Key Facts about American West Metals' Discovery

American West Metals Limited (ASX:AW1) has announced the discovery of thick high-grade copper mineralization at the Storm Project in Canada. The deep diamond drilling at the Central Graben area has confirmed the prospectivity of the site, with assays showing up to 3.7% Cu. The company's Managing Director, Dave O'Neill, expressed excitement over the outstanding results, indicating the potential for significant economic copper mineralization at depth.

Executive Commentary by Dave O'Neill, Managing Director of American West Metals

The assays for the first deep diamond drill hole have been received and have produced outstanding results. The drill hole has hit what we believe to be the first indication of Cyclone Deposit style mineralization at depth. The style, thickness, grade, and host rocks of the copper mineralization look very similar to that of the southern part of the Cyclone Deposit. It is also located in a setting that suggests it may be a fault offset and southern continuation of the Deposit. To achieve these results in our very first deep drill hole this year, and whilst testing a geological concept, speaks to the untapped potential of the Storm area and confirms our assumptions that the deeper horizons have the potential to host significant quantities of economic copper mineralization. The success rate and volume of copper mineralization at all stratigraphic levels is telling us that this is a potentially huge and long-lived mineral system. Zeroing in on the strongest parts of the mineralization will be the focus of the deep exploration going forward. The assays for the second deep drill hole are expected very shortly. This drill hole intersected a total of over 90m of visual copper mineralization and we are eagerly awaiting the results. We are also looking forward to reporting on the RC drilling and investors can expect continuing regular news flow over the coming weeks and months.

Summary of American West Metals' Discovery and Outlook

The deep diamond drilling at the Storm Project has confirmed the presence of a large lateral extent of the copper system at depth, with assays showing up to 3.7% Cu. The discovery highlights the potential of the 'Deep Copper Horizon' to host large-scale stratigraphic hosted high-grade copper deposits. The company's Managing Director, Dave O'Neill, emphasized the untapped potential of the Storm area and the confirmation of assumptions regarding the deeper horizons' potential to host significant quantities of economic copper mineralization. With the upcoming assays for the second deep drill hole and the focus on deep exploration, American West Metals is poised to continue its regular news flow, providing investors with ongoing updates on the project's progress.