Metals

American West Metals (ASX:AW1) confirms growth potential of West Desert, Utah – The Market Herald

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  • American West Metals (AW1) confirms the growth potential of the West Desert project in Utah
  • It comes following the receipt of results from a hole 250 metres south-west of the West Desert deposit
  • The company says these results confirm the potential for further significant resources to the west of the deposit
  • With this area remaining under explored, AW1 believes it presents an opportunity to further increase the resource footprint
  • Shares are trading grey at 18 cents at 1:57 pm AEST

American West Metals (AW1) has confirmed the growth potential of the West Desert project in Utah.

It comes following the receipt of results from a hole 250 metres south-west of the West Desert deposit.

Assays recorded 4.58 metres at 5.21 per cent zinc, 0.46 per cent copper, 0.6 grams per tonne (g/t) gold, and 88.05 g/t indium.

The company said these results confirm the potential for further significant resources to the west of the deposit.

With this area remaining under explored, AW1 believes it presents an opportunity to further increase the resource footprint.

American West has planned further exploration drilling to test to the north of this hole.

Additionally, mineralisation in a second drill hole at the northern end of the deposit remains open along strike and at depth.

The company expects results from the program’s final drill hole shortly.

In the meantime, it is continuing metallurgical test work and development of a maiden resource estimate for the West deposit.

Shares were trading grey at 18 cents at 1:57 pm AEST.

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