Major New Copper Discovery at the Storm Project, Canada

American West Metals Limited (“American West” or the “Company”) (ASX: AW1) is pleased to announce a major copper discovery at the Storm Copper Project (Storm or the Project) on Somerset Island, Nunavut, Canada.

Highlights

• Exploration drill hole ST22-10 has intersected over 68m of stratiform copper sulphide mineralisation from 277m downhole
• The discovery is associated with a 800m x 300m electromagnetic (EM) plate, with six other similar large EM plates yet to be tested
• This new style of mineralisation at Storm is evidence of a major copper system at depth with significant copper endowment upside

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

“This is a game changing discovery at the Storm Copper Project. Exploration drilling has intersected stratiform copper sulphide mineralisation at depth which supports our geological assumptions that there is a major copper system lying below the high-grade near surface mineralisation.

“The new copper mineralisation is associated with a large EM plate that is one of six untested plates, most of which are located in highly prospective positions – below or adjacent to the known high-grade copper prospects and fault system.

“The importance of this discovery for the project cannot be overstated, as it has hugely positive implications for the copper endowment within the project area.

“We look forward to reporting on further drilling results in the coming days.”

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