American West keeps the high-grade copper hits coming at Storm

Drilling continues to demonstrate the continuity of the near-surface, high-grade copper zone at American West’s Storm project in Canada’s northern Nunavut territory.

The latest hit of 57m grading 2.5% copper from a down-hole depth of just 8m including 1m at 21.9% copper from 14m and 3m at 12.12% copper from 34m in hole ST22-02 follows on the recent 41m intersection at 4.18% copper in ST22-05, further confirming the continuity of mineralisation in the 2750N zone.

With further assays pending from drilling at Storm, American West Metals (ASX:AW1) managing director Dave O’Neill said the results to date are quickly confirming the potential for a high-grade open pit and direct shipping ore mining operation with outstanding expansion opportunities.

Initial ore sorting tests have already confirmed the DSO potential after generating a +53% copper product.

“We are also eagerly awaiting the results for drill hole ST22-10, which has intersected a thick sequence of sedimentary copper mineralisation below the shallow high-grade zones,” he added.

“We believe this new style of copper deposit at Storm is a game changing discovery, which may have huge implications for the copper endowment in the region.

“This year’s drilling program is exceeding our expectations, and we are clearly defining two exciting growth stories within the Storm Project.”

Drilling details

Hole ST22-02 was drilled to a depth of 155m and was designed to test the continuity of the copper mineralisation in the central 2750N Zone.

It intersected a broad, 83m zone of vein and fracture style copper sulphide mineralisation from about 5m downhole which is controlled by the intensity of rock fracturing within the broader fault zone.

Strongest mineralisation consists of massive and semi-massive chalcocite and/or bornite hosted within large fractures and breccia zones.

All drill holes drilled to date at the 2750N zone have successfully intersected thick zones of breccia and/or massive copper sulphides while demonstrating that the mineralisation remains open to the east, west and at depth.

Further diamond drilling is planned to expand the shallow, high-grade 2750N Zone, and to define initial resources at the 4100N and 2200N Zones where shallow high-grade copper mineralisation has also been intersected in historical drilling.

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.