THE DRILL SERGEANT: Alicanto Minerals (ASX: AQI) reported high-grade assays it believes will further strengthen the impending maiden JORC Resource at the company’s Sala silver-lead-zinc-(copper-gold) project in Sweden.

Alicanto received the last batch of assays, which it said included key intersections that have revealed high-grade mineralisation in the gap between Sala and Prince lodes, which the company has now interpreted to be one large system.

The latest results include:

Massive sulphide intersected in SAL22-28, of:

2.8 metres at 12.7 per cent zinc, 22 grams per tonne silver;
2.5m at 1.6 per cent zinc, 173g/t silver, 2.8 per cent lead;
4.1m at 4.5 per cent zinc, 14g/t silver.

Drilling at North-West Extension of Sala intersected:

3.8m at 653g/t silver, 0.3 per cent zinc, 2.6 per cent lead; and
1.9m at 164g/t silver, 0.6 per cent zinc, 2.3 per cent lead.

The Prince lode now extends for 750 metres along strike to a depth of 600m.

The company said the Resource estimate, which is being calculated by independent consultants Cube, is scheduled for completion in July.

“These grades are exceptional and entirely consistent with the grades which established Sala as a world-class asset in its previous life,” Alicanto Minerals managing director Peter George said in the company’s ASX announcement.

“The results also extend the known mineralisation along strike at Prince and establish the presence of high-grade mineralisation in the gap between the Sala and Prince lodes.

“As well as helping to further strengthen the upcoming Resource, these intersections demonstrate the immense potential for ongoing growth.

“We have two rigs continuing to drill as part of that growth strategy.”

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Email: info@alicantominerals.com.au

Web: www.alicantominerals.com.au