American West Metals lifts Storm copper resource, confirms major target at West Desert

An update from American West Metals Ltd. ( (AU:AW1) ) is now available.

American West Metals has significantly expanded the JORC Mineral Resource Estimate at its Storm Copper Project in Nunavut to 28.2 million tonnes at 1.0% copper and 3.3 grams per tonne silver, a 20% increase in contained copper and 36% rise in contained silver. More than 65% of the contained metal is now in the Indicated category, strengthening the basis for development studies, while regional work has outlined the large Chevron Prospect and other copper targets, with ongoing optimisation of mine planning and processing design.

At the West Desert Project in Utah, the company’s first hole in a 5,000-metre diamond drilling campaign intersected 77.65 metres of visual skarn mineralisation with strong zinc and copper sulphides, confirming a 4-kilometre magnetic anomaly as a major, mineralised target. The result underscores substantial exploration upside, including potential for critical metals such as indium and gallium, as drilling continues with a second hole into the Juab Fault, a known host of high-grade polymetallic mineralisation.

The most recent analyst rating on (AU:AW1) stock is a Buy with a A$0.20 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., listed on the ASX, is a mineral exploration and development company focused on copper, zinc and associated critical metals projects in North America. Its key assets include the Storm Copper Project in Nunavut, Canada, and the West Desert Project in Utah, U.S., both targeting large-scale base and critical metals deposits with significant growth potential.

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Technical Sentiment Signal: Sell

Current Market Cap: A$57.42M

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