American West Metals Limited (ASX: AW1 | OTCQB: AWMLF) has provided a further update on the diamond drilling activities at the Storm Copper project, Somerset Island, Nunavut.
Diamond drill hole ST23-04, the fourth drill hole of the programme, has been completed in an untested area of the Storm project and over 2km west of the recent Thunder zone discovery.
The drill hole was designed to test a strong gravity anomaly, and to also intersect one of the main interpreted structures in the area, the Southern Graben Fault. Both targets were successfully tested and provide further evidence of a regional scale copper sulphide system within the Storm project area.
Dave O’Neill, managing director of American West Metals, commented, “The outstanding 100% success rate of the diamond drilling at continues at Storm, with the fourth diamond drill hole intersecting another thick interval of visual copper sulphides. This exceptional strike rate across a very broad area is further evidence of a truly regional scale copper system.”
The main interval of visual sulphide copper mineralization intersected within ST23-04 is an 18.5m thick zone containing chalcopyrite and chalcocite, which is interpreted to correlate with the same distinctive sediment-hosted mineralized horizon as encountered within diamond drill holes ST22-10, ST23-01, ST23-02, and ST23-03.
Additionally, ST23-04 is located immediately north of a large, untested 880m x 470m FLEM anomaly that was defined in 2022. Similar conductive anomalies elsewhere at Storm have been confirmed by drilling as copper sulphide mineralization.
Mr. O’Neill continued, “With every drill hole that has targeted the large gravity features hitting copper sulphides, our confidence in the large-scale potential of the copper system continues to grow.”
Drilling continues at the project and assay results are expected within the next two weeks.
To find out more, please visit www.americanwestmetals.com
To read more articles like this, please visit www.theassay.com/news/
