American West Metals Continues Copper Hits at Storm

THE DRILL SERGEANT: American West Metals (ASX: AW1) continued its impressive hit rate from diamond drilling activities at the company’s Storm Copper project on Somerset Island, Nunavut, Canada.

American West Metals boasts a 100 per cent drilling success rate so far into the current program with latest results confirming a sediment-hosted copper system in an, until now, untested area of the Storm project.

Drill hole ST23-04, the fouth hole of the program, intersected a thick 18.5 metres zone of visual copper sulphide (chalcocite and chalcopyrite) between 339m and 357.5m downhole, which correlates with the prospective sediment hosted copper horizon American West has intersected in all diamond drill holes this season.

The company said ST23-04 now extends the apparent strike of the prospective copper horizon a further two kilometres to the west of previous drill hole ST23-03.

American West explained the most recent drill hole was targeting a large gravity anomaly located south of the Southern Graben Fault, as well as the fault itself, validating the effectiveness of gravity in identifying copper sulphide mineralisation.

“This exceptional strike rate across a very broad area is further evidence of a truly regional scale copper system,” American West Metals managing director Dave O’Neill said in the company’s ASX announcement.

“The drill hole was designed to test a dense gravity feature in an untested area between the high-grade, near-surface 3500N Zone, and the other high-grade copper zones over three kilometres to the east.

“The drill hole was also designed to intersect one of the regional-scale graben faults for the first time.

“The drill hole hit both targets and has confirmed the presence of significant volumes of sediment-hosted copper sulphides south of the graben fault, whilst also confirming the main fault system as a productive plumbing system for copper mineralisation and a target for additional copper mineralisation.

“The Reverse Circulation (RC) drilling also continues to progress rapidly with the planned drilling of the 4100N, 2750N and 2200N Zones completed.

“The drill rig has now moved onto a number of high-priority ‘Thunder’ style exploration and geophysical targets to continue to define additional areas of copper mineralisation and demonstrate potential resource upside.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE