American West Metals

Breakthrough results identify ‘Mother Lode’ copper target at theStorm Copper Project, Canada

American West Metals Limited (“American West” or the “Company”) (ASX: AW1), is pleased to announce the results of a high-resolution ground gravity survey that was completed over the Storm Copper Project (Storm or the Project) on Somerset Island, Nunavut.



Dave O’Neill, Managing Director of American West Metals commented:

“The recent gravity survey over the Storm project area has produced spectacular results. The data supports our geological assumptions and the potential for a large copper system below the near-surface copper mineralisation.

“The high-resolution survey has successfully defined a series of large, dense bodies that sit directly under the high-grade 4100N Zone, and in key areas around the other known high-grade copper deposits.

“Importantly, our interpretation of the gravity data is supported by coincident historical geophysical anomalies and the 2022 discovery of copper sulphides in drill hole ST22-10, which is located on the edge of one of the newly identified gravity targets.

“The gravity anomalies are modelled to commence around 200m below surface and have a strike of several kilometres. We are chasing big copper targets here.

“The resource drill-out of the near-surface copper is progressing very well and we are confident of delivering a significant and robust maiden copper resource at Storm from those results alone.

“The new copper targets at depth are a game-changer for the potential copper endowment at Storm and we are excited to prioritise drilling of these exciting targets for the 2023 field program.”

  • High-resolution ground gravity survey completed by American West Metals at Storm identifies significant new anomalies that support the potential for a large-scale sediment-hosted copper system as predicted by geological modeling
  • Strong gravity anomalies identified below and adjacent to the known near-surface copper mineralisation extend for several kilometres and are interpreted to represent dense bodiesthat are consistent with copper sulphide deposits
  • The outer periphery of a large gravity anomaly was intersected by a 2022 drill hole that terminated in 68m of copper-bearing sulphide mineralisation (remaining open at depth) from 277m downhole
  • Gravity anomalies are coincident with historical electromagnetic (EM) and induced-polarisation (IP) anomalies indicating both dense and electrically chargeable bodies which are interpreted to be consistent with copper sulphides


Click here for the full ASX Release

This article includes content from American West Metals Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

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