Altamin Limited Unveils High-Grade Zn-Pb-Ag Assays Beyond Current Resource, Paving the Way for Major Mineral Expansion.

Thursday, May 22, 2025
at
8:17 am
Article header image

Altamin Limited announces exceptional high-grade assay results from its final channel sampling at the Gorno Project in Italy. The expanded mineralisation beyond current resource estimates highlights significant growth potential and offers encouraging prospects for investors interested in mining opportunities.

Altamin Limited has reported compelling assay results from the fourth and final tranche of its 2024 channel sampling program at the Gorno Project in Italy. The recent tests, taken from 50 rock samples across 26 channels, have revealed high-grade intervals of zinc, lead, and silver located outside the boundaries of the current Mineral Resource Estimate. Notable intercepts include a 1.2‑meter channel with 35.7% zinc, 7.9% lead and 46 g/t silver, as well as another 1.8‑meter channel with 44.9% zinc, 15.1% lead and 179 g/t silver. Detailed channel data indicate that several high-grade intervals, particularly in channels VCH133, VCH135, and VCH137, support the possibility of an extended mineralisation envelope. The sampling work targeted two key areas on the Parina mine level and sublevels, specifically Parina East and Pian Bracca North, where new high-grade mineralisation was identified. In Parina East, the assay results confirm that the mineralised zone extends down dip, effectively bridging a gap in the current model and suggesting the potential for a down dip expansion of the existing ore block. Meanwhile, results from Pian Bracca North reveal that mineralisation continues beneath the historic stoping area, with intercepts along drives between 1020 and 1030 meters hinting at a much broader extent than previously recognised. Technical details from the program underscore robust field methodologies. The channel samples were collected using industry-standard techniques, with a cut-off grade of 1.0% zinc applied to determine significant intersections. Higher-grade intervals were calculated using a 4.0% zinc cut-off, and the results have been systematically verified through geotechnical mapping and surveying. The mineralisation is generally dipping to the southeast at angles ranging from 5 to 45 degrees, and the recent work not only improves the geological understanding but also reinforces the prospectivity of further extending the Mineral Resource Estimate. Investors might view this development with a bullish sentiment given the strong high-grade intercepts and the clear indication that mineralisation extends beyond the current resource boundaries. The announcement suggests promising opportunities for further exploration and resource expansion, which could contribute to the company's long-term value proposition. On the bearish side, caution is warranted due to the inherent risks in early-stage exploration; further drilling will be required to establish a definitive continuity and economic viability of these new mineralised zones. Overall, the technical achievements and strategic expansion demonstrated by Altamin Limited mark a notable step forward in the project’s development trajectory.

Document

Recent Articles