On May 09 2023, American West Metals Limited (ASX: AW1) announced that another five Reverse Circulation (RC) drill holes have been completed at the 4100N Zone, providing evidence that the Storm Copper Project in Canada is still producing thick copper intercepts. All drill holes intersected thick intervals of copper sulphides, which include visual copper sulphides ranging from 13.7 meters to 32 meters. The purpose of the 4100N drilling program is to facilitate the calculation of a maiden resource estimate, as significant copper mineralization has already been encountered over a strike length of 1,000 meters.
The next set of drill samples has been dispatched to the laboratory for analysis, and the RC drilling is still in progress, with plans to drill an additional 10-12 holes in the 4100N Zone. A Moving Loop Electromagnetic (MLEM) survey is nearing completion at the 4100N Zone, with new, strong conductors identified for drilling. Furthermore, a ground gravity survey has been completed to identify drill targets at the deeper sedimentary copper system at Storm. Currently, the information gathered from the survey is undergoing analysis in preparation for diamond drilling. The underexplored Tempest Prospect, which hosts a 250-meter long copper gossan, will undergo MLEM survey in the future.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.