American West Metals Limited (ASX: AW1) has delivered a discovery that may potentially represent a significant extension of the known mineralisation at the West Desert Project in Utah, USA.
Drill hole WD22-19 – the first exploration drill hole completed by American West – was designed to test a large magnetitic anomaly which is centred approximately 250m south-west of the existing West Desert Deposit.
The magnetic anomaly has the same geophysical signature as the West Desert Deposit and is interpreted to be a potential faulted extension of the Deposit. The magnetic anomaly has never previously been drilled.
The drill hole has intersected multiple zones of strong and massive magnetite skarn mineralisation enriched in zinc, copper and silver. The discovery of further mineralisation over 250m to the west of the West Desert Deposit has confirmed the outstanding growth and exploration potential across the Company’s Project tenure.
“We are extremely excited by the results of the first exploration drill hole to be completed by AW1 at West Desert,” Managing Director, Dave O’Neill, said.
“We are extremely excited by “WD22-19 has discovered a thick sequence of magnetite skarn mineralisation over 250m south west of the known West Desert Deposit.
“The visual observations and portable XRF results indicate broad zones of zinc, copper, silver and molybdenum mineralisation, and confirms that our interpretations about the geophysical targets – including potential West Desert look alikes – are correct.
“This has huge implications for the exploration upside and potential to extend the known West Desert Deposit, with a number of large magnetic and gravity features in the pipeline for drill testing.
“As exploration continues at the West Desert Project, investors can look forward to further news flow in the coming weeks and beyond as we continue to receive assay results from the completed drilling.”
For further information please visit: https://www.americanwestmetals.com/