Alicanto Minerals is generating exceptional high-grade silver, zinc and lead drilling results at its Sala project. In light of this exploration success, the Company expects to publish a maiden JORC-compliant Resource estimate in early 2022.
Sala was once Europe’s largest silver producer. When mining finished in 1962, it had produced more than 200Moz of silver at an estimated average grade of 1,244 g/t and reported as high as 7,000 g/t. Very little modern exploration has been undertaken there.
Sala is located 50km from Boliden’s operating Garpenberg Mine. Garpenberg has produced over 40Mt of ore and has a current resource of 151.5Mt @ 2.75% Zn, 1.3% Pb and 86.6g/t Ag.
The sulphide mineralisation at Sala is hosted in dolomitic marble and occurs dominantly as silver-bearing galena and to a lesser extent as complex antimonides, sulphosalts and native silver. The silver content of the galena was between 0.15% to 1%, the latter being one of the highest contents of silver in galena ever reported.
Alicanto is targeting extensions to the known high-grade mineralisation.