Field work confirms high grade Silver at San Celso and Los Campos Silver projects, Mexico and
Strike length of Silver mineralisation extended through acquisition
Alien Metals Limited (“Alien Metals” or “Company”), the exploration and development company, is pleased to announce results of the recent sampling programmes on the San Celso and Los Campos silver projects in Mexico. The results show strong correlation with historic results, increasing confidence in future drilling programmes to be undertaken at San Celso and Los Campos. The Company has also signed final legal documentation to allow it to carry out exploration work with an option to acquire the Nueva Andromeda permit located contiguous to the east of the San Celso project area. Both of these events tie into the long-term development plans for these projects.
– 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’))
o Permit hosts a continuation of the Andromeda vein, which runs into the San Celso project
o Andromeda vein has been mapped with historical workings for over 500m
Bill Brodie Good, Chief Executive Officer, commented:
“We are pleased to have completed further underground and surface sampling at San Celso and Los Campos. In total, 12 samples were collected across the projects as well as some surface reconnaissance on neighbouring ground on strike south of the San Celso project area with signs of further historic mining. The results further validate the high-grade underground grades; the continuity away from the historic workings encourages us to push ahead with the next stage drilling work. Recent heavy rains and underground conditions limited the extent of the sampling programmes, however we are looking forward to getting back on the ground in the near-term.
“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.”
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