American West Metals Defines Thick New Copper Zones at Storm
THE DRILL SERGEANT: American West Metals (ASX: AW1) has intersected thick new zones of copper mineralisation at the company’s Storm copper project on Somerset Island, Nunavut, Canada.
American West Metals’ 2024 Reverse Circulation (RC) drilling has delivered immediate success with drilling of geophysical targets intersecting thick new zones of copper mineralisation including:
SR24-02 (Cyclone North)
36.6 metres of visual copper sulphides from 79.3m downhole;
SR24-03 (The Gap)
47.2m of visual copper sulphide mineralisation, including a 10m interval of very strong visual copper sulphides from 36.6m downhole; and
SR24-04 (The Gap)
30.5m of visual copper sulphide mineralisation from 29m downhole.
The company intimated visual copper sulphide mineralisation intersected in SR24-03 and SR24-04 appears akin to high-grade copper sulphides encountered in the 2023 discovery hole at the nearby Thunder prospect, which returned 48.6m at 3 per cent copper (ST23-03).
“This year’s drilling program has immediately built on last year’s successful program with the expansion of the large-scale copper footprint at the Cyclone deposit, and with new zones of thick near-surface copper mineralisation intersected at the Gap prospect,” American West Metals managing director Dave O’Neill said in the company’s ASX announcement.
“This initial phase of drilling was designed to test a number of existing resource and geophysical targets, working in parallel with the Moving Loop EM (MLEM) survey as it identified new resource expansion and exploration targets.
“The exploration drilling has had immediate success and has clearly demonstrated that the southern graben area can host multiple high-grade copper deposits.
“This vast fault network remains largely untested, highlighting the exceptional exploration upside and resource growth potential of this area.
“The MLEM survey continues to make rapid progress with the completion of Phase 1 of the program.
“The next phase of the survey will search deeper, below the known copper deposits for a repeat of the Cyclone style mineralisation at depth, and potential for the discovery of sedimentary copper deposits of similar style to the major Central African copper belts.
“We look forward to reporting more news from Storm in the coming weeks, including additional drilling and geophysics updates.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE