New Copper Targets At Copper Warrior, Utah, USA

• Several large targets identified – interpreted to be consistent with copper mineralisation – from the Induced Polarisation (IP) Survey at Copper Warrior
• Copper grades up to 3.3% Cu returned from geochemical sampling of outcrop over one of the IP anomalies (Anomaly 1 – 850m x 570m)
• Located 15km from Utah’s second largest copper mine, the Lisbon Valley Copper Mine
• The largest of the IP anomalies – which has a strike of more than 3.5km – surrounds the historical Big Indian and Blue Jay copper mines, indicating potential for extensions to known sedimentary copper mineralisation

“Our Copper Warrior Project is located in Tier 1 copper country in the USA – only 15km from Utah’s second largest copper mine, the Lisbon Valley Copper Mine.”

“Field work to generate drill targets at Copper Warrior has progressed in the background while we completed our high-profile drilling campaigns at our West Desert and Storm Projects.

“With the existing Lisbon Valley Copper Mine nearby, and outcropping copper already identified throughout the Copper Warrior tenure, the potential of the project to host large volumes of copper mineralisation is compelling.

“A high-resolution IP survey was deployed by American West Metals to screen the entire Copper Warrior project area with the aim of identifying priority areas for drilling.

“Modelling of the IP survey data has successfully generated strong anomalies that show clear similarities with the geophysical signature of known copper deposits in the district. Significantly, a number of the IP anomalies at Copper Warrior are associated with high-grade outcropping copper.

“We are also excited by the location of some of these IP anomalies adjacent to historical producing copper mines, suggesting potential that we have identified a continuation of the known copper mineralisation in the area.

“A drilling program has been planned to test these high-priority targets with permitting underway.

“Work is also continuing on our West Dessert JORC compliant resource and development scenarios, and we look forward to providing further updates on this work – as well as the timing of the drilling program at Copper Warrior – in the coming weeks.”

TIER 1 COPPER DISTRICT

The Copper Warrior Project covers an area of outcropping Dakota and Lower Burro Canyon sandstone with widespread occurrences of disseminated and fracture controlled copper mineralisation (Figure 1 & 4). Surface exposures in the project area look very similar to those at the Big Indian Copper Mine that abuts Copper Warrior and the Lisbon Valley Copper Mine located 15km to the south (Figure 3).

Copper mineralisation at the Lisbon Valley Mine is found in both the Dakota and Lower Burro Canyon sandstone beds, with mineralisation in the Lower Burrro Canyon unit making up about 80% of the reserves and geological resource (>40Mt @ 0.46% Cu for over 180,000t of copper). All of the Big Indian resources were hosted within the Lower Burro Canyon unit.

The copper mineralisation at Copper Warrior is comprised of disseminated chalcocite within the sandstone units, and chalcocite, azurite and malachite where the mineralisation is outcropping (Figure 1). Vein-style and higher-grade mineralisation is common in the project area close to the Lisbon Valley Fault, which is the main source of copper bearing fluids.

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.