Gi Concluding remarks,
Conclusion: Even though it seems currently difficult for copper explorers to please the market, the drill results presented by American West Metals are once again very promising in our opinion. Not only have high grades of copper mineralization once more been detected near surface, but it has also been shown that the end of mineralization in the 4100N zone is still not in sight. According to the company, the potential exists to extend the mineralization by 600 metres to the northeast alone, so there is the possibility of a further, truly significant extension. Apart from that, we believe that many investors have not even noticed that the thickness of the known mineralization has increased by a third (!) from 300 to 400 meters over the strike length of over 1.3 kilometres. In view of all this, we believe that the forthcoming first resource estimate for Storm could positively surprise some observers. Despite all the risks that certainly exist, we therefore still consider American West Metals to be very promising - especially as the exploration of the copper system at depth is still in its infancy.
- Forums
- ASX - By Stock
- AW1
- Ann: Near-Surface Copper Expanded at Storm
Ann: Near-Surface Copper Expanded at Storm, page-38
-
- There are more pages in this discussion • 41 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
9.0¢ |
Change
-0.002(2.17%) |
Mkt cap ! $53.55M |
Open | High | Low | Value | Volume |
9.1¢ | 9.3¢ | 9.0¢ | $243.5K | 2.678M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 1361445 | 9.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.1¢ | 55000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 1221445 | 0.090 |
2 | 30223 | 0.089 |
2 | 39793 | 0.088 |
2 | 54480 | 0.087 |
1 | 200000 | 0.086 |
Price($) | Vol. | No. |
---|---|---|
0.091 | 55000 | 1 |
0.092 | 350000 | 2 |
0.093 | 100000 | 1 |
0.094 | 200000 | 1 |
0.095 | 200000 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
AW1 (ASX) Chart |