Storm

Storm and Seal (together, the “Nunavut Projects”) are located in the northern part of Nunavut, a territory of Canada. The area is within the Polaris mineral district and 122km south of the regional community and logistics hub of Resolute Bay.

The combined area of the Nunavut Projects encompasses a regionally extensive land package of 4,145 km2 on the uninhabited Somerset Island. The area commences at the north coast of Somerset Island, adjacent to Aston Bay, and extends south for 120km.

The Nunavut Projects are currently owned by Aston Bay Holdings Ltd (TSX-V: BAY). American West has an exclusive option to acquire 80% of the Nunavut Projects under the Storm Option Agreement

Two distinct styles of mineralisation have been discovered by historical exploration.

Storm Copper

The Storm Copper Project is a high-grade, sediment hosted copper discovery with multiple, thick high-grade copper intersections at a number of target zones. The discovery is ready for extensional drilling and resource definition.

Historical drill intercepts have included:

  • 19m @ 3.41% Cu from surface (ST97-02)
  • 110m @ 2.45% Cu from surface (ST97-08)
  • 56.3m @ 3.07% Cu from 12.2m (ST99-19)
  • 15m @ 3.88% Cu from 72.4m (ST99-47)

Exploration at Storm

There is very limited drilling at depth and beyond the known strike of copper mineralization (approx. 2.5km) at Storm, suggesting excellent potential to establish an increased scale to the mineralised footprint.

Additional copper prospects along this extensive strike include the Tornado, Blizzard and Hurricane prospects. These are defined by copper (and Zinc) geochemical anomalies, with some gossans grading up to 32% Cu.

A number of targets have also been generated by geophysical surveys. Exploration has shown a clear geophysical response of copper mineralization in electromagnetic and gravity data.

Additional geophysical surveys will be undertaken by American West to further refine existing targets and to generate further targets for exploration.