AW1 14.3% 12.0¢ american west metals limited

Ann: Maiden JORC MRE for Storm, page-86

  1. 7 Posts.
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    Thanks for your inputMet2020 (#72131923) for helping with the met side of the story, not particularly strong oncopper processing options and rule of thumb costs. Once the mineralisation is identified, these deposits should be viewed/logged/modelled as soon as possible in a geometallurgical context as processing costs/recovery etc drive project value far more than geology. Certainly, the language appears to reflect some of this thinking with the identification/modelling of 22 domains in the first MRE. Presumably these will be metallurgically tested individually and characterised for processing logic.

    Once discovered,understanding geology and geophysics of the mineralisation is very importantbut is generally more valuable in locating the next deposit (blue sky) orunderstand the mining factors such as pit wall stability than modelling of puregeology. Based on this announcement, it appears that AW1 are doing all theright things so far. Will be keen to get on this play in the near future.

    Need to take a mediumto longer term view given it is a base metal in some tough regulatory andenvironmental conditions, just establishing a decent large camp can provetricky.

    Good work by the AW1 team and best wishes to all investors but DYOR.

 
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