American West Metals Hits Copper Leading Into Summer Drilling Season

THE DRILL SERGEANT: American West Metals (ASX: AW1) reported an encounter with a new zone of thick, near-surface high-grade copper at the company’s Storm copper project on Somerset Island, Nunavut, Canada.

American West Metals received assays from its spring drilling program undertaken in The Gap area of the project, which is located midway between the Cirrus deposit and the Thunder high-grade copper prospect.

The drilling at The Gap intersected a thick interval of high-grade copper sulphides associated with an EM anomaly of 20 metres at 2.3 per cent copper from 38m downhole containing copper grades up to 7.3 per cent copper (from 41m downhole), which the company declared to continue to confirm the association of EM anomalies with very high-grade, semi-massive copper sulphides.

“Results for the spring phase of the program have immediately built on last year’s great discovery record and confirmed a new zone of thick, near-surface copper mineralisation at the Gap prospect, with grades over seven per cent copper,” American West Metals managing director Dave O’Neill said in the company’s ASX announcement.

“Drilling at The Gap clearly demonstrates that the southern graben area hosts multiple high-grade copper deposits along the largely untested fault network.

“Multiple high-priority EM targets are yet to be tested in this area, highlighting the exceptional exploration upside and potential for further discoveries.”

American West Metals has kicked off its summer drilling program testing a range of exploration and resource targets, including the Thunder, Cyclone and Chinook deposit areas.

The program will initially use two RC rigs and one diamond drilling rig with a total of over 20,000m of drilling planned for the 2024 program.

“The summer drilling will now aim to build on this with a significantly expanded work program that will initially see two Reverse Circulation (RC) rigs and one diamond drilling rig operating 24/7,” O’Neill said.

“The introduction of the track mounted RC drill rig this year has exceeded our expectations in terms of production capacity and operational flexibility, and this will help us achieve over 20,000 metres of planned drilling during the season.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE