The latest announcement is out from American West Metals Ltd. ( (AU:AW1) ).
American West Metals Limited has identified a new large-scale copper target at the Storm Project in Canada, which could significantly expand the copper endowment in the region. The discovery of more than 58 meters of visual copper sulphides in a historical drill hole at the newly named Midway Prospect suggests a strong potential for new copper deposits. The company plans an extensive 2025 exploration program, including a multi-faceted drill program and a new helicopter-borne survey to identify additional geophysical targets. This strategic expansion aims to enhance the belt-scale opportunity and resource base at the Storm mining camp, potentially strengthening American West Metals’ position in the copper mining sector.
More about American West Metals Ltd.
American West Metals Limited is a company operating in the mining industry, focusing on the exploration and development of copper resources. The company is primarily engaged in projects located in Canada, particularly the Storm Copper Project on Somerset Island, Nunavut.
YTD Price Performance: 4.00%
Average Trading Volume: 802,322
Technical Sentiment Signal: Buy
Current Market Cap: A$30.98M
See more data about AW1 stock on TipRanks’ Stock Analysis page.