Surface exposures at Copper Warrior hold similarities to those at the Big Indian Copper Mine that abuts Copper Warrior and the Lisbon Valley Copper Mine. Pic Stockhead, via Getty Images.
Mining
A program of reverse circulation (RC) drilling has taken off at AW1’s Copper Warrior Project, only 15km from Utah’s second largest operating copper mine at Lisbon Valley.
American West’ (ASX:AW1) Copper Warrior Project is nestled within Utah’s Paradox Basin, an extremely large sedimentary sequence with world-class endowment of vanadium, uranium, and copper.
Copper Warrior lies along the Lisbon Valley fault and within the same geological units as the 40Mt Lisbon Valley copper mine, roughly 15km to the southeast, which is currently operated as an open pit mine by Lisbon Valley Mining Company.
Geological plan of the Lisbon Valley area, Utah. Pic via American West Metals
An IP survey undertaken across the project in 2022 generated strong anomalies that show clear similarities with the geophysical signature of known copper deposits in the district.
With the existing Lisbon Valley mine nearby, and outcropping copper already identified through the Copper Warrior tenure, AW1 believes the project boasts the potential to host large volumes of copper mineralisation.
American West has now commenced its first ever drill program at the Copper Warrior Project comprising an initial 10 drill holes to a planned downhole depths of less than 150m.
The program has been designed to confirm the presence of the regionally prospective copper horizons with the project tenure and test high priority induced polarisation (IP) anomalies defined during the 2022 survey.
These results will then be used to determine the follow-up exploration programs which will likely include further drilling and geophysical surveys.
“With large copper deposits adjacent to and along strike from Copper Warrior, as well as outcropping copper already identified throughout our tenure, the project presents as a compelling low-cost opportunity to potentially discover significant volumes of copper mineralisation,” AW1 Managing Director Dave O’Neill says.
“The current drill program is designed to test these high-priority IP anomalies and to confirm the wider presence of the prospective copper horizons within the project tenure.
“With the remaining drilling and exploration results pending at the company’s Storm Project, and the Copper Warrior drilling now underway, we look forward to continuing steady news flow and a busy end to the year.”
This article was developed in collaboration with American West Metals, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
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