{australien_flagge}Samples from five additional drill holes at the Strom Copper Project on Somerset Island, Nunavut, have again returned thick intersections of near-surface copper sulphides with grades up to 7% Cu at the 4100N Zone. American West Metals Limited (ASX: AW1; FRA: R84; OTCQB: AWMLF) reports that the results confirm or in some cases exceed previous visual estimates. Increasingly, high-grade, continuous, near-surface copper mineralization is emerging at the Strom Project that could be mined by open pit. Test work is underway to prepare for a possible direct shipment operation (DSO). Results are expected shortly. To date, horizontal copper stratigraphy has been confirmed in the 4100N Zone over a length of one kilometer and over a width of approximately 400 metres. Mineralization is open along strike to the east and west.
{australien_flagge}Samples from five additional drill holes at the Strom Copper Project on Somerset Island, Nunavut, have again returned thick intersections of near-surface copper sulphides with grades up to 7% Cu at the 4100N Zone. American West Metals Limited (ASX: AW1; FRA: R84; OTCQB: AWMLF) reports that the results confirm or in some cases exceed previous visual estimates. Increasingly, high-grade, continuous, near-surface copper mineralization is emerging at the Strom Project that could be mined by open pit. Test work is underway to prepare for a possible direct shipment operation (DSO). Results are expected shortly. To date, horizontal copper stratigraphy has been confirmed in the 4100N Zone over a length of one kilometer and over a width of approximately 400 metres. Mineralization is open along strike to the east and west.
Figure 1: Plan view of the 4100N Zone showing the interpreted footprint of copper mineralization (defined by historical drilling and EM), historical and current drilling, and overlaying regional geology.
Figure 2: 3D orthographic view of the 4100N Zone, Storm Project, showing drilling (historical, completed in 2023 and planned for 2023) and the interpreted >1% mineralized envelope defined in drilling.
Hole SR23-02 intersected 29m @ 1.1% Cu from 59.4m, including 9.2m @ 2.2% Cu from 71.6m, including 1.5m @ 5.1% Cu from 79.3m. Hole SR23-03 returned 67.1m @ 1.1% Cu from 54.9m, including 4.6m @ 2.6% Cu from 64m, and 9.1m @ 2.5% Cu from 79.3m, including 1.5m @ 7.1% Cu from 82.3m and 4.6m @ 2% Cu from 97.5m. Hole SR23-04 intersected 6.1m @ 1.1% Cu from 50.3m, and 19.8m @ 1.1% Cu from 77.7m, including 3.1m @ 4% Cu from 94.5m. Hole SR23-05 intersected: 21.3m @ 1% Cu from 41.2m, including 3.1m @ 2.5% Cu from 45.7m. Hole SR23-06 intersected 7.6m @ 1.1% Cu from 53.3m, including 3.1m @ 2% Cu from 54.9m, and 6.1m @ 1.2% Cu from 82.3m, including 3.1m @ 2.2% Cu from 82.3m.
Dave O’Neill, Managing Director of American West Metals, commented, “The second set of assay results for the 4100N Zone drilling continued to impress us and confirmed additional thick intercepts of copper mineralization in close proximity to surface. Several high-grade assay results indicate the presence of additional semi-massive and massive sulfide copper zones within the ore body, which we believe will significantly increase the overall grade of the resource. The mineralization at Storm is quickly demonstrating the quality and extent of what we believe will be a world-class opportunity for open pit copper mining. We look forward to providing further updates on drilling and other exploration activities in the coming weeks.”
Bottom line: drilling at 4100N couldn’t be going better for American West. Every drill hole is a hit and all drill results to date demonstrate consistent copper grades and excellent lateral continuity of high grade mineralization. In addition, there are large volumes of coherent copper mineralization (<1% Cu) outside the stronger zones of mineralization. Data is being incorporated into the future resource model of 4100N, which is steadily increasing in size and certainty. American West is also planning near-term drilling in the adjacent 2200N and 2750N zones, where high-grade copper sulphides were found near surface in 2022, including 41m @ 4.18% Cu from 38m in ST22-05.
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