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Ameriwest Reports Additional High-Grade Copper Results from Historical Drill Core at Bornite Including 71.0 Feet (21.6 Meters) at 8.08% CuEq
Ameriwest Critical Metals reported modern assay results from re-sampling historical drill core at its 100%-owned Bornite copper-gold-silver project in Oregon. Hole CC30 returned 110.0 feet grading 5.87% CuEq, including 71.0 feet grading 8.08% CuEq, with modern copper grades about 6% higher than historical values.
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What happened
Ameriwest Critical Metals reported modern assay results from re-sampling historical drill core at its 100%-owned Bornite copper-gold-silver project in Oregon. Hole CC30 returned 110.0 feet grading 5.87% CuEq, including 71.0 feet grading 8.08% CuEq, with modern copper grades about 6% higher than historical values.
Confirmed
Global impact / market context
Higher modern grades suggest the old drilling records may have understated the ore quality, which could support the project's eventual economic case. For investors, this is early-stage data from one hole, not a resource estimate, so it signals potential rather than confirmed value.
Analyst inference
Copper is tied to construction, wiring and electrification demand, so grade improvements can matter for future mine economics. Still, these are assay results from a small re-sampling program, and the company must drill more and define a resource before any production or cash-flow path exists.
Analyst inference
What to watch
- Ameriwest said CC30 follows previously announced results from holes CC24 and CC26, so watch for the remaining holes and any pattern across the re-sampling program. Confirmed
- Watch whether the company funds a follow-up drilling program to test these intervals in new holes, which means spending money to confirm the grades beyond preserved historical core. Proposed
- Watch for a future resource estimate, meaning an official calculation of how much metal exists; without one, the high grades cannot be translated into project value or production plans. Analyst inference