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ArcWest Exploration Inc V.AWX

Alternate Symbol(s):  SJRNF

ArcWest Exploration Inc. is a Canada-based mineral exploration company. It is focused on porphyry copper-gold exploration opportunities throughout western North America. Its projects include Oweegee Dome, Todd Creek, Eagle, Rip, Sparrowhawk, and Teeta Creek & NVI. Its 100% owned, 32,133-hectare Todd Creek project is located 30 kilometers (km) northeast of Stewart and 45 km southeast of the giant KSM-Iron Cap porphyry Cu-Au (Seabridge Gold) and Treaty Creek Au-Ag+/-Cu (Tudor) deposits in B.C.'s Golden Triangle. Its 100% owned, 31,077-hectare Oweegee Dome porphyry Cu-Mo-Au project is located 45 km east of Seabridge Gold's supergiant KSM-Iron Cap porphyry Cu-Au project and 40 km east of Tudor Gold's Treaty Creek Au-Ag-Cu project. The Rip Property is a copper molybdenum porphyry (Cu-Mo-Au) prospect located in the Skeena Arch approximately 60 km south of Houston, British Columbia. Its 10,006-hectare Sparrowhawk project is located 11 kms southeast of the Morrison Cu deposit.


TSXV:AWX - Post by User

Comment by Sharkspurseon Apr 19, 2021 12:16pm
248 Views
Post# 33022211

RE:Stage payments

RE:Stage paymentsWhy sell now? This is as primed as it gets!
AWX's partner funded projects are almost all due to receive drill testing in 2021, a hit at any of the projects will be good news for all. Todd Ck looks to be the most signifcant year two expenditure as there must be a minimum of $3M cumulative spend by the end of 2021. Assuming P2 exceeded their mimimum 2020 spend of $500k, my guess is about $2M will be spent this year at Todd. That's pretty significant for such a vast underexplored property with a premium geological address and being worked by the same guys who developed the Brucejack highgrade gold mine next door. 
Drill results from the Teck funded program at Teeta Ck should be coming soonish one would think as the drilling was completed almost a month ago.
The LOI announced this morning with Sanatana Resources for Oweegee is a good first step to getting the another partner onboard for a massive property in the Golden Triangle.
So I understand your frustration Bt as this has been a slow grow, however, many of the best things take patience.
See you in year three I guess and in the mean time, I'll take your cheap shares ;)

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