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Why American West Metals is reporting exceptional copper intervals and a new discovery at the Storm Copper Project? — ASX:AW1| ASX Mining News & Discussion
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Lykeshares
2y
Official
$AW1
Why American West Metals is reporting exceptional copper intervals and a new discovery at the Storm Copper Project?
American West Metals Limited (ASX: AW1 | OTCQB: AWMLF) has reported exceptional drill results at the Storm Copper Project on Somerset Island, Nunavut in Canada, confirming thick, high-grade copper. Initial assay results from the summer drilling program at the 2750N and 4100N Zones returned near-surface high-grade copper intervals, including 46m of 2.2% copper and 15.6m of 4.2% copper, among others. Further assays are expected regularly over the coming weeks.
Moreover, exploration drilling between the 2750N and 2200N Zones has delivered a new discovery in an under-explored area of the project. The copper zone, named 'Lightning Ridge,' has been interpreted to be fault-related and is located between the high-grade 2750N and 2200N zones, approximately 1km apart. Over 10km of prospective structures have been identified in the immediate area, with further potential across the project.
Dave O’Neill, Managing Director of American West Metals, said: “We are very pleased to provide an update on the
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drilling activities at Storm with the initial assays for the 2023 summer resource drill
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L
Lykeshares
133d
Official
Berkshire is hoarding so. much. cash.
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L
Lykeshares
133d
Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can
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rush, it’s a complex, slow-moving process that takes years of precision and experience.
Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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L
Lykeshares
164d
Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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L
Lykeshares
1y
Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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L
Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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L
Lykeshares
1y
Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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L
Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
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