AW1 0.00% 11.0¢ american west metals limited

Drilling has an impressive 100% hit rate when it comes to...

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  1. 4,405 Posts.
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    Drilling has an impressive 100% hit rate when it comes to copper, said American West managing director Dave O’Neill. “The scale of the target horizon is now very impressive with these drill holes covering an area of over 10 km2.  Zeroing in on the strongest parts of the mineralization will be the focus of the deep exploration going forward.
    “The scale and strength of some of the new anomalies, and the low false positive rate when using EM systems at Storm, make them compelling targets that are now being tested with drilling,” he added.
    American West prepared the first resource estimate to Australian JORC standards for the Storm project in January 2024. Unfortunately, the company reported only the aggregate number for both indicated and inferred resources: 17.4 million tonnes grading 1.2%  copper and 3.4 g/t silver, containing 452.9 million lb. of copper and 1.9 million oz. of silver. High-grade copper assays from the Thunder, Lightning Ridge, and Cyclone North were not included in the estimate.
 
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