American West Metals: Confirms growth potential of West Desert, Utah

American West Metals Confirms growth potential of West Desert, Utah

  • American West Metals (AW1) confirms the growth potential of the West Desert project in Utah
  • It comes following the receipt of results from a hole 250 metres south-west of the West Desert deposit
  • The company says these results confirm the potential for further significant resources to the west of the deposit
  • With this area remaining under explored, AW1 believes it presents an opportunity to further increase the resource footprint
  • Shares are trading grey at 18 cents at 1:57 pm AEST
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Varo Financial Raises $123.9 Million in Funding Boost

The latest funding round strengthens Varo's financial position and growth plans. Highlights: Varo Financial secures $123.9 million in new...

NatWest to Shut 32 Branches, Tightening Its Retail Network

The bank aims to streamline operations amid changing customer habits. Highlights: NatWest to close 32 branches in a strategic...

Novum Secures UK Pension Fund Backing, Strengthening Fintech Growth

Funding supports expansion of innovative financial services in the UK. Highlights: Novum has received investment from a UK pension...

Apax Spins Out Finastra Treasury and Capital Markets Business, Strengthening Focus

Finastra's TCM unit now operates under the new brand Teciem. Highlights: Finastra's Treasury and Capital Markets unit has been...