Announcement Date: 2022-07-05
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Atalaya Mining Plc
Project name: Masa Valverde
Location: Spain
Commodities: Silver,Copper,Lead,Zinc
Highlight: Drilling results incl. 35.2m @ 0.7% Cu, 1.53% Zn, 1.39% Pb, 62.5g/t Ag from 77.8m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Atalaya Mining Plc (AIM: ATYM, TSX: AYM) is pleased to announce the results of the first 22 exploration drill holes completed to date on the Campanario Trend, one of several mineralised zones comprising Proyecto Masa Valverde (“PMV”). PMV is located in southern Spain approximately 28 km to the south of Atalaya’s 15 Mtpa mill at Proyecto Riotinto (see Figure 1 in the Website Announcement). PMV consists of several volcanogenic massive sulphide (“VMS”) type deposits including Masa Valverde, Majadales, the Campanario Trend and other drill ready targets. Atalaya’s exploration team discovered the Majadales deposit and in 2020 acquired a 100% interest in PMV. The project is strategically located approximately 28 km from Proyecto Riotinto, therefore future development scenarios are expected to utilise the Company’s existing 15 Mtpa processing plant. In April 2022, Atalaya announced a new independent resource estimate for PMV that was prepared in accordance with CIM guidelines and disclosure requirements of NI 43-101, including
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