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American West Metals Limited (ASX:AW1)

ALERT: Price-sensitive ASX Announcement for AW1
Current share price for AW1 : $0.033 -0.004 (-10.81%)+
Announcement
Release
2 Jul 2026 8:43AM
Price at Release
$0.037
Full Release
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Summary
American West Metals Limited announced continued success in its 2026 drilling program at the West Desert Project in Utah, USA. The drilling results have confirmed the extension of the mineral system's strike to over 1.6 kilometers, with drill hole WD26-02 showing significant mineralization including zinc, lead, gallium, and gold. The project is exploring high-grade skarn mineralization and has identified new prospective horizons, significantly enhancing exploration potential. The company is also strategically engaging with US government agencies regarding critical metals supply and production, with ongoing exploration focusing on areas such as the Juab Fault.
Key Points
  • American West Metals Limited reports successful drilling results in Utah's West Desert Project.
  • The mineral system's strike has been extended to over 1.6 kilometers.
  • Drill hole WD26-02 confirmed significant zinc, lead, gallium, and gold mineralization.
  • The project is targeting high-grade skarn mineralization with ongoing exploration.
  • New prospective horizons have been identified, increasing exploration potential.
  • The company is advancing strategic engagements with US government agencies on critical metals.
  • Further drill targets are being explored including the prominent Juab Fault area.
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.