Announcement Date: 2022-05-03
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Alicanto Minerals Ltd.
Project name: Sala
Location: Sweden
Commodities: Silver,Lead,Zinc
Highlight: Drilling results incl. 4.72m @ 875g/t Ag, 24.4% Zn, 3.7% Pb from 249.42m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Alicanto Minerals (ASX: AQI) is pleased to report outstanding assays from recent drilling at its Sala SilverLead-Zinc-Copper-Gold Project in Sweden. The results are considered highly significant because they reveal a new structure parallel to Sala as well as extensions to the historic Sala ore body hosting substantial high-grade and shallow massive sulphide mineralisation. Alicanto Managing Director Peter George said the discovery of thick and high-grade massive sulphides in a parallel structure to Sala is highly significant. ’’These exceptional results are a potential game-changer for Sala,” Mr George said. ”This new discovery lends significant strength to our belief that there is also more Sala-style, structurally-controlled galena and sphalerite mineralisation to be found in the NW-SE synforms and antiforms lying outside of the historic Sala mine. ”We are on track to complete the maiden JORC Resource at Sala this quarter, while drilling will continue to test for these repeat structures”
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