Pian Bracca Drilling Re-Starts In Italy After COVID-19 Halt
The share price Alta Zinc Limited (ASX: AZI) jumped 20% in early markets after it announced further promising results from its exploration programme at the Pian Bracca prospect in Italy.
Drill hole PBD17 returned multiple intersections of zinc, lead and silver mineralisation, with MD Geraint Harris said these results support previous high-grade intersections in nearby drill holes within the mineralised corridor between the Pian Bracca and Zorzone areas.
:It is marvellous to be back to report solid drill results after the pause in drilling and PBD17 has not disappointed,” Mr Harris said.
“This hole was completed immediately before the COVID-19 imposed lock-down. Now that life has returned to normal for us at Gorno we have been able to dispatch the samples for a quick assay turn- around from the ALS laboratory in Romania, demonstrating the seamless cross-border logistics are functioning as efficiently as ever.”
Alta had completed extensive drilling in the first phase of the campaign at Pian Bracca, which showed that mineralisation at Pian Bracca remains open to the north and south and also along strike to both the east and the west.
The north-west corridor towards the Ponente zone is also highly prospective and remains largely unexplored. The drilling is currently stepping out to the west, to infill the unexplored corridor connecting Pian Bracca and the defined JORC Mineral Resource at Zorzone, 260m away.
Mr Harris said this illustrates how much potential mineralisation lies undiscovered within the project area, even within short distances of historical drives and recent exploration holes.
He said Alta’s re-started 18-hole/1,500m drilling campaign is well underway, and with our drilling contractor fully operational we are now looking to add a second shift to the daily roster. Alta’s geologists have also been continuing to carry out near mine exploration and sampling to investigate the regional resource growth potential of the district.