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Alta Zinc Ltd.

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Summary

Project:

Gorno

Deposit:Pian Bracca Zone
Location:Italy
Commodities:Zinc-Lead-Silver
Date:2/20/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Feasibility Study
Report details:20-2-2020: Alta Zinc Ltd. announces an Exploration/Drilling Update report for its Pian Bracca Zone deposit at the Gorno project. Drilling results incl. 8.8m @ 36g/t Ag, 9.7% Zn, 4.9% Pb from 0.0m. Alta Zinc Limited (Alta or the Company) (ASX: AZI) is plea
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Marcello de Angelis (Energia Minerals (Italia) S.r.l.)
ABSTRACT:Alta Zinc Limited (Alta or the Company) (ASX: AZI) is pleased to announce the results of eight further drill holes and five new channel samples. Every hole analysed to date has intersected significant zinc, lead and silver mineralisation. Drilling has extended the mineralisation to the east and confirmed that the ‘Breno’ lens hosts high-grades and is thickening to the east with demonstrated continuity. Within the Pian Bracca Zone drilling has identified multiple and closely-stacked layers of mineralisation which are accessible from existing underground development. Geraint Harris, MD of Alta Zinc commented: “I am delighted that these exploration results continue to build upon the success of our first five holes and that within a such a short time frame our team is delivering consistently exciting grades and thickness. Our new mineralisation has lain undiscovered adjacent to old workings and is easily accessible from existing underground development”. So far, the drilling has successfully defined the mineralisation and geology present in the central-eastern portion of the Pian Bracca Zone. Figure 1 is a long-section showing the position and results ofreported drilling and channel sampling. Importantly, historical results show that Pian Bracca is open along strike to both the east and the west. The western extension will form the next phase of the drilling programme, where channel samples and historic data provide a guide to determine drill positioning. The aim will be to extend the known mineralisation to the west before looking to extend the mineralisation to the north, south and east (see Figure 2).

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