Great interview.....AW1 Shareholders Gear Upfor Exciting Exploration Season at Storm Copper Project
AW1 announces a significant exploration program at thehighly prospective Storm Copper Project in Nunavut, Canada. Building on thesuccess of 2023's high-grade discoveries, including the impressive Thunderprospect, this year's program aims to:
- Expand known high-grade copper zones: Drilling will focus on expanding near-surface copper mineralization at several Storm prospects, including Thunder.
- Discover new targets: Geophysics surveys will pave the way for the discovery of new copper deposits across the project's extensive 100-kilometer strike length.
Drilling to Commence Shortly:
- Mobilization is underway, with geophysics surveys set to begin in the coming weeks.
- Exploration Camp getting setup, with drilling expected to commence within the next 3-4 weeks.
Thunder Prospect Holds Immense Potential:
- Initial drill hole at Thunder intersected 48 metres at approximately 3% copper, including a high-grade zone of 20 metres at 6.2% copper.
- This year's program will expand on this discovery, targeting further high-grade zones.
Favorable Host Rock and Metallurgy Enhance ProjectViability:
- The copper mineralization occurs in veins and breccia within Dolomite, a self-buffering rock that simplifies ore beneficiation and reduces environmental concerns.
- This combination of high-grade copper, favorable host rock, and simple metallurgy paves the way for a potentially fast-tracked path to production.
Strong Financial Backing:
- A recent $10 million capital raise, combined with existing funds (~$4 million), ensures adequate resources to execute the exploration program.
AW1 Management Remains Bullish:
- The company remains confident in the Storm Copper Project's potential and is committed to maximizing shareholder value. Dave remains “long and bullish”
Stay Tuned for Exciting Updates:
- Shareholders can expect regular updates as the exploration program gets underway, with the potential for significant news in the coming weeks.
- A comprehensive exploration program positions AW1 for a breakout year at the Storm Copper Project. With high-grade targets like Thunder in focus and a supportive financing strategy, AW1 shareholders have much to look forward to in the coming months.
Displayed at PDAC - Thunder core – only one drill hole – more to come this drill season.
- Forums
- ASX - By Stock
- AW1
- AW1 Media
AW1 Media, page-44
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AW1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $64.70M |
Open | High | Low | Value | Volume |
11.5¢ | 12.5¢ | 11.5¢ | $333.1K | 2.812M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 376038 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.120 |
4 | 282197 | 0.115 |
10 | 304338 | 0.110 |
6 | 373025 | 0.105 |
7 | 837200 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 332000 | 3 |
0.130 | 327846 | 6 |
0.135 | 578182 | 6 |
0.140 | 566070 | 4 |
0.145 | 368334 | 6 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
Featured News
AW1 (ASX) Chart |