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Alta Zinc Limited (ASX:AZI) Gorno Innovation Receives EU Booster Funding and Support
Gorno Innovation Receives EU Booster Funding and SupportPerth, July 27, 2021 AEST (ABN Newswire) - Alta Zinc Limited ( FRA:8EE) is pleased to announce it has successfully received funding support for an innovative remote sensing and laser project at Gorno through the EIT RawMaterials program, established by the European Raw Materials Alliance (ERMA) under the EU s intiative to secure sustainable access to vital raw materials as key enablers for a globally competitive, green, and digital Europe. Alta became a member of the ERMA in January 2021, aligning with the EU aim of providing reliable access to key raw materials and recognising the benefit of being part of a unique network of organisations across the raw materials value chain. Alta is aiming to provide a European source of very high-grade, clean, low-impurity zinc and lead concentrates from Gorno by 2024. ....
Alta Zinc higher on recording three-fold increase in Gorno’s contained zinc with updated mineral resource Alta recently completed extensive diamond drilling and channel sampling at the Italian deposit, adding an additional 4.5 million tonnes in mineral resource to Gorno’s existing estimates. Alta Zinc has significantly boosted the contained zinc resource at its Gorno deposit. Alta Zinc Ltd (ASX:AZI) (FRA:8EE) has been as much as 25% higher in early trading on updating the mineral resource at its Gorno zinc-silver-lead deposit in northern Italy with the asset’s contained resources increased. Overall, the project’s total mineral resource tonnage is now 2.4 times greater than previous estimates, while the zinc grade is 40% higher than Alta’s 2017 mineral resource estimate. ....
Alta Zinc Limited (ASX:AZI) Major Mineral Resource Upgrade at Gorno
FRA:8EE) is pleased to announce the updated Mineral Resource estimate (MRE), as shown in Figure 1 , for its Gorno zinc-lead-silver deposit in the northern Italian Province of Bergamo. The deposit is approximately a 3-hour drive from the main Port of Genoa, and a 1-hour drive from Bergamo International Airport (Figure 2 ). The MRE was completed by CSA Global Pty Ltd (CSA Global) in Perth, Australia. Geraint Harris, MD of Alta Zinc commented: Alta shareholders have now been rewarded by this very positive Mineral Resource upgrade, based on results from the recent drilling programs in the new areas of Pian Bracca and Ponente. The outcome is a more than three-fold increase in the amount of zinc metal and a more than 40% increase in the global metal grades contained in the Mineral Resource estimate for the Gorno deposit. This is partly due to an increase in the thicker and higher-grade mineral ....
Alta Zinc to keep on growing following more high-grade results Alta Zinc Ltd (ASX:AZI) (FRA:8EE) Managing Director Geraint Harris tells Proactive London s Katie Pilbeam about the high-grade zinc results, uncovered during work across Alta Zinc’s Gorno Project, have expanded the asset’s mineralisation within three key areas. Promisingly, results have extended the known mineralisation across three key areas within the Gorno Project - Ponente West, Ponente Central and Pian Brecca South. Quick facts: Alta Zinc Ltd Follow ....