13 June 2023
(June 13, 2023) American West Metals Limited (American West or the Company) (ASX: AW1), is pleased to announce the results of a high-resolution ground gravity survey that was completed over the Storm Copper Project (Storm or the Project) on Somerset Island, Nunavut.
Dave O’Neill, Managing Director of American West Metals commented:
“The recent gravity survey over the Storm project area has produced spectacular results. The data supports our geological assumptions and the potential for a large copper system below the near-surface copper mineralisation.
“The high-resolution survey has successfully defined a series of large, dense bodies that sit directly under the high-grade 4100N Zone, and in key areas around the other known high-grade copper deposits.
“Importantly, our interpretation of the gravity data is supported by coincident historical geophysical anomalies and the 2022 discovery of copper sulphides in drill hole ST22-10, which is located on the edge of one of the newly identified gravity targets.
“The gravity anomalies are modelled to commence around 200m below surface and have a strike of several kilometres. We are chasing big copper targets here.
“The resource drill-out of the near-surface copper is progressing very well and we are confident of delivering a significant and robust maiden copper resource at Storm from those results alone.
“The new copper targets at depth are a game-changer for the potential copper endowment at Storm and we are excited to prioritise drilling of these exciting targets for the 2023 field program.”
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