News Articles for American West Metals

Non-executive director of BMG Resources John Prineas will replace Greg Hancock as the non-executive chairman of the company as it kicks off a search for a new MD to develop its 500,000-ounce gold find near Wiluna. The move follows the resignation of Managing Director Bruce McCracken and will see Mr Hancock remain on the board as an independent non-exec director.

American West Metals has appointed current non-executive director and 40-year mining veteran Dan Lougher as non-executive chairman of the company. Lougher has a track record of developing and operating large-scale base and precious metals assets in Australia, North America, Africa and Europe and will oversee American West as it looks to develop its potentially massive Storm copper project in Northern Canada.

While 2023 saw explorers flock to the James Bay region of Quebec in Canada, a host of ASX-listed companies set their sights further north to the province of Nunavut to hunt for gold, copper and critical minerals. With Quebec becoming a little too popular, several hopefuls decided to roll the dice in the cold, but far less crowded province of Nunavut.

In the second Bulls N' Bears instalment on what made stocks jump in 2023, we look at how some bonanza hits at American West Metals' Storm Copper project in northern Canada blew up a share price gale. The company's stock bulged from just 4.3 cents in March to hit a high of 37.5c on August 10 – a rise of more than 772 per cent.

American West Metals has pumped up the mineral resource at its West Desert project in Utah with nearly 24 million ounces of indium and 119,000 gold ounces and says it has the only indium deposit in the United States. The updated JORC resource adds to the existing 1.3 million tonnes of zinc, 49,000 tonnes of copper and 10 million ounces of silver at the project.

American West Metals has confirmed outstanding grades of 38.2 per cent copper and 30.87 per cent zinc from geochemical sampling at the Tempest prospect that forms part of its greater Storm project in Canada. The results came from surface gossan rocks at the underexplored site, which have been mapped for more than 4km and are about 40km south of copper targets drilled earlier this year.

American West Metals continues to record impressive hits at its Storm project in the Canadian province of Nunavut, with a peak result showing a 1.5m intercept at a whopping 8.3 per cent copper from 54.9m. The hit was found within a 24.4m section grading 1.1 per cent copper from 48.8m and also contained 6.1m going 2.8 per cent copper from 54.9m.

American West has kicked off a maiden drill program at its Copper Warrior project, following up favourable geophysical IP anomalies and outcrop samples returning up to 3.3 per cent copper. The project is located nearby the historical Big Indian Copper Mine and along strike from Utah's second largest operating copper mine with the current program to include 10 RC holes with initial assay results expected in 4-6 weeks.

American West Metals has delivered more shallow and high-grade copper results from its Storm project in the Canadian province of Nunavut, with peak assays including a 1.5m hit at 7.6 per cent copper from 77.7m. The impressive hit came from a drillhole sunk at the company's Lightning Ridge prospect, which also recorded a 15.2m segment grading 2.3 per cent copper from 30.5m.

American West Metals has hit high-grade, sediment-hosted copper in three diamond drill holes sunk at its Storm project in Canada's Nunavut province, with the intercepts below the site's near-surface copper deposits. Highlights show a 76m hit at 2 per cent copper from 32.4m, which included a headline grade of 49.6 per cent copper in a 0.5m slice.

American West Metals looks set to acquire an 80 per cent share of the Storm project in Canada's Nunavut province from Aston Bay Holdings after completing its exploration spend requirement at the operation. As part of an option agreement in 2021, American West was granted the chance to grab the commanding slice of the project once exploration expenditure of C$10 million (AU$11.475 million) was completed.

American West Metals has unveiled bonanza copper grades at its Storm project in Canada with a 0.3m intercept at a whopping 42.8 per cent copper from 67m, in addition to identifying a new zone of mineralisation. The impressive hit was contained within 46m going 2.2 per cent from 64m, including 15.6m grading 4.2 per cent from 65m.

American West Metals has continued a winning streak at its Storm project in Canada, striking an 18m intercept of visual copper sulphides in its latest diamond drillhole. The hit extends copper mineralisation 2km from its recent Thunder zone discovery hole that yielded more than 76m of visible copper sulphide mineralisation, hinting that the company has tapped into a major belt-scale sediment-hosted copper system.

American West Metals' Storm project in Canada is raging on with two new copper zones unveiled in its third diamond drillhole this year, just 1.7km south of the major discovery that took its share price to a record high earlier this month. Management says new results feature some of the best intercepts seen at the project, with more than 76m of near-surface breccia copper sulphides.

American West Metals' stock touched an all-time high of 31 cents during today's intraday trading, up from last night's close of 20c after making a fresh copper discovery at its Storm project in Canada – including 45.5m of visual sulphides in one hole. It says the discovery exhibits similarities to many of the world's major sediment-hosted copper systems.

American West Metals' Storm project in Canada has continued to deliver high-grade, near-surface copper intervals at its 4100N zone. Its latest assays results include 15.3m at 1.6 per cent copper from 59m, containing 3.1m going 4.8 per cent copper from 64m. Management says its expanding copper footprint remains open in all directions and a diamond drilling campaign will start soon.

American West Metals has continued to ride a copper wave at its Storm project in Canada after revealing more thick and high-grade intervals near surface, with a headline 1.5m hit going an impressive 8 per cent. The company says its “outstanding results” point to the ongoing consistency and scale of its copper mineralisation … with the promise of more to come.

American West Metals believes it is closing in on a massive underground copper deposit within the tenement boundaries of its Canadian-based Storm copper project. Detected with a ground gravity survey, management says its new evidence adds to already-known exposed copper at surface on-site at Storm and complements recent drill intercepts that found thick copper intersections at depth.

The hits keep coming for American West Metals, with the latest results from drilling at its Storm copper project in Canada showing assays including a 1.5m section at a whopping 7.1 per cent copper from 82.3m. The impressive hit was contained within a 9.1m intercept grading 2.5 per cent copper from 79.3m that was pulled from a wider 67.1m section reading 1.1 per cent copper from just 54.9m.

American West Metals has continued its unbroken run of hitting thick copper intervals at its Storm project in Canada, with its latest batch of eight holes all showing strong visual sulphides from reverse-circulation (RC) drilling. Management says assays received from its resource definition program include 15.2m at 1.2 per cent copper containing 4.6m going 2.8 per cent copper from 54.9m.

American West Metals has been buoyed by visual analysis of its five latest RC drill holes sunk at the company's Storm copper project in Canada that show thick copper-sulphide intercepts. The explorer says its initial phase of drilling is designed to define maiden JORC resources within the 4100N, 2750N and 2200N zones where high-grade copper mineralisation starts from surface.

American West Metals has revealed immediate RC drill program success at its Storm copper project in Canada's far north … with the promise of more to come. The North American-focused company says the first four holes completed at its 4100N prospect all intersected thick visual copper sulphide intervals, confirmed to contain copper based on portable XRF analysis.

American West Metals is set for an exploration blitz with a new rig at its Storm copper project on Somerset Island in Canada and has scheduled a 10,000m RC and diamond drill campaign to begin within days. The company says its initial drilling phase is designed to define maiden JORC resources within the 4100N, 2750N and 2200N zones where high-grade copper mineralisation starts from surface.

Perth-based company and USA focused explorer American West Metals has posted a maiden resource for its multi-commodity base metal West Desert deposit in Utah which the company says continues to ill

American West Metals will roll in a third drill rig to ramp up exploration at its Storm project in Canada with ground geophysical surveys also set to kick off in March. A combination of diamond and RC drilling is looking to etch out multiple shallow high-grade copper deposits suitable for low-cost open-pit mining, along with expanding the company's recent discovery of a potentially large sediment-hosted copper system.

American West Metals has unveiled a suite of new targets at its Copper Warrior project in Utah, USA after completing an induced polarisation survey at the site. The company says one of the anomalies tips the scales at 850m x 570m and returned grades as high as 3.3 per cent copper in geochemical sampling.

The US federal government has provided the Utah Geological Survey with a US$300,000 grant to study American West Metals' West Desert project near Salt Lake City. The project boasts large resources of commodities critical to the new energy push including zinc and copper and indium and the work is aimed at providing the necessary know-how to sniff out similar deposits.

The final batch of assays from a maiden diamond drilling program at American West Metals' Storm project in Canada has once again highlighted the shallow, high-grade nature of a prospective zone coined “2750N”. Banner results include a 2m section going almost 16 per cent copper from 70m inside a larger 19m parcel at 2.08 per cent from 58m downhole.

North America focussed mineral explorer American West Metals has appointed highly experienced mining executive Daniel Lougher as its new Non-Executive Chairman effective from February next year. Lougher previously served as Managing Director for nickel developer Western Areas, leading the company to a $1.3 billion acquisition by mega miner IGO Limited. He will initially serve as the company's Non-Executive Director from November this year before transitioning to Chairman.

Our board moves wrap includes Dan Lougher, John Prineas, Andrew Rutherford, and Richard Monti.

American West Metals has tabled an “outstanding” set of metallurgical test results that highlight exceptional recoveries of 94.4 per cent zinc and 78 per cent copper from samples taken at its West Desert project in Utah. The company is already sitting on a 59 million tonne-plus resource at the operation and says the results indicate a significant slice of the operation's mineralisation is amenable to low-cost, heap leach processing.

American West Metals has confirmed the presence of a potentially lucrative new copper system at its Storm project in Canada after sifting through preliminary assay results from a recently plunged diamond hole. The discovery sits beneath the operation's known near-surface mineralisation and has drawn comparisons to some of the world's premier sedimentary-style copper deposits.

New assay results suggest American West Metals has nailed a parcel of new mineralisation about 250m from its existing West Desert deposit in Utah. The mixed metal strikes include a 0.92m interval running a serious grade of 20.4 per cent zinc from 459.31m that sits amongst a cocktail of anomalous copper, gold, silver and indium hits.

New assay results from diamond drilling at American West Metals' Storm project in Canada have confirmed the continuity of shallow, high-grade copper at a highly prospective zone dubbed “2750N”. Headline results include a 57m parcel grading 2.5 per cent copper from 8m embracing a 1m intercept running an eye-catching 21.9 per cent copper from 14m downhole.

Shares in American West Metals surged more than 80 per cent in intraday trading following the delivery of a robust set of maiden assay results from diamond drilling at its Storm project in Canada. The results include 41m at 4.18 per cent copper from 38m with a higher grade 15m parcel going 10.05 per cent from 47m.

American West Metals has stretched the shallow mineralisation footprint at its Storm project in Canada after two holes plunged across a highly prospective zone known as “2750N” intersected broad intervals of visual copper. The explorer says its recent campaign has extended the strike length of the area's copper to more than 200m.

American West Metals' share price jumped 40 per cent in opening trades after news the explorer had made a major new copper discovery at its Storm project on Somerset Island in Nunavut in Canada. The company says recent drilling intersected more than 68m of stratiform copper sulphide mineralisation that is indicative of a major system at depth.

Diamond drilling at American West Metals' Storm copper project in Canada continues to unearth more visual hits, with four recent holes plunged across a highly prospective area known as 2750N extending the zone's shallow mineralisation footprint. The company says the first bore of its latest campaign intersected more than 74m of visual mineralisation, including a 15.3m package of breccia and massive copper sulphide material stretching across several intervals.

American West Metals could be onto a shallow, high-grade copper at its Storm project in Canada after unveiling strong visual mineralisation from the company's first two diamond holes at the operation. The explorer launched the probe at a highly prospective area known as “2750N” where historical intercepts include 110m at 2.45 per cent copper from surface and 3.07 per cent copper from 12.2m.

Perth-based American West Metals has kicked off a maiden drilling program at its Storm project on Somerset Island in Nunavut, Canada, where a number of high-grade copper targets will be tested. The campaign follows up on a raft of solid historical hits including 110m at 2.45 per cent copper from surface and 56.3m grading 3.07 per cent copper from 12.2m.