—a 74% increase over the previous estimate. This outcome is driven by successful resource drilling and an optimised lower cut-off grade, reflecting current Australian heap leach benchmarks. Key Highlights: ▪️ 74% increase in Bulgera Gold MRE to 501,000 ounces ▪️ Phase 1 & 2 RC drilling extended mineralisation up to 300m below prior resource limits ▪️ Lowered gold cut-off (0.24g/t) aligns with current heap leach operations ▪️ Ongoing heap-leach metallurgical testwork (results due Q2 2026) ▪️ Acceleration of production studies, permitting, and mining optimisation Our CEO, Charles Schaus, commented: “This 74% increase in our Mineral Resource Estimate marks a transformative milestone for Norwest and the Bulgera Gold Project. By reaching the half-million-ounce mark, we have significantly elevated the project’s scale and commercial appeal.” Next Steps: ➡️ Complete metallurgical testwork and report results ➡️ Progress heap leach feasibility and permitting processes ➡️ Advance mining optimisation and environmental reviews This resource upgrade underscores Norwest’s commitment to unlocking shareholder value and rapidly advancing Bulgera toward production. Charles Schaus https://lnkd.in/g6CcP33C #NorwestMinerals #ASX #Gold #Mining #Bulgera #Resources #AustralianMining

Norwest Minerals (ASX:NWM) has announced promising high-grade gold results from the Marymia East Gold Project in Western Australia. The latest Reverse Circulation (RC) and diamond drilling program confirms the project as a strong contender for near-surface resource growth, potentially supporting the Bulgera heap leach project. Key Highlights: ▪️ High-grade gold intersection: 3m at 7.93g/t Au from 48m (including 1m at 21.4g/t Au at Shiraz Prospect) ▪️ Marymia East covers 230 km², located <10km from Bulgera Gold Project ▪️ Extensive shallow mineralisation confirmed across Shiraz and Chardoney prospects from both new and historical results ▪️ Updated Bulgera mineral resource estimate expected within 3 weeks Our CEO, Charles Schaus, commented: “The high-grade near-surface gold drill intersections at Shiraz and Chardonay prospects validate our view that Marymia East hosts significant potential as a satellite feed source for a prospective Bulgera heap leach operation. This result, combined with extensive historical exploration data, sets the stage for establishing maiden resources at both Shiraz and Chardoney in the near term.” Next Steps: ➡️ Commence 3D modelling of drill data at Shiraz and Chardoney ➡️ Estimate maiden gold mineral resources for both prospects ahead of April 2026 close Charles Schaus https://lnkd.in/gQs2HFfK #NorwestMinerals #ASX #Gold #WAmining #ResourceUpdate #Exploration #InvestorNews

Norwest Minerals (ASX.NWM) has announced strong Phase 2 RC drilling results at the 100%-owned Bulgera Gold Project, confirming the extension of gold mineralisation at depth along the Price-Mercuri trend. The latest assays reinforce the project’s geological consistency and provide a solid foundation for the upcoming mineral resource estimate update. Key Highlights: ▪️ Multiple high-grade intercepts, including 5m at 3.9g/t Au from 238m ▪️ All RC holes targeting the Price-Mercuri trend returned significant gold results ▪️ Confirms robust system remains open at depth — high-priority for future resource growth ▪️ Geological model update underway for late Q1 2026 MRE ▪️ Heap leach amenability testwork in progress Our CEO, Charles Schaus, commented: “These Phase 2 results are a fantastic follow-up to our successful Phase 1 campaign. Intersecting 4g/t gold at 238 metres and maintaining solid grades below 200 metres reinforces our thesis that the Bulgera gold system remains robust at depth. With the current record gold price environment, these grades and widths are highly encouraging as we move toward an updated Mineral Resource Estimate and continue our studies on a low-cost heap leach operation.” Next Steps: ➡️ Finalise and deliver updated Mineral Resource Estimate in late Q1 2026 ➡️ Continue heap leach testwork on bulk oxide samples ➡️ Release results from recent Marymia East drilling These results further underpin Norwest’s strategy of advancing Bulgera’s resource base and de-risking development options for shareholders. Ongoing drilling and testwork will inform future growth and provide further catalysts. Charles Schaus https://lnkd.in/g6-bP_Fb #NorwestMinerals #Gold #ASX #Bulgera #Drilling #ResourceGrowth #HeapLeach #Mining

Norwest Minerals announces the completion of the GSWA Aileron 2025 airborne magnetic and radiometric survey by the West Australian government. The survey covers the Company's Arunta West Project, marking an important milestone in the regional exploration program. The high-resolution data, now under review, will support new drill targeting and further unlock the potential of the project, amid a strong silver price environment. Results from survey processing are expected in Q1 2026, paving the way for the next phase of exploration at Arunta West. https://lnkd.in/g3RMWzkb #Exploration #Silver #BaseMetals #ASX #Mining #AruntaWest #ResourceDevelopment

Norwest Minerals Limited (ASX.NWM) has completed all planned drilling at the Marymia East and Bulgera Gold Projects for 2025. Key Highlights: ▪️ RC drilling finalised at Marymia East, targeting extensions of historical high-grade gold at Shiraz prospect ▪️ Bulgera’s Phase 2 drilling finished, focusing on expanding the 288koz Mineral Resource Estimate ▪️ Wide-diameter core samples taken at Bulgera for low-cost heap leach assessment ▪️ All samples now at Intertek Perth; gold assay results due Jan–Feb 2026 ▪️ Updated Bulgera resource model and revised heap leach studies scheduled for early 2026 Our CEO, Charles Schaus, commented: “We are delighted to report the successful and timely completion of all planned drilling at both the Bulgera and Marymia East Gold Projects. This marks a major step forward across all our key technical objectives. With all samples now at the lab, we look forward to a busy start to 2026, with an updated Bulgera MRE and Marymia East assay results both expected by the end of February next year.” Charles Schaus https://lnkd.in/gaGfD3Fj #Gold #ASX #Mining #Exploration #ResourceUpdate #HeapLeach #WestAustralia

ASX Announcement: Bulgera drilling underway Norwest Minerals CEO, Mr. Charles Schaus, commented: "We are very pleased to have completed the targeted RC drilling at Marymia East and look forward to those assay results next month, which will test the potential around the historical high-grade gold intercept. Simultaneously, the focus has shifted to Bulgera, where our resource expansion drilling is well underway, aiming to increase the existing 288k ounce resource. Importantly, the newly collected diamond core is now being prepared for heap leach testwork, a critical step in evaluating the economic viability of the near-surface gold mineralisation at Bulgera. We anticipate a steady flow of news over the coming months." 🔗   https://lnkd.in/eyci6-ZX #ASXNews #Gold #NWM #exploration

ASX Announcement: Drilling for High-Grade gold commences at the Marymia East Project CEO Charles Schaus commented: “Norwest Minerals is executing a clear, multi-pronged strategy: pursuing high-impact exploration at Marymia East, driving resource growth at Bulgera, and accelerating the potential for near-term cash flow through the heap leach development. We look forward to delivering results across all these fronts over the coming months.” Read full announcement: https://lnkd.in/geJ-ckcd #NorwestMinerals #bulgera #marymiaeast #gold #mining #stockmarket #ASX #NWM

ASX Announcement: Quarterly Activities/Appendix 5B Cash Flow Report 🔗 Read full announcement: https://lnkd.in/eusUvTWA #ASXNews #Gold #NWM #exploration

NWM CEO Charles Schaus interview with Stockhead -  Long Shortz with Norwest: Gold, growth and a dual discovery drive 🔗 Watch full interview: https://lnkd.in/e-mRSui4    #ASXNews #Gold #NWM #exploration