American West Metals (ASX: AW1) has obtained exceptional RC drill results outside of the current Cyclone Deposit at the Storm Copper Project on Somerset Island, Nunavut, Canada.
The results have confirmed the substantial expansion potential of the existing resources at Storm.
The results from Cyclone have been prioritised to enable timely receipt for use in the resource estimation and upgrade studies.
The latest assays have confirmed very thick and high-grade intersections of copper within and outside of the current resource envelope, particularly at the west end, and to the south of the deposit.
The west end of Cyclone hosts the shallowest and highest-grade copper mineralisation within the deposit, very favourable for the potential open-pit mining operation.
The infill drilling also continues to confirm the excellent lateral continuity of the orebody as we look to move inferred classified resources into the higher confidence indicated category.
Assays for the remainder of the outstanding drill holes are expected in batches over the coming weeks.
“We are very pleased to provide an update on drill results for the Storm Project. The drilling programme has now exceeded 22,500m of drilling, and still continues to impress us with the exceptional quality of the copper mineralisation at Storm,” Managing Director, Dave O’Neill, said.
“The latest assays from the Cyclone deposit have delivered one of the best copper intersections at the project to date, with a true-width interval of 22.9m grading 8.5% copper. This interval includes semi- massive sulphide zones with individual assays up to 27% Cu. The intersection is located outside of the current resource and clearly continues to highlight the expansion and growth potential of the deposit.
“Another significant milestone and cost saving initiative has been achieved at Storm with the completion of the sealift. The NEAS cargo ship MV Mitiq spent two days offloading crucial supplies directly on Somerset Island for the 2025 drilling season which is expected to provide very significant savings on next year’s logistics budget.
“The latest results and progress clearly demonstrate the potential of the project to keep delivering stunning intersections and innovative logistical solutions. We look forward to sharing further news flow on this exciting program in the coming weeks.”