Dave O’Neill, Managing Director of American West Metals commented:
“We are very pleased to announce the first assays for the 2024 spring drilling program and the start of
summer drilling and exploration activities at the Storm Copper Project.
“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 7% copper.
“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.
“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. 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.
“We are also looking forward to the recommencement of the EM surveys at Storm. The immediate
focus of the survey is to search deeper, below the known copper deposits for a repeat of the Cyclone
style mineralisation at depth, and then to extend the EM coverage into Tornado, Blizzard, and Tempest.
“Now that the drilling program is back in full swing, investors can look forward to regular news flow as
we progress this exciting program.
AW1 Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
