Alta Zinc Limited (ASX: AZI) has achieved strong results from four drill holes in its on-going diamond drilling campaign in the Pian Bracca Zone at the Gorno Project in Italy.
Managing Director Geraint Harris said that 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.
“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,” Mr Harris said.
“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.”
Drilling has so far been focussed on defining the mineralisation and geology present in the east-central portion of the Pian Bracca Zone.
It is anticipated that the next batch of core will be shipped for assay in early February with results expected in the second half of February. This phase of drilling campaign is expected to continue until the end of the second quarter 2020.