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Norwest Minerals Ltd.

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Summary

Project:

Bulgera

Deposit:Bulgera
Location:Australia
Commodities:Gold
Date:9/11/2019
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:11-9-2019: Norwest Minerals Ltd. announces a Resource Estimation report for its Bulgera deposit at the Bulgera project. Initial mineral resource estimate for project. Norwest Minerals Limited (“Norwest” or “the Company”) (Australia ASX: NWM) is pleased to
Resources:(Resource, I+I): 2.0Mt @ 1.03g/t Au for 65.5Koz Au contained
CP/QP:[Resources]: Stephen Hyland (Hyland Geological and Mining Consultants)
ABSTRACT:Norwest Minerals Limited (“Norwest” or “the Company”) (Australia ASX: NWM) is pleased to announce a maiden gold resource of 2.0 million tonnes grading 1.03 g/t gold totaling 65,500 ounces for its 100% owned Bulgera Gold Project (“Bulgera”) located 200kms north of Meekatharra near the Plutonic Gold operation. The gold resource was estimated using a 0.7g/t gold lower cut-off. The resource modelling was undertaken by independent resource experts Hyland Geological and Mining Consultants (“HGMC”) using Bulgera’s extensive historical exploration, development and mining database. MineSight software was utilised to construct the block models and run geostatistical and variography calculations. Kriging algorithms were applied to determine block gold grades. Details of the gold resource modelling and resource calculations are included in the JORC Tables below.

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