AW1 4.35% 12.0¢ american west metals limited

Ann: Assays Confirm Thick Intervals of Copper at Storm, page-21

  1. 184 Posts.
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    AUD $1.56B of DSO accessible Copper in the 4100 zone

    Doesn't include 4100 being open at both long ends
    Doesn't include any bonanza hits from remaining 17 odd holes at 4100 awaiting assays ( there will be few ...look at hole 3 and 10 portable XRF results )
    Doesn't include 2750 zone with existing high grade Cu assays
    Doesn't include 2200 zone with existing high grade Cu assays
    Doesn't include 3750 zone with existing high grade Cu assays
    Doesn't include Typhoon zones
    Doesn't include Tempest zones with bonanza grade surface Cu
    Doesn't include the Mothership stratiform copper targets (one deep drill
    last season clipped edge)
    Doesn't include what might be interpreted from moving loopEM which has been completed at 4100,2750, Tempest
    And yes doesn't include West Desert, west Desert Indium reserves ... the only in USA, Seal or copper warrior but let's forget those huge potentials and focus just on Storms value

    As has been mentioned previously drilling at 4100 was undertaken as infill drilling to help define the shallow 4100 reserve for the planned DSO operation.... that is already proven unless you think the visuals and portable XRF results are wrong in the remaining 4100 zone holes .... hole 1 met and exceeded visual and portable XRF analysis!

    Drill hole Assays have to read against their purpose.... infill I want to see continuation of mineralisation so I can add to overall reserve for planned JORC. Hole one didn't visually have Bonanza grades ... they weren't expected either ... that would be like buying a kia and expecting a rolls Royce to be delivered. The visuals and portable XRF interpretation were already available

    Bottom line is this is a significant DSO operation with over 1.5B of copper easily accessible to the DSO operation already pretty much locked in from 4100 zone .... unless all 17 other holes were visually and portable XRF mis read which is obviously not the case.

    This is going to be big. Real big. Ignore the trader games. Buy, hold and hold as announcements keep coming in over coming months

    Finally, I have heard the BS argument it's too cold to mine Storm... good lord there are operation mines nearby and indeed north of Storm tenements... there are dozens of people onsite now doing what needs to be done .. they seem to be doing fine.

    A huge year for AW1.... keep up the good work Dave and team

    Gottinhimmel
    PS current SP is beyond cheap ... it was over 4 times current after last years bonanza grade assay ... which by the way will form part of overall reserve and isn't included in the 1.5B estimate above
    IMHO
    Last edited by Gottinhimmel: 25/05/23
 
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