공고 • Jun 29
Alicanto Minerals Reports Significant High-Grade Assays Which Will Further Strengthen the Impending Maiden Jorc Resource At Its Sala Silver-Lead-Zinc-(Copper-Gold) Project in Sweden
Alicanto Minerals reported significant high-grade assays which will further strengthen the impending maiden JORC Resource at its Sala Silver-Lead-Zinc-(Copper-Gold) Project in Sweden. Alicanto Managing Director Peter George said the latest results, which is the final batch of assays to be included in the Resource estimate, provided more strong evidence of the project's high grades and significant scale. In February 2021, Alicanto secured (100%) tenure covering the historic Sala and Bronas silver mine in Bergslagen, Sweden. Production in the region was last undertaken at the Bronäs mine (about 400m from Sala) in 1962, by which time more than 200Moz of silver had been produced at grades of up to 7,000 g/t2 as well as 35,000 tonnes of lead. This system is a polymetallic skarn with geological similarities with major producing underground mines in the area such as Garpenberg, operated by Boliden, and Zinkgruvan operated by Lundin. Alicanto has been conducting the first systematic diamond drilling at the property since the mine closure and has defined a significant area of silver-zinc-lead mineralisation at the Prince lode over a 1600m by 750m area with the aim of establishing a maiden JORC Resource estimate. Alicanto has completed a total of 28 diamond holes for 18,482m of drilling to date. All results reported to date will be included in the pending maiden Resource, which will be independently estimated by a leading consultant. The Prince Lode, which is a zinc-dominated mineralised zone located immediately to the south of the historic Sala, has been the main area of drill testing by Alicanto. A further drill hole reported in today's announcement has intersected multiple zones of significant mineralisation to the North of Prince which links the Prince Lode to the zinc dominant mineralisation within the Sala Mine: 1.7m @ 132 g/t Ag, 1.4% Zn, 1.9% Pb, from 260.25m and 2.8m @ 22 g/t Ag, 12.7% Zn from 516.9m and 2.5m @ 173 g/t Ag, 1.6% Zn, 2.8% Pb from 553.9m and 4.1m @ 14 g/t Ag, 4.5% Zn from 587.2m in SAL-228. Both the Prince and Sala Lodes are now interpreted to be part of the same larger skarn system and are defined as separate lodes based on their spatial relationship and dominant mineralogy with zinc dominant and silver-lead dominant mineralisation. Previously reported drill results completed by Alicanto from the Prince Lode include: 3.8m @ 7.7% Zn and 9 g/t Ag from 572.75m and 6.8m @ 123 g/t Ag, 1.4% Zn, 2.3% Pb and from 589.75m in SAL21-01 8.0m @ 187g/t Ag, 4.9% Zn, 1.7% Pb and from 486.5m (including 3.9m @ 313 g/t Ag, 9.6% Zn, 3.2%, Pb and from 490.5m) in hole SAL21-03 49.7m @ 18 g/t Ag and 3.9% Zn from 331.9m (including 4.0m @ 62 g/t Ag and 6.9% Zn from 353.2m, and 14.0m @ 30 g/t Ag and 7.6% Zn from 365.5m) in SAL21-06, 3.5m @ 237 g/t Ag, 2.8% Zn, 4.6% Pb from 488.0m in SAL21-07, 4.4m @ 283 g/t Ag, 3.9% Zn, 1.9% Pb from 107.2m, 6.4m @ 120 g/t Ag, 1.3% Zn, 0.5% Pb from 258.6m including, 1.4m @ 413 g/t Ag, 2.6% Zn, 1.3% Pb from 258.6m in SAL21-11, 4.7m @ 875g/t Ag, 24.4% Zn, 3.7% Pb from 249.4m in SAL22-26. Legacy drill hole data situated in upper portion of the Prince lode system and eastwards towards the granite contact was retrieved by Alicanto and demonstrated shallow mineralisation with a trend towards the south and proved an expanded Prince lode target. Available drill core at SGU was relogged and previously unsampled mineralisation assayed. Results included: 2.2m @ 26.4% Zn, 0.3% Pb, 13.6m @ 7.0% Zn, 0.5% Pb including, 1.2m @ 38.5% Zn, 2.4% Pb, 35.1m @ 4.2% Zn, 0.5% Pb including, 8.9m @ 85 g/t Ag, 7.5% Zn, 1.3% Pb and 4.4m @ 10.9% Zn, 32.7m @ 5.4% Zn, 0.4% Pb including 2.2m @ 210 g/t Ag, 16.4% Zn and 2.3% Pb, and 4.3m @ 165 g/t Ag, 20.7% Zn, 1.1% Pb, 15.2m @ 11.1% Zn, 0.7% Pb including 5.9m @ 20.2% Zn, 0.2% Pb, 5.7m @ 9.3% Zn, 0.6% Pb, 5.1m @ 8.3% Zn, 0.3% Pb, 8.7m @ 8.3% Zn, 0.9% Pb, 4.5m @ 150 g/t Ag, 6.6% Zn, 1.0% Pb, 4.5m @ 9.3% Zn, 0.3% Pb. Immediately to the north of Prince at the historic Sala Mine, drillholes SAL22-23 and SAL22-24 targeting the continuation of historic Sala Mine to the northwest intersected high grade silver dominated mineralisation confirming the Sala trend remains open. 3.8m @ 653 g/t Ag, 0.3% Zn, 2.6% Pb, in drill hole SAL22-23, 1.9m @ 164 g/t Ag, 0.6% Zn, 2.3% Pb, in hole SAL22-24. This new drilling adds to previous intersections including intersections: 1.3m @ 110 g/t Ag and 1.5% Pb from 205.5m, 3.3m @ 142 g/t Ag, 3.6% Zn, 2.6% Pb from 333.6m (including 0.9m @ 405 g/t Ag, 9.5% Zn, 7.2% Pb from 333.6m) and 1.4m @ 160 g/t Ag, 1.4% Zn, 2.2% Pb from 358.7m (including 0.5m @ 380 g/t Ag, 2.4% Zn, 5.5% Pb from 359.6m), 3.9m @ 53 g/t Ag, 0.7% Pb from (including 0.4m @ 314 g/t Ag, 4.6% Pb from 312.9m) and 3m @ 47 g/t Ag, 0.8% Zn (including 0.4m @ 232 g/t Ag, 4% Pb from 354.9m), 0.4m @ 242 g/t Ag, 2% Pb from 322.7m, 0.7m @ 844 g/t Ag, 1.8% Zn, 16.3% Pb, 0.5m @ 292 g/t Ag, 1.3% Pb and 3.3m @ 170 g/t Ag, 2.1% Pb. Drilling continues to expand the footprint at the project, targeting further growth.