Pursuing aggressive exploration campaigns in Sweden’s highly regarded Bergslagen Region
Alicanto Minerals is focused on two highly prospective projects: the Falun Copper-Gold project and the Sala Zinc-Silver project. Both projects have a long history of high-grade production but have been the subject of very limited exploration in recent times.
Over their operating lives Falun produced in the order of 28mt @ 4% copper, 4g/t gold, 5% zinc, 2% lead and 35g/t silver while Sala produced approximately 200Mozs of silver at an average grade of 1,244g/t.
Welcome to Alicanto Minerals
Alicanto is targeting game changing discoveries at its Falun Copper-Gold and Sala Zinc-Silver projects in Sweden.
Alicanto considers both projects to be highly prospective for future discoveries. This approach underpins the Company’s strategy of creating shareholder value by discovering, growing, and developing precious and base metal resources in the tier-one mining jurisdiction of Sweden.
Tier 1 Mining Location:
Sweden is a global Tier 1 mining jurisdiction and is currently one of the largest mining economies in Europe. It has a long and proud mining history dating back over 2,000 years.
Alicanto’s projects are located in the Bergslagen Region in south-central Sweden which is recognised as one of Sweden’s premier mining districts. This region benefits from a strong mining culture, extensive infrastructure and large, relatively under explored mineralised systems which host some of the world’s largest polymetallic deposits, several of which are located close to the Company’s Falun and Sala projects.
Highly Rated Team:
Alicanto’s management team has significant in-country expertise with its chief geologist credited with numerous discoveries in the region. The Company’s strategy is driven by the Board and Company Advisers who have been involved in numerous successful exploration and development programs around the world.
Underexplored Brownfields Projects:
Both the Falun and Sala Projects were highly significant and successful mines with strong production histories and where there has been very limited exploration since closure of the mines.
The Falun mine was in operation for over 1,000 years, and for many years was the largest copper producer in the western world. Over its operating life it produced in the order of 28mt @ 4% copper, 4g/t gold, 5% zinc, 2% lead and 35g/t silver.
Alicanto holds permits covering an area of 312km2 which include the historic Falun mine and surrounds. Within these permits, Alicanto controls over 60km of the target limestone horizon. Based on the exploration work completed to date, Alicanto believes that a major mineralised belt stretches over 10km on its Falun permits.
Prior to its closure in 1908, the Sala mine was one of the largest and highest-grade silver mines in Europe. Over its operating life it produced approximately 200Mozs of silver at an average grade of 1,244g/t.
In just twelve months of exploration, Alicanto successfully defined a maiden Inferred Resource of 9.7Mt @ 4.5% Zinc Equivalent (containing over 311,000t of zinc, 15Mozs of silver and 44,000t of lead) including a coherent near surface high-grade breccia zone dominated by semi-massive sphalerite containing 4.5Mt @ 6% Zinc Equivalent (containing 201,000t of zinc and 8.5Mozs of silver).