Outstanding growth potential confirmed at Storm Copper Project, Nunavut

14 December 2021

  • Numerous shallow electromagnetic (EM) conductors identified coincident with high-grade
  • copper mineralisation intersected by previous drilling
  • Seven new and untested high-priority shallow EM conductors identified
  • In addition, seven large, new and untested deeper EM conductors also identified
  • First ever ground EM survey completed over the high-grade Seal Zinc-Silver Deposit
  • The survey confirms the growth potential of the Storm high-grade copper system

(News Release, Tuesday, 14th December 2021) American West Metals Limited (American West Metals or the Company) (ASX: AW1), is pleased to report the results of the recent ground electromagnetic (EM) surveys completed at the high-grade Storm Copper and Seal Zinc-Silver Projects (Storm, Seal or the Projects) on Somerset Island, Nunavut. These geophysical surveys are the first to be completed since American West Metals became project operator under the option agreement with Aston Bay Holdings (TSX-V: BAY).

The EM surveys have successfully identified numerous conductive anomalies throughout the Storm Copper prospect area, including multiple anomalies previously untested by drilling.

A small survey was also completed over the high-grade Seal Zinc-Silver Deposit. This survey was the first of its type at Seal and was used to test the response of the zinc-silver sulphides to this method of exploration.

Dave O’Neill, Managing Director of American West Metals commented: “The results of the latest EM surveys over Storm have better defined the known prospects, and highlighted new high-priority targets along strike of known mineralisation, and in areas with favourable geology.

“It has reinforced our belief in the outstanding growth potential of the project and that further, undiscovered zones of high-grade copper minseralisation exist in unexplored areas of the Project.

“The scale and strength of some of the new anomalies, and the low false positive rate when using EM systems at Storm, make them compelling targets that are ready to be tested with drilling.”

View complete release with figures here.