American West – “This is a unicorn”
American West Metals (ASX AW1 / A3DE4Y) has the team, the money and the right project to develop a world-class, ESG-compliant copper deposit on Somerset Island in Nunavut near the Arctic Circle. In a recent presentation at the CDFund Discovery Day 2024, Dave O’Neill, MD, explained the highlights of the discovery and why the Storm project is so different from 99% of all other copper projects.
It seems that American West has decoded the DNA of the Storm project: the project combines a simple flat-lying geometry of copper-bearing limestone strata with high metal grades for open pit mining and the potential for environmentally friendly extraction of copper concentrate for direct shipping (DSO potential) without the use of chemicals.
We have put together here a number of excerpts from Dave’s CDFund presentation that we found most telling:
00:05 Why is the copper ore from Storm suitable for direct shipping?
01:50 Balance 2023: 200,000 tonnes of copper drilled in eight weeks. What’s next for 2024?
02:17 What about the ESG factors in the Storm project?
04:05 Why is the Canadian Archipelago considered a Tier 1 mining jurisdiction?
04:15 What does the drill core look like and what makes it special?
04:32 Why is the Cyclone discovery suitable for simple open-pit mining?
05:15 Storm covers only 5% of the entire license area. What about the remaining 95%?
06:45 This is why a zinc discovery could be added to the copper.
08:11 Why is Storm different from other copper projects?
You can find the complete presentation here: https://www.youtube.com/watch?v=yyRdXf1RBi0
More Goldinvest.de:
X (Twitter) / https://twitter.com/GOLDINVEST_de
LinkedIn / https://www.linkedin.com/company/goldinvest-de/
Instagram / https://www.instagram.com/goldinvest.de/
Facebook / https://www.facebook.com/goldinvest.de
WhatsApp (en) / https://www.whatsapp.com/channel/0029Va9QkxzAInPl0xFUmx2N
Disclaimer: GOLDINVEST Consulting GmbH publishes comments, analyses and news on https://www.goldinvest.de. This content is intended solely for the information of readers and does not represent any kind of call to action; neither explicitly nor implicitly are they to be understood as a guarantee of any price developments. Furthermore, they are in no way a substitute for individual expert investment advice; rather, they are advertising/journalistic publications. Readers who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. The acquisition of securities, especially in the case of penny stocks, involves high risks that can lead to the total loss of the capital invested. GOLDINVEST Consulting GmbH and its authors expressly exclude any liability for financial losses or the guarantee that the content of the articles offered here is up-to-date, correct, appropriate and complete. Please also note our terms of use.
In accordance with §34b WpHG (Securities Trading Act) and Section 48f (5) BörseG (Austrian Stock Exchange Act), we would like to point out that clients, partners, authors and employees of GOLDINVEST Consulting GmbH hold or may hold shares in American West Metals and therefore a possible conflict of interest exists. Furthermore, we cannot exclude the possibility that other market letters, media or research companies may discuss American West Metals during the same period. Therefore, there may be a symmetrical generation of information and opinions during this period. Furthermore, there is a consulting or other service contract between American West Metals and GOLDINVEST Consulting GmbH, which constitutes a conflict of interest.
@americanwestmetalsltd4281 #copper #kupfer #mining
