Dave O’Neill, Managing Director of American West Metals commented:
“I am very pleased to be able to report that initial assays from drill hole ST22-10 confirm the presence of sediment hosted type copper and zinc sulphide mineralisation, with huge implications for the potential metal endowment of the project.
“These results demonstrate that – in addition to the near-surface high-grade copper deposits – we have a second type of copper deposit at Storm. This sedimentary copper mineralisation style is typically associated with very large deposits, such as the large-scale copper deposits in the Congo and the Kupferschiefer deposits in Central Europe.
“The discovery drill hole at Storm is associated with a series of large IP, EM and gravity anomalies that sit below or adjacent to the known high-grade copper prospects and major faults. These features occur across a zone more than 5,000m long, supporting the potential for a very large sedimentary copper system.
“This is a tremendous exploration opportunity and we are already planning follow-up exploration and drilling.
“Further assays from the Storm drill program are due soon and we look forward to reporting on these as they come in.”