American West Metals Limited (ASX: AW1 | OTCQB: AWMLF) has provided an update on its ongoing drill programme at the company’s Storm Copper Project, Nunavut.
Dave O’Neill, managing director of American West Metals commented, “Further outstanding results have been received for the current drilling programme at the 4100N Zone, with assays continuing to show the consistency and scale of the high-grade near-surface copper mineralization.”
Assay results have been received and interpretation has been completed on drill holes SR23-07, SR23- 08, SR23-09, SR23-13, SR23-14, and SR23-15.
Thick and high-grade near surface copper have been shown with intervals over 5% Cu and a peak value of 8% Cu. The drill holes are located within the central part of the 4100N Zone, American West has prioritized these holes to allow resource modelling to continue drill sections with complete data sets.
“We continue to see thick intervals of copper mineralization hosted within predictable stratigraphic horizons. Copper grades of 8% Cu highlight the quality of the mineralization, and there is opportunity to expand the higher-grade zones with the mineralization open in all directions.” Said Mr. O’Neill.
The new data at the 4100N Zone is helping the company further understand the geological setting and mineralization processes of the Storm copper system. The drilling reveals a laterally extensive zone of mineralization that displays many of the features of a typical sediment hosted copper deposit, including multiple stacked copper horizons.
Importantly, the geology of the 4100N displays marked similarities to that observed in drilling that has tested deeper parts of the system, drill hole ST22-10, which was drilled to the west and below the stratigraphic level of the 4100N Zone.
The company has stated that the findings are similar to many of the world’s major sediment-hosted copper systems, including the deposits of the Kalahari Copper Belt (Botswana), and Central African Copper Belt (DRC, Zambia).
To find out more, please visit www.americanwestmetals.com
