23 July 2025
American West Metals Limited (American West Metals or the Company) (ASX:AW1) is pleased to provide an update on the 2025 drilling and exploration program for the Storm Copper Project (Storm or the Project) on Somerset Island, Nunavut, Canada.
Dave O’Neill, Managing Director of American West Metals, commented:
“The drilling and regional exploration plans at Storm are rapidly evolving and we are pleased to report further exciting results. “As reported previously, Phase 1 of the mobile magnetotellurics (MMT) survey defined a series of large conductive features in favourable geological and structural locations along the Midway-StormTornado Corridor. Whilst the MMT data is being finalized and interpreted in 3D, an extensive mapping and sampling program was completed to aid in the drill targeting. The survey has been highly successful and defined over 8km of strike of visual copper sulphides along the extensive fault network. Significant volumes of chalcocite, a very high-grade copper sulphide, have been logged and confirmed with portable XRF. The scale and extent of the mineralisation highlight our belief that the Tornado area could host a very large copper deposit at depth.
“Eight diamond drill holes have now been completed and have produced some outstanding intervals of visual copper sulphide. Two of the geotechnical drill holes completed at the Cyclone Deposit have hit semi-massive sulphides in unexpected areas of the resource.
“The geotechnical holes were designed to intersect the proposed walls of the open-pits, and are therefore located on the margins of the resource. Thick copper intersections in these areas are highly encouraging for potential resource growth and will likely to push the pit walls outwards. This will mean more copper coming out of the ground. These drill holes highlight the sometimes-unexpected nature of drilling and the untapped growth potential of Cyclone and the wider project areas.
“The RC drilling also continues strongly with 21 drill holes completed to date. Drilling has been completed to test resource upgrade and high-priority exploration targets in the Storm area. The drill rig has now moved to the Tornado area to start testing the near-surface resource potential of the area. “We look forward to providing further updates as this exciting program continues.”