Alicanto Minerals owns the Greater Falun copper-gold and polymetallic skarn project and the Sala silver-lead-zinc polymetallic skarn project in the world-class Bergslagen region of Sweden. Bergslagen is renowned as a Tier-1 jurisdiction based on its large mineralised systems and pro-mining regime.
The Bergslagen region hosts world-class base and precious metals projects such as the Garpenberg mine operated by Boliden and the Zinkgruvan mine operated by Lundin.
It also houses the now-closed Falun mine, which has a long-established mining history dating back over the best part of 1000 years, producing 28 million tonnes of high-grade copper-gold-rich polymetallic ore with high-grade silver, zinc and lead (28Mt @ 4.0% Cu, 4.0g/t Au, 5.0% Zn, 2.0% Pb and 35g/t Ag) (see ASX release dated September 15, 2020 under the Investor tab on this site).
In September 2020, Alicanto began a 4000m diamond drilling program to test new targets and seek to establish extensions to known mineralisation located in the vicinity of major copper gold systems.
This successful drilling program intersected disseminated through to semi-massive sulphides containing visual chalcopyrite in all targets drilled and confirmed that the stratigraphic sequence at Falun can be tracked to over ten kilometres away at the Green Mile target.
As part of its exploration program, Alicanto has mapped more than 2,300 outcrops and historical surface workings which have led to the discovery of over 12 copper-gold and polymetallic skarns at surface.
This information has been combined with the large volume of historical and recent geophysical survey data to build an impressive picture of the Greater Falun Project which has not been seen before now.
Drilling is aimed at testing the multiple EM signatures, IP Anomalies and copper-gold and polymetallic skarn targets.