American West Metals Limited (ASX: AW1) has welcomed the release of a maiden JORC 2012 compliant Mineral Resource Estimate (MRE) for its wholly-owned West Desert Project in Utah, USA.
The Maiden Independent JORC Indicated and Inferred Mineral Resource Estimate (MRE) has defined 33.7Mt @3.83% Zn, 0.15% Cu and 9.0g/t Ag.
“We are thrilled to announce a very significant milestone for American West Metals with the Maiden JORC compliant resource for the West Deposit,” Managing Director, Dave O’Neill, said.
“The MRE has exceeded our expectations in delivering resource confidence and growth. This is a fantastic outcome for the company and highlights the significant development potential of the project. The scale and quantity of the resource suggests the potential for a globally significant mining operation.
“West Desert is well located for future development and has received strong support from the local and federal government. The large resources and exciting growth opportunities at West Desert demonstrate the outstanding value of the project.
“The near-term focus will be on expanding mineral resources followed by economic evaluation of the project. Drilling will recommence during Q2 2023.”
The maiden JORC compliant Mineral Resource Estimate (MRE) for West Desert was completed by international mining and engineering company Stantec Consulting Services Inc. (Stantec), with geological modelling and validation assistance by American West.
For further information please visit: https://www.americanwestmetals.com/