Zinc, Lead And Silver Intersected In Latest Hole
Alta Zinc Limited (ASX: AZI) has hit a thick intersection of zinc, lead and silver mineralisation, further extending the known mineralisation from the Pian Bracca zone a further 50m approximately west towards the existing Zorzone Mineral Resource estimate in Italy.
Managing Director, Geraint Harris, said drilling at Pian Bracca continues to deliver new mineralisation with drill hole PBD19 adding to the large number of holes that so far define the exciting Pian Bracca Zone.
“The presence of faults is in many ways an opportunity, as frequently it enhances the overall mineralised endowment and the number of repeated lenses.
“However, in some cases the target mineralisation is also displaced by faults but, with historically defined mineralisation guiding us to so many drill targets that are accessible to us, we continue to demonstrate strong mineralisation growth at Gorno.”
Drilling will now test the ground between Pian Bracca and Ponente which is accessible from current development. After that, drilling will commence on the south extension area. If the southern drilling successfully extends the mineralisation mapped in the sidewall (6m+ thickness), that mineralisation can then be drilled back to the west from existing development.
The western extension drilling between Pian Bracca and the reported Mineral Resource estimate at Zorzone will largely be tested from the 940m level to allow better access away from faulting.
Setup work will commence in Ponente during September to install services and set up drilling positions, in readiness for starting drilling at the end of that month.
In addition to the work at Gorno, Alta is planning a Q3/Q4 CY2020 ground exploration program, by way of sampling and mapping, of its exciting Punta Corna prospect where a number of veins have been historically mined for nickel and cobalt over a considerable strike length.
“This work will help the company better understand the mineral potential of the area. Alta looks forward to keeping shareholders updated with further news as results become available,” Mr Harris said.
