PriceSensitive

American West Metals (ASX:AW1) kicks off inaugural drilling in Utah

ASX News, Materials
ASX:AW1      MCAP $77.65M
18 January 2022 13:24 (AEST)

An image of indium. Source: American West Metals

American West Metals (AW1) has commenced its inaugural diamond drilling program at its West Desert zinc copper indium deposit in Utah in the United States.

The West Desert Deposit is a large historical and foreign resource that remains open at depth and along strike.

Ten diamond drill holes are initially planned for approximately 7,500 metres, with drill hole depths ranging from 450 metres to 800 metres.

The company said the drill program is designed to expand the known mineralisation by testing the continuity of key high-grade zinc and copper zones.

Additional drill holes will be added as required and a second drill rig is expected to join the program in the coming months.

The second drill rig will be used for resource extension and to test a number of the exciting West Desert look-alike exploration targets in the near mine area.

The company said the results will be used to support a JORC mineral resource estimation and to progress scoping study activities.

Shares were up 7.69 per cent, trading at 14 cents at 1:23p pm AEDT.

Related News