The results show strong correlation with historic results, increasing confidence in future drilling programmes to be undertaken at San Celso and
Highlights
Sampling programme results show excellent correlation with historic sampling
Continued high-grade results across both projects
Added detail for maiden drill campaign planning
Option agreement signed for acquisition of highly prospective Nueva Andromeda permit adjacent to the San Celso project, expanding project footprint and mineralisation potential (increasing strike length to nearly 3000 metres ('m'))
Permit hosts a continuation of the Andromeda vein, which runs into the San Celso project
Andromeda vein has been mapped with historical workings for over 500m
'With the acquisition of the Nueva Andromeda permit, we will enhance the potential of the San Celso project. We believe the combined project area hosts the potential to be a sizeable, high-grade silver project, and we are looking forward to being able to do further mapping and sampling over the Andromeda vein prior to the next stage of drilling.'
Background
Located within the Zacatecas Silver belt of
Having located recently the details of the 2006 underground sampling undertaken on the San Celso and Las Christinitas historic mines, the Company was given significant encouragement for the project as they highlight the continuous high-grade nature of the historic workings and show that the mineralisation continues on strike and down dip within the historic mined areas. In 2006, the Company (as
Update
The recent follow up underground sampling programme was designed to confirm previous sampling as well as infill certain gaps to get a complete picture and understanding of the main mineralisation. Four samples were taken underground from the San Celso historic mine area, at the 2,132m level.
The new assay results support the historic sampling with sample suite SC066 returning composite 0.9m at 477 g/t Ag (including sample SC066B that returned 950 g/t Ag from a 30 cm channel sample) compared to the 2006 sample result of 0.5m at 422 g/t Ag, while sample suite SC062 returned composite 1.4m at 225 g/t Ag compared to the 2006 sample results of 1.6m at 335 g/t Ag. The samples were taken as close to the originals as possible and confirm to Alien the high grade and economic widths of the Las Christinitas vein.
Surface reconnaissance was undertaken to the south east of the San Celso project boundary, which revealed more historic workings and continued high grade silver potential along strike. Alien is in the process of applying for the surrounding vacant areas.
Background
Located within the Zacatecas Silver belt of
Update
As at the San Celso project, Alien was keen to access and sample part of the historic underground mine to add knowledge and understanding of the mineralised systems to better plan and target a future drilling campaign.
The Company's exploration team attempted to access the underground workings at
Further surface sampling and review work was carried out in the central southern area of the project, along the surface from historical workings. This returned some further excellent results associated with the main north-west/south-east trending workings, with a maximum result of 361 g/t Ag. These results support previous sampling and add further encouragement for the next stage of exploration and upcoming maiden drilling programme. Samples from smaller vein systems striking oblique to the main system returned background results helping to focus next stage onto the core known defined mineralised veins already identified.
Due to the number of samples submitted and the reconnaissance focused nature of the programme, Alien did not insert any standard or blank samples into the sample batch. The in-house sample QA/QC completed by ALS was deemed acceptable for the purposes of this work. All samples were analysed by Aqua Regia Digest with ICP finish for Au for 35 elements at ALS Zacatecas, Mexico.
Contact:
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Notes to Editors
In addition to progressing and developing its portfolio of assets and following its strategic review of its portfolio of silver and precious metals projects in
Forward-Looking Information
This press release contains certain 'forward-looking information'. All statements, other than statements of historical fact that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future are deemed forward-looking information.
This forward-looking information reflects the current expectations or beliefs of the Company based on information currently available to the Company as well as certain assumptions, including the availability of sufficient funds. Forward-looking information is subject to a number of significant risks and uncertainties and other factors that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realised or substantially realised, there can be no assurance that they will have the expected consequences to, or effects on the Company.
Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.
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