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American West Metals (AW1) investor relations material

American West Metals MST Access and NWR Emerging Copper Stars Conference – Day 1 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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MST Access and NWR Emerging Copper Stars Conference – Day 1 summary15 Oct, 2025

Project portfolio overview

  • Focus on two key North American projects: Storm in Nunavut, Canada, and West Desert in Utah, both in top mining jurisdictions.

  • Storm is a near-term, low-capital copper project with district-scale potential and 100% ownership.

  • West Desert is a porphyry-related system with significant zinc, copper, silver, indium, and gold resources.

  • Both projects benefit from favorable logistics and established mining infrastructure.

  • Exploration upside exists across a 2,200 sq km copper belt, with multiple targets identified for future drilling.

Storm project highlights

  • Initial resource: 21Mt at over 1% copper, with 10.3Mt higher-grade mining inventory; further drilling expected to increase resources.

  • Simple mineralogy enables low-cost, efficient processing with minimal environmental impact and no tailings.

  • Stage one is an open-pit starter mine, generating $300M in the first 5–6 years, funding further district exploration.

  • Ore sorting and DMS circuits yield 70–72% recoveries, with ongoing work to improve output.

  • Strong partnerships: Taurus and Ocean Partners provide up to 80% of development capital and secure offtake.

Growth, funding, and ESG considerations

  • Project is near-term, high-margin, and ESG-friendly, aiding permitting and community relations.

  • Additional funding sought through critical metals grants and process innovation funds in Canada and the US.

  • Permitting and baseline studies are advanced, with strong local community engagement.

  • Weekly news flow expected as PFS, updated resources, and assay results are released.

  • Logistics benefit from proximity to deepwater shipping and uninhabited, flat terrain.

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Frequently asked questions

American West Metals Limited. American West Metals Limited is an Australian-based mining and exploration company focused on the discovery and development of base and critical mineral projects. The company’s primary activities include the exploration and advancement of projects rich in copper, zinc, and other strategic metals. Its operations are primarily located in North America, targeting resources that are essential for renewable energy technologies and infrastructure development. The company is headquartered in Perth, Australia, and its shares are listed on the ASX.

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