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American West Metals Ltd. ( (AU:AW1) ) has provided an update.
American West Metals Limited has initiated a field program at its West Desert Project in Utah, focusing on the resampling of historical drill samples for indium and gallium. This effort is part of a broader strategy to unlock the critical minerals potential of the project. The West Desert Project already hosts the largest indium resource in the US, with significant potential for expansion. The project also contains extensive gallium mineralization, which remains largely unexplored. The company’s activities are supported by favorable US and Australian policies on critical metals, and all necessary permits for exploration drilling are in place.
The most recent analyst rating on (AU:AW1) stock is a Buy with a A$0.20 price target. To see the full list of analyst forecasts on American West Metals Ltd. stock, see the AU:AW1 Stock Forecast page.
More about American West Metals Ltd.
American West Metals Limited is a company involved in the exploration and development of critical metals, focusing on resources such as indium, gallium, zinc, copper, silver, and gold. The company operates primarily in the United States, with its key project being the West Desert Project in Utah. American West is positioned to contribute to the security and reliability of critical metals supply chains, aligning with supportive US and Australian policies.
Average Trading Volume: 5,882,722
Technical Sentiment Signal: Buy
Current Market Cap: A$65.88M
See more insights into AW1 stock on TipRanks’ Stock Analysis page.