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Press Release - MINING COM

Press Release - MINING COM
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Alicanto Minerals Ltd gears up for busy half year at its flagship Swedish Projects

Alicanto Minerals Ltd (ASX:AQI) is undertaking a 20,000-metre drilling campaign at its primary projects in the Bergslagen region of Sweden - the Greater Falun Copper-Gold-Silver-Zinc-Lead Project and at the nearby Sala Silver-Zinc-Lead Project. Sala Silver Mine, known as the ‘Swedish Treasury’, has produced more than 200 million ounces of silver at very high grades and Alicanto is confident there is more to come. The company recently undertook a detailed review of historical data that concluded Sala has strong exploration potential - having been exposed to virtually no modern techniques and mineralisation open in every direction. A specialised diamond rig capable of drilling at the surface and underground is active at Sala.

FTSE 100 ends higher but doesn t crack 7,100; US markets mixed after Nasdaq reverses course lower

Follow John on: FTSE 100 ends higher but doesn t crack 7,100; US markets mixed after Nasdaq reverses course lower Helped by the weakness of sterling, the FTSE 100 posted decent gains Manufacturers are going full-pelt but rising input prices are a concern FTSE 100 rises 58 points US indices mixed as Nasdaq slides Asia-focused banks suffer 5.15pm: FTSE can t quite reach 7,100 London s leading index closed Tuesday up 58 points, 0.8%, at 7,080, while the FTSE 250 gained 191 points, 0.8%, to end at 22,875. US and UK investors have returned from their holiday in bullish form, picking up where they left off on Friday, IG Chief Market Analyst Chris Beauchamp wrote. Growth sectors such as health care and tech stocks continue to struggle compared to the cyclical areas such as mining and banking, while in the UK commodity prices have driven the gains for the FTSE 100, thanks to the strong showing in the US and Chinese manufacturing PMIs.

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