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- American West Metals (AW1) was up more than 48 per cent after revealing it encountered the best assays to date at the West Desert Project in Utah, US
- Results come from hole WD22-03 that was drilled to test the continuity of the copper and zinc mineralisation in the east
- It intersected more than 105 metres of high-grade zinc and copper as well as up to 2.04 per cent copper, 21.7 per cent zinc, 0.33g/t gold, 66.09g/t silver and 192.75g/t indium
- AW1 will use the assays for a resource update and a maiden JORC 2012 resource estimate for West Desert
- Shares in AW1 are up 41.9 per cent and trading at 22 cents at 12:21 pm AEST
American West Metals (AW1) were up more than 48 per cent after revealing it encountered the best assays to date at the West Desert Project in Utah, US.
Results come from the fourth hole, WD22-03, that was drilled to test the continuity of the copper and zinc mineralisation in the east.
It was drilled to a depth of 549.83 metres and samples were assayed by the American Assay Laboratories in Nevada.
The results confirm the hole intersected multiple wide lenses of high-grade zinc, copper, silver and indium mineralisation.
Hole WD22-03 intersected more than 105 metres of high-grade zinc and copper as well as up to 2.04 per cent copper, 21.7 per cent zinc, 0.33g/t gold, 66.09g/t silver and 192.75g/t indium.
AW1 will use the assays for a resource update and a maiden JORC 2012 resource estimate for West Desert.
“We are thrilled to share the diamond drill results from WD22-03, as the program continues to define high-grade mineralisation at West Desert, substantially enhancing the resource potential,” Managing Director Dave O’Neill commented.
“The intersections within WD22-03 display outstanding thicknesses and grades which continue to highlight the significant scale and quality of the West Desert Deposit.
“The assay results and drill hole location are strategically favourable and provide further support for potential future underground development.”
Shares in AW1 were up 41.9 per cent and trading at 22 cents at 12:21 pm AEST.
