Australia's American West set for best day on strong assay results from Utah project

American West Metals

08/06/2022 03:42

** Shares of base metals explorer American West Metals
 AW1.AX  rise as much as 71% to A$0.265
    ** Shares on track to post their best day, if gains hold
    ** Co says assay results from the fourth diamond drill hole
at its West Desert Project in Utah found high-grade zinc and
copper  urn:newsml:reuters.com:*:nASX1Ld16c
    ** Says mineralised intervals include high grades of silver
and indium 
    ** Shares hit their highest since April 22
    ** About 11.2 mln shares trade hands, 54 times the 30-day
average of 207,273 shares
    ** As of last close, stock up 24% this year

    

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))