Dan’s Profound Knowledge of the Mining Sector Will Be of Great Value to AW1
Copper explorer American West Metals (ASX AW1 / WKN A3DE4Y) has an exciting year 2024 ahead, particularly regarding the Storm (Nunavut) and Copper Warrior (Utah) projects. However, the management is already planning long-term for rapid growth of the company both as an explorer and project developer. This is now being addressed, among other things, by appointing Dan Lougher as Non-Executive Chairman of the company.
Mr. Lougher was already on board as a Non-Executive Director at American West, but is now expected to take on a more prominent role. The expert has 40 years of experience in the mining sector worldwide and has made a name for himself in the development and operation of large industrial and precious metal projects in Australia, North America, Africa, and Europe.
Extensive Experience in Mine Construction and Operation
Among other things, he has successfully built numerous mines and has been involved in all project facets (resource delineation, feasibility studies, project financing, mine construction, negotiation of off-take agreements). Moreover, according to American West’s statement, as a corporate leader of large mining companies, he was responsible for corporate strategy and cross-border merger and acquisition activities.
Currently, Mr. Lougher is, among other roles, a Non-Executive Director at the Australian gold producer Perseus Mining, where he chairs the technical committee.
Dave O’Neill, Managing Director of American West Metals, is convinced that Mr. Lougher’s ‘promotion’ to Non-Executive Chairman will be of great benefit to the company:
“Dan’s credentials as a mine builder and operator are outstanding, and we are fortunate to have someone of his caliber in a leadership role for the company. Our achievements in 2023 have brought American West Metals worldwide recognition as we define one of the most exciting new copper growth stories in the world. We believe that the near-surface copper occurrences at Storm are developing into a very significant copper development opportunity. Furthermore, the exploration opportunities and district-level potential at Storm are excellent and have the potential for a world-class copper deposit. Dan’s profound knowledge of the mining sector will be of great value to the company as we continue our rapid growth as an exploration and development company.”
