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

On December 18, 2025, NorthWest Copper reported assay results from two additional drill holes from its 2025 exploration program at the Kwanika property in British Columbia. The highlight was hole K-25-283, which intersected a high-grade interval of 43 metres grading 1.83% copper (Cu) and 1.28 g/t gold (Au), equivalent to 3.01% copper equivalent (CuEq), starting from a depth of 260 metres. The second hole, K-25-273, also returned two significant high-grade intercepts: 123 metres of 1.31% Cu and 0.83 g/t Au (2.09% CuEq) and 82.2 metres of 1.07% Cu and 1.71 g/t Au (2.62% CuEq).

The CEO, Paul Olmsted, stated that these results exceed expectations and consistently demonstrate the merit of prioritizing higher-grade zones. The results from the fourteen holes completed in the 2025 program, along with ongoing metallurgical test work, are expected to support a more capital-efficient and economically robust development plan in an updated Preliminary Economic Assessment (PEA).

The news is Materially Positive. The reported intercepts, particularly the 43 metres at 3.01% CuEq, are very high-grade and economically significant. This release is not a one-off success but the latest in a consistent series of strong drill results reported since October 2025.

The core of the analysis is how this news aligns with the company's stated strategy. In early 2025, new management pivoted to focus on defining higher-grade zones within the existing Kwanika resource to improve the economics of the 2023 PEA. After successfully raising over C$4.6 million in mid-2025, the company initiated a drill program and metallurgical testing. The drill results announced over the past three months, including this most recent one, have systematically validated this strategy. Each successful hole de-risks the geological model and increases the probability that the updated PEA will show a viable, more capital-efficient project.

While the market has already reacted positively to the initial drill results (the stock rose from ~$0.20 to a high of $0.58), these continued high-grade hits provide crucial confirmation and build confidence in the asset's quality. They demonstrate continuity of high-grade mineralization and successful targeting by the exploration team, which is critical for building a robust resource model for the updated PEA. This is not a "game-changing" new discovery, but it is a material confirmation that the company is successfully executing its value-enhancement plan.

NorthWest Copper Corp. is a Canadian copper-gold exploration and development company focused on its portfolio of projects in British Columbia. Its flagship asset is the Kwanika project, a copper-gold porphyry deposit. Following a change in management in late 2024/early 2025, the company has shifted its strategy. Instead of pursuing the large-scale development outlined in a 2023 PEA, the current focus is on defining and expanding higher-grade zones within the existing resource. The goal is to delineate a more manageable, capital-efficient starter project that can be outlined in an updated PEA expected in the first half of 2026.