Great interview.....AW1 Shareholders Gear Upfor Exciting Exploration Season at Storm Copper Project
AW1 announces a significant exploration program at thehighly prospective Storm Copper Project in Nunavut, Canada. Building on thesuccess of 2023's high-grade discoveries, including the impressive Thunderprospect, this year's program aims to:
- Expand known high-grade copper zones: Drilling will focus on expanding near-surface copper mineralization at several Storm prospects, including Thunder.
- Discover new targets: Geophysics surveys will pave the way for the discovery of new copper deposits across the project's extensive 100-kilometer strike length.
Drilling to Commence Shortly:
- Mobilization is underway, with geophysics surveys set to begin in the coming weeks.
- Exploration Camp getting setup, with drilling expected to commence within the next 3-4 weeks.
Thunder Prospect Holds Immense Potential:
- Initial drill hole at Thunder intersected 48 metres at approximately 3% copper, including a high-grade zone of 20 metres at 6.2% copper.
- This year's program will expand on this discovery, targeting further high-grade zones.
Favorable Host Rock and Metallurgy Enhance ProjectViability:
- The copper mineralization occurs in veins and breccia within Dolomite, a self-buffering rock that simplifies ore beneficiation and reduces environmental concerns.
- This combination of high-grade copper, favorable host rock, and simple metallurgy paves the way for a potentially fast-tracked path to production.
Strong Financial Backing:
- A recent $10 million capital raise, combined with existing funds (~$4 million), ensures adequate resources to execute the exploration program.
AW1 Management Remains Bullish:
- The company remains confident in the Storm Copper Project's potential and is committed to maximizing shareholder value. Dave remains “long and bullish”
Stay Tuned for Exciting Updates:
- Shareholders can expect regular updates as the exploration program gets underway, with the potential for significant news in the coming weeks.
- A comprehensive exploration program positions AW1 for a breakout year at the Storm Copper Project. With high-grade targets like Thunder in focus and a supportive financing strategy, AW1 shareholders have much to look forward to in the coming months.
Displayed at PDAC - Thunder core – only one drill hole – more to come this drill season.
