American West Metals Limited (ASX: AW1) has received “outstanding” assay results from the fourth diamond drill hole to be completed by the company at the West Desert Project in Utah.
Drill hole WD22-03 was designed to test the continuity of strong copper and zinc mineralisation in the eastern portion of the Main Zone of the deposit. The hole was drilled to 549.83m downhole and was the third drill hole to be assayed by American Assay Laboratories in Reno, Nevada.
Assays have confirmed that WD22-03 has intersected multiple very wide lenses of high-grade zinc, copper, silver and indium mineralisation within halos of lower grade zones.
The mineralisation is particularly strong in a number of massive sulphide dominant intervals and confirms the continuity and coherent nature of strong mineralisation in the eastern portion of the West Desert Deposit.
“We are thrilled to share the diamond drill results from WD22-03, as the programme continues to define high-grade mineralisation at West Desert, substantially enhancing the resource potential,” Managing Director, Dave O’Neill, said.
“The intersections within WD22-03 display outstanding thicknesses and grade which continue to highlight the significant scale and quality of the West Desert Deposit.
“The assay results and drill hole location are strategically favourable and provide further support for potential future underground development.
“We look forward to reporting further strong results from the pending assays for the other completed drill holes in the coming weeks.”
Highlights:
More than 105m of high-grade zinc and copper intersected in WD22-03 within four major intervals, comprising in order of downhole depth:
o 10.82m @ 1.41% Cu, 1.51% Zn, 0.23g/t Au, 59.41g/t Ag, 40.63g/t In from 224.63m, including: 6.09m @ 2.04% Cu, 1.09% Zn, 0.33g/t Au, 66.09g/t Ag, 47.98g/t In from 224.63m
o 47.4m @ 4.3% Zn, 0.08% Cu, 0.04g/t Au, 12g/t Ag, 34.75/t In from 234.07m, including: 10.36m @ 6.56% Zn, 0.05% Cu, 10.35g/t Ag, 36.06g/t In from 263.03m
o 26.52m @ 8.46% Zn, 0.17% Cu, 0.11g/t Au, 10.61g/t Ag, 55.63g/t In from 313.47m, including: 16.47m @ 10.22% Zn, 0.26% Cu, 0.17g/t Au, 16.24g/t Ag, 48.63g/t In from 315.91m
o 18.59m @ 13.24% Zn, 140.96g/t In from 367.88m, Including: 9.75m @ 21.7% Zn, 192.75g/t In from 369.4m
Mr O’Neill said the company will be assessing a number of different development options for West Desert including a proposal that is focused on mining the high-grade core through an open-pit operation that transitions to underground mining at depth.
He said the results of drill hole WD22-03 are highly significant as the mineralisation intersected is located in an area that could support the commencement of underground development.
For further information please visit: https://www.americanwestmetals.com