The Annual Report for American West Metals Limited for 2023 highlights the Company's tremendous growth and success over the past year. The key achievements include:
- Establishing the Storm Copper Project as a high-grade copper project of global significance.
- Strengthening the Company's balance sheet through institutional investment.
- Drilling significant continuity of mineralisation and making two new near-surface discoveries at the Storm Copper Project.
- Producing preliminary studies that assess the potential for an open-pit mining operation at the Storm Copper Project with the potential for a direct shipping ore grading more than 50% Cu.
- Delivering a breakthrough discovery of a laterally extensive sediment-hosted copper system below the near-surface copper at the Storm Copper Project.
- Announcing a maiden JORC resource for the West Desert Project in Utah, a zinc-copper resource with strong potential to expand.
The Company's corporate strategy is to discover and develop major mineral deposits that can deliver sought after metals for the clean energy transition. American West Metals is committed to adhering to leading environmental and cultural heritage practices and sustainability is a core value of the Company.
Importantly, AW1 states, "As the Company transitions from an explorer to a developer, I am pleased to hand over the Chair of
American West Metals to Dan Lougher. Dan’s credentials as a mine builder and operator are outstanding and we are fortunate to have someone of his calibre in a leadership role as the Company embarks on its next growth phase".Overall, the Annual Report for American West Metals Limited for 2023 is a positive and optimistic one. The Company has made significant progress in the past year and is well-positioned for continued growth and success in the future.
Outlook
The next year and beyond presents an exciting opportunity for American West Metals to not only develop a mining operation at Storm but also to test the full potential of the multi-kilometre copper prospects at its large regional-scale landholding. The company believes it has the right elements in place to continue its momentum into 2024.
