
July 19, 2022
American West Metals Limited (American West Metals or the Company) (ASX: AW1) is pleased to announce the commencement of high-impact drilling and exploration activities at the Storm Copper Project (Storm or the Project) on Somerset Island, Nunavut. This drilling program is the first since American West Metals became project operator, under the option agreement with Aston Bay Holdings (TSX-V: BAY).
- American West’s maiden diamond drilling program is underway at the Storm Copper Project with multiple high-grade copper targets to be tested
- Previous drilling has confirmed high-grade copper from surface with intersections that include 110m @ 2.45% Cu from surface and 56.3m @ 3.07% Cu from 12.2m
- Extensional and infill drilling is planned to advance Storm towards a resource estimate
- Drilling will also test a number of new, high-priority EM conductors that have potential to deliver massive sulphide copper discoveries
- Shallow high-grade copper mineralisation has potential to support a low-footprint direct shipping ore (DSO) operation with further beneficiation test work to be completed with samples to be collected in this program
Figure 1: Outcropping massive chalcocite (copper sulphide) at the 2750N Zone, where drilling is in progress.
Dave O’Neill, Managing Director of American West Metals commented:
“We are very pleased to report that drilling is underway at the Storm Copper Project in Nunavut, Canada.
“This initial phase of drilling is designed to define copper resources within the 2750N Zone where high- grade copper starts from surface. We believe that a shallow resource here has excellent potential to support a low-footprint DSO mining proposal, with initial test work already producing a >53% grade copper DSO product.
“We are also excited to drill test a number of newly identified EM conductors. We are seeing extensive chalcocite outcrop at surface, with coincident geophysical anomalies that are consistent with copper sulphides. These are compelling targets for a new discovery.
“The start-up of the program has gone smoothly with favourable weather conditions. We look forward to reporting on the results as drilling progresses.”
Figure 2: Storm Copper Project – Drill rods being delivered to drill hole ST22-01, 2750N Zone
Figure 3: Plan view of the 2750N and 2200N Zones and surrounding areas. Copper gossans, shallow FLEM anomalies, and previous and planned drilling is shown overlaying aerial photography
RESOURCE DEFINITION DRILLING
The resource definition program is initially focusing on defining potential shallow resources within the 2750N Zone (Figure 3). The first drill hole - ST22-01 – is now underway.
Historical drilling within the 2750N Zone has encountered thick intervals of high-grade copper mineralisation, including 110m at 2.45% Cu from surface (drill hole ST97-08), and 56.3m @ 3.07% Cu from 12.2m (drill hole ST99-19). Given the outstanding width of these intervals and the distance between drill holes (>100m), extension and infill drilling in the 2750N Zone gives the potential opportunity to quickly define large volumes of further copper mineralisation.
Drilling is also planned at the 4100N and 2200N Zones. A total of 15-20 drill holes are initially planned in this program, with hole depths between 100-160m due to the shallow nature of mineralisation. Table 1 shows drill hole details for ST22-01. The order for drilling will be selected based on drill results and logistics.
Click here for the full ASX Release
This article includes content from American West Metals (ASX: AW1), 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...
12 March
Canada One Mining: Exploring the Copper Dome Project Near BC’s Largest Copper Mine
Canada One Mining (TSXV:CONE,OTCPL:COMCF) is advancing its 100 percent owned Copper Dome project, located 18 kilometers south of Princeton, BC, and contiguous to Hudbay Minerals’ (TSXV:HBM,NYSE:HBM) Copper Mountain mine. President, CEO and Director Peter Berdusco enumerated updates on the... Keep Reading...
12 March
Canadian Investment Regulatory Organization Trade Resumption - NINE
Trading resumes in: Company: Nine Mile Metals Ltd.CSE Symbol: NINE All Issues: YesResumption (ET): 1:00 PMCIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market.... Keep Reading...
12 March
Nine Mile Metals Announces Certified Assays from DDH-WD-25-01 of 3.83% CuEq Over 22.65 Meters and 4.33% CuEq Over 17.65 Meters Including 1.21 g/t Au and 50.33 g/t Ag Over 13.00 Meters
Nine Mile Metals LTD. (CSE: NINE,OTC:VMSXF) (OTC Pink: VMSXF) (FSE: KQ9) (the "Company" or "Nine Mile") is pleased to announce it has received certified assays for drill hole WD-25-01 at the Wedge Mine situated in the renowned Bathurst Mining Camp, New Brunswick (BMC). WD-25-01 HIGHLIGHTS: DDH... Keep Reading...
11 March
When Will Copper Prices Go Up?
Copper is the third most-used metal in the world, and experts believe demand for this important commodity is set to rise in the coming years. At the same time, the supply situation is expected to tighten up. For that reason, market watchers may be asking, “When will copper go up?” Copper prices... Keep Reading...
11 March
Domestic Metals Advances Rio Tinto JV Smart Creek Project, Eyes Major Discovery
Domestic Metals (TSXV:DMCU,OTCQB:DMCUF) Director, President and CEO Gord Neal said that the company will commence drilling at its flagship Smart Creek project in Montana by late March or early April 2026.Smart Creek is a 60/40 joint venture with mining giant Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO).... Keep Reading...
Latest News
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00









