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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:12/4/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Feasibility Study
Report details:4-12-2019: Alta Zinc Ltd. announces an Exploration/Drilling Update report for its Pian Bracca Zone deposit at the Gorno project. Drilling results incl. 10.60m @ 2.28% Pb, 7.21% Zn, 34.06g/t Ag from 36.60m. Alta Zinc Limited (Alta or the Company) (ASX: AZI
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 very pleased to announce the results of the maiden holes in its on-going diamond drilling campaign of the Pian Bracca Zone. The first two holes were drilled in the central part of the Zone and in the vicinity of some of the previous channel sampling. As such they confirm both the thickness and high-grade nature of the mineralisation present in the zone and substantiate both the nearby channel sample grades of exposed mineralisation and that the mineralisation is continuous beneath and between the multiple levels of historic development. Both holes intersected the Pian Bracca mineralisation over significant thicknesses; far in excess of the average thickness previously drilled by the Company in the Zorzone strata-bound mineralisation (which averaged 3.6m). Both holes also intersected a highly mineralised lower lens beneath the Pian Bracca mineralisation. Geraint Harris, MD of Alta Zinc commented: “These first results from our Pian Bracca drilling campaign demonstrate that both the grade and thickness of the mineralisation at Gorno can be significantly greater than has been shown by the nearby Zorzone drilling; it is also a credit to our team that their geologic model is being closely validated by these drilling results. As we continue the step-out drilling it will be exciting to see the potential for mineralised extensions, hopefully continuing to confirm the high grades and thicknesses indicated by our channel samples located further to the east and west of these holes”.

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