AW1 General Chat, page-1890

10 Reasons Why Capital Raises Are Important for American West Metals' Storm Copper Project in 2024:

1. Advance Exploration: Capital raises provide funding for drilling programs, geophysical surveys, and other exploration activities necessary to define and expand the copper resource at Storm. This can lead to a higher-grade, larger resource, ultimately increasing project value.
2. Resource Estimation: Funds are crucial for conducting resource estimations compliant with international standards like JORC. This attracts potential investors and partners by providing a clear picture of the project's potential.
3. Metallurgical Testing: Capital allows for further metallurgical testing to determine the most efficient and cost-effective methods for extracting copper from the ore. eg. Ore Sorting, DMS, Jig, Hydromet, Flotation. This optimizes processing and improves project economics.
4. Engineering Studies: Funds enable feasibility studies and preliminary economic assessments (PEAs) to evaluate the technical and economic viability of mining the copper deposit. This attracts investors and financiers with a clear roadmap for development.
5. Environmental and Social Studies: Capital supports environmental and social impact assessments (ESIAs) to ensure responsible development and compliance with regulations. This mitigates risks and attracts environmentally conscious investors.
6. Permitting and Approvals: Funds cover the costs of obtaining permits and licenses required for exploration and potential future mining activities. This ensures compliance and avoids delays.
7. Community Engagement: Capital allows for ongoing engagement with local communities, addressing concerns and building relationships. This fosters social license to operate and minimizes risks.
8. Attract Talent and Expertise: Funds enable hiring qualified geologists, mining-geotechnical-geological engineers, and other professionals to manage and execute exploration programs effectively. This strengthens the technical team and project execution.
9. Maintain Momentum and Investor Confidence: Capital raises demonstrate the company's commitment to the project and its future potential. This maintains investor confidence and attracts further investment.
10. Flexibility and Strategic Growth: Access to capital allows American West Metals to adapt to changing market conditions, pursue strategic opportunities, and potentially acquire additional exploration licenses or projects.

It's important to note that capital raises involve dilution for existing shareholders, so companies must carefully balance the need for funding with minimizing this impact. However, for exploration companies like American West Metals, successful capital raises can be instrumental in unlocking the full potential of projects like the Storm Copper Project and creating long-term value for all stakeholders worth BILLIONS of dollars. Already identified over $2 billion in copper metal value at Storm with more to come.