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Alta Zinc Ltd.
Summary
| Project: | Gorno | |
|---|---|---|
| Deposit: | Pian Bracca Zone | |
| Location: | Italy | |
| Commodities: | Zinc-Lead-Silver | |
| Date: | 1/21/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 21-1-2020: Alta Zinc Ltd. announces an Exploration/Drilling Update report for its Pian Bracca Zone deposit at the Gorno project. Drilling results incl. 12.1m @ 15.1% Zn, 4.3% Pb, 60g/t Ag from 59.5m. Alta Zinc Limited (Alta or the Company) (ASX: AZI) is p | |
| 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 four drill holes (PBD02 to PBD05) from its on-going diamond drilling campaign in the Pian Bracca Zone. All holes were drilled upwards from the initial drill pad in the east-central part of the zone. All holes analysed to date have intersected significant zinc and lead mineralisation. While not the focus of the current campaign, drilling has clearly demonstrated the continuity and high-grade nature of a second layer of mineralisation (Breno) which lies approximately 20m below the Pian Bracca Zone. This style of mineralisation was mined historically at the Gorno Project. Significantly, a third zone of mineralisation has been intersected above the Pian Bracca thrust in an area previously thought to be barren. This clearly illustrates the untapped geological potential of the Gorno Project area. Geraint Harris, MD of Alta Zinc commented: “These results validate our team’s long held conviction that Pian Bracca is a top priority exploration target for significant thick and high-grade mineralisation, and demonstrates that the Gorno Project has further exploration upside beyond historically known zones of mineralisation. The confirmation of two new significant zones of mineralisation in the 70 vertical metres between surface and the levels of pre-existing development supports this and will be followed up with ongoing exploration. This is especially exciting when one considers the great lateral extent of mineral prospectivity in the district as evidenced by prior mining.” | |
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