
August 24, 2022
American West Metals Limited (American West Metals or the Company) (ASX: AW1) is pleased to announce further outstanding visual results for diamond drill holes completed at the Storm Copper Project (Storm or the Project) on Somerset Island, Nunavut, Canada.
- Drilling at the high-grade 2750N Zone continues to expand the footprint of near surface copper mineralisation
- The latest resource drill holes testing the extents of the 2750N Zone have intersected wide intervals of visual copper mineralisation, including;
- oST22-07 has intersected 43.5m of mineralisation including 15.5m of breccia and massive copper sulphides over multiple intervals
- oST22-08 has intersected 30m of mineralisation including 13m of breccia and massive copper sulphides over multiple intervals
- The copper mineralisation within the 2750N Zone remains open along strike and at depth, and is associated with a 1km long geochemical anomaly
- Additional near surface high-grade zones remain to be tested, including the 2200N and 4100N Zones where historical drilling has intersected shallow, high-grade copper
Dave O’Neill, Managing Director of American West Metals commented:
“In addition to our exciting discovery of a new copper system announced this week, the shallow drilling at the 2750N Zone has also continued to deliver spectacular results. We have now extended the strike and mineralised footprint of the thick, near surface copper at the 2750N Zone to over 200m.
“Every drill hole we have completed at the 2750N Zone has intersected wide intervals of copper with mineralisation open along strike and at depth. This is the best outcome we could hope for and shows that we are well on our way to defining a significant volume of copper here.
“The drilling has emphasized the strong continuity and expansion potential of the 2750N Zone where we are aiming to define a shallow copper resource that can support a low cost, low-footprint direct shipping ore (DSO) mining operation.
“The success at the 2750N Zone bodes well for the potential of several other near-surface high-grade zones already identified by previous drilling.
“We look forward to reporting further information and assay results in the coming weeks.”
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.
AW1:AU
The Conversation (0)
31 January 2022
American West Metals
Supplying Critical Minerals to Support the Global Energy Transition
Supplying Critical Minerals to Support the Global Energy Transition Keep Reading...
13 December 2023
23.8Moz of Indium and 119koz of Gold in Updated JORC Mineral Resource for West Desert, USA
American West Metals Ltd (American West or the Company) (ASX: AW1 | OTCQB: AWMLF) ) is pleased to provide a significant update to the JORC 2012 compliant Mineral Resource Estimate (MRE) for it’s 100% owned West Desert Project in Utah (West Desert or the Project) with the release of our maiden... Keep Reading...
27 November 2023
Aston Bay and American West Metals Confirm High Grade Copper and Zinc Mineralization at the Tempest Prospect, Storm Copper Project, Canada
Up to 38.2% Cu and 30.8% Zn in assays for select grab sampling of surface gossan rocks at the underexplored Tempest Prospect Prospective gossans have been mapped for more than 4km at Tempest, which is located 40km south of the Storm Copper targets drilled in 2023 A ground electromagnetic (EM)... Keep Reading...
01 November 2022
Quarterly Activities Report for the Period Ended September 2022
American West Metals Limited (American West Metals or the Company) (ASX: AW1) is pleased to report on its Quarterly activities for the period ending 30 September 2022. During the September 2022 quarter, the Company’s focus was on the maiden diamond drilling program at the Storm Copper Project,... Keep Reading...
19 September 2022
Assay Results Confirm Outstanding Growth Potential Of West Desert
American West Metals Limited (American West Metals or the Company) (ASX: AW1) is pleased to announce significant assay results from exploration drilling at the West Desert Project in Utah (West Desert or the Project). WD22-19 has intersected high-grade mineralisation 250m south-west of the West... Keep Reading...
12 July 2022
Further Strong Assay Results Highlight The Resource Growth Potential of The West Desert Deposit
American West Metals Limited (American West or the Company) (ASX: AW1), a low-footprint, North American- focused base metals explorer, is pleased to announce further strong assay results from the diamond drill program at the West Desert Project in Utah (West Desert or the Project).... Keep Reading...
13 November
Cobre Advances Botswana Copper Project as Market Rerates Company
Cobre (ASX:CBE) CEO Adam Wooldridge says investor enthusiasm for the company has been driven by significant progress at its Ngami copper project in Botswana. “Investors are starting to see it as a real development opportunity,” he said, noting that Cobre has achieved in-situ copper recoveries of... Keep Reading...
13 November
Empire Metals Limited Announces Appointment of Joint Corporate Broker
Empire Metals Limited, the AIM-quoted and OTCQX-traded exploration and development company, is pleased to announce the appointment of Canaccord Genuity Limited ("Canaccord") as joint corporate broker with immediate effect. Canaccord will work alongside S. P. Angel Corporate Finance LLP and Shard... Keep Reading...
11 November
Caravel Minerals and Kutch Copper to Fast Track Caravel Copper Project
Caravel Minerals (ASX:CVV,OTC Pink:CVVLF) has signed a non-binding memorandum of understanding (MOU) with Kutch Copper, a subsidiary of Indian company Adani Enterprises (NSE:ADANIENT).The deal marks an important step in a potential investment collaboration and a life-of-mine offtake of up to 100... Keep Reading...
07 November
Lobo Tiggre: Copper is My Highest-Confidence 2026 Trade, Uranium is Runner-Up
Lobo Tiggre, CEO of IndependentSpeculator.com, shares why copper is his highest-confidence trade for 2026, as well as when he will consider buying. "I now have probably more cash to put into play than I've ever had sitting on the sidelines waiting for this copper buying opportunity," he... Keep Reading...
06 November
Proposed Sale of Asiamet's Interest in the KSK Project and Notice of General Meeting
Asiamet Resources Limited (AIM: ARS) is pleased to announce that it has reached an agreement to sell its interest in the KSK Project to Norin Mining (Hong Kong) Limited for gross cash consideration of US$105 million (approximately £81 million).Transaction HighlightsAsiamet has entered into a... Keep Reading...
05 November
Breakthrough Minerals Acquires Dingo for AU$15 Million
Breakthrough Minerals (ASX:BTM) has entered a conditional binding agreement with Dingo Minerals to acquire Dingo for a total cash and share consideration of AU$15 million.The target of the acquisition is the North Queensland copper project in the Mt Isa region, which Dingo Minerals will acquire... Keep Reading...
Latest News
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00







