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American West Metals Limited (ASX:AW1)

ALERT: Price-sensitive ASX Announcement for AW1
Current share price for AW1 : $0.032 -0.008 (-20%)+
Announcement
Release
12 May 2026 9:37AM
Price at Release
$0.040
Full Release
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Summary
American West Metals Limited is expanding its drilling activities at the West Desert Project in Utah, focusing on the exploration of zinc, copper, and silver deposits. The project has established geological and grade continuity through thorough drilling results. Geological interpretations have been developed with previous work from Mine Development Associates. Further metallurgical testing is planned to enhance resource modeling and processing flowsheet. The project, which involves tenements in good standing, has been validated through site visits and audits. Historical exploration by various parties has significantly contributed to the current understanding of the deposit.
Key Points
  • American West Metals Limited is expanding drilling at the West Desert Project.
  • The project is located in Utah and involves the exploration of zinc, copper, and silver.
  • Drilling results have established a degree of geological and grade continuity.
  • Geological interpretations were developed in conjunction with previous work by Mine Development Associates.
  • Further metallurgical test work is planned to enhance the resource model and processing flowsheet.
  • Site visits and audits have been conducted to ensure data integrity and reliability.
  • The project involves existing tenements and permits in good standing.
  • Historical exploration by various companies has contributed to the current understanding of the deposit.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.