Exploration To Accelerate in 2023 at the Storm Project, Canada

American West Metals Limited (American West Metals or the Company) (ASX: AW1) is pleased to announce an expansion of drilling and exploration activities by the Company at the Storm Copper Project (Storm or the Project) on Somerset Island, Nunavut, Canada.

• Multi-faceted program planned for 2023 - including drilling, geophysics, and studies for a potential direct shipping ore (DSO) mining operation
• Extensive drilling program planned with a focus on:
  • Resource definition and expansion of the near surface, high-grade copper mineralisation across several prospects
  • Exploration to follow-up American West Metals major discovery in 2022 of a sediment hosted copper system
• Reverse Circulation (RC) drill rig to join the two diamond drill rigs currently onsite
• Surface geophysics are planned to commence during March at Storm and at the underexplored Blizzard, Tornado and Tempest Prospect areas
• Permitting roadmap underway for the potential direct shipping ore ("DSO") mine development with baseline environmental survey to begin during Q2 2023

"We are very excited to provide an update on our exploration plans for 2023 at the Storm Copper Project. The logistics are now underway for what will be a significantly expanded program that will capitalise on American West Metals highly successful 2022 maiden drilling campaign.

Surface geophysics will commence in March, followed closely by a major drilling program."

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