Desert blooms: American West assays confirm huge growth potential of West Desert Project in Utah
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American West Metals’ (ASX: AW1), latest assay results confirm what a great time the Aussie-listed diversified digger is having out at its West Desert Project in Utah, cracking open more high-grade zinc and copper mineralisation intersected across multiple intervals.
Here’s just a taste, direct from Salt Lake City:
These latest strong assays follow last month’s best-to-date returns from a neighbouring diamond drill hole (WD22-03) and add weight to the continuity of the copper and zinc mineralisation in the east.
Those hits intersected more than 105 metres of high-grade zinc and copper as well as up to 2.04 per cent copper, 21.7% zinc, 0.33g/t gold, 66.09g/t silver and 192.75g/t indium.
Managing Director Dave O’Neill told Stockhead the AW1 team are delighted with the further strong assay results from the diamond drill program.
“We are very excited (to share) more strong assay results that continue to demonstrate the quality of the West Desert Deposit,” he said.
“The results from WD22-05 are important for the resource upgrade currently underway as they have identified significant volumes of copper and gold mineralisation outside of the current resource model as well as confirming strong grades within the Deep Zone of the deposit.”
O’Neill says WD22-05 was designed to test the continuity of mineralisation on the western edge of the Main Zone, and within the Deep Zone of the West Desert Deposit.
“The drill program is continuing to exceed our expectations and our assumptions about the outstanding growth and higher-grade development potential of West Desert.”
He adds, WD22-05 is the first American West drill hole which intersects the central portion of the Deep Zone.
AW1 describes itself as a progressive mining company determined to build out projects which have a low-footprint and support the global energy transformation. 100% owned by American West Metals, the West Desert Project is located 160km southwest of Salt Lake City, smack bang in the centre of the historic Sevier Orogenic Belt home to the world class Bingham Canyon copper deposit and Tintic Mining District.
The Project has a total land holding of well over 30km2 and contains a historical and foreign resource (Ni 43-101 compliant) of over 59Mt which AW1 says contains a higher-grade core of approximately 16.5Mt @ 6.3% Zn, 0.3% Cu and 33g/t In (1.03Mt Zn, 45Kt Cu and 545t In).
O’Neill says AW1 remains staunch in its commitment to “ethical extraction and processing of minerals and making a meaningful contribution to the communities where our projects are located.”
Assays from the current diamond drill program’s remaining three drill holes are expected over the coming weeks, as is an update on the progress of the metallurgical test work that is currently underway
The results will be used in the estimation of the maiden JORC 2012 compliant resource estimate for the West Desert.
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.