American West Metals Lifts Storm Copper Resource and Advances Critical Metals Strategy in North America

The latest update is out from American West Metals Ltd. ( (AU:AW1) ).

American West Metals has significantly expanded the JORC (2012) Mineral Resource Estimate at its Storm Copper Project in Nunavut to 28.2 million tonnes at 1.0% copper and 3.3g/t silver, boosting contained copper by 20% and silver by 36%, with more than 65% of metal now in the Indicated category, strengthening the basis for development and an upcoming pre-feasibility study. Concurrent regional exploration has advanced multiple new targets at Storm, including discovery of the large Chevron geochemical anomaly and extensions at the Squall and Tornado prospects, while at the West Desert Project in Utah the company has launched a critical metals resampling program confirming Apex-style high-grade gallium potential, underscoring substantial resource expansion opportunities in indium, gallium, and additional copper, gold and silver targets that could enhance the company’s critical metals profile and long-term growth pipeline.

The most recent analyst rating on (AU:AW1) stock is a Sell with a A$0.06 price target. To see the full list of analyst forecasts on American West Metals Ltd. stock, see the AU:AW1 Stock Forecast page.

More about American West Metals Ltd.

American West Metals Ltd is an ASX-listed mineral exploration and development company focused on copper and other critical metals projects in North America, including the Storm Copper Project in Nunavut, Canada, and the West Desert Project in Utah, USA. The company is targeting large-scale, high-grade base and critical metal deposits with potential to supply key inputs for energy transition and advanced technologies.

Average Trading Volume: 4,610,079

Technical Sentiment Signal: Buy

Current Market Cap: A$62.46M

See more insights into AW1 stock on TipRanks’ Stock Analysis page.