American West Metals Ltd. (AU:AW1) has released an update.
American West Metals Ltd. has reported a successful quarter with the establishment of a maiden Mineral Resource Estimate for the Storm Copper Project, revealing 17.5 million tonnes of high-grade copper and silver close to the surface, indicating potential for cost-effective open-pit mining. The company has also raised A$10 million for further exploration, which is already underway, targeting new zones of copper mineralization and expanding the known deposits with additional drilling and advanced electromagnetic surveys.
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