Alicanto Minerals identifies four new copper-gold skarn targets for drilling in Sweden

Alicanto Minerals Ltd (ASX:AQI) has identified four new skarn targets for drilling and has applied for three new tenements at the Greater Falun Copper-Gold Project in Sweden.

With these four new targets, the total number of copper-gold skarn discovered by the company rose to seven, all since January 2020 and within a 15-kilometre radius of Greater Falun.

The three new tenements – Stone Lake, Heritage Valley and Swamp Thing – contain several copper-gold skarn targets in addition to those previously confirmed at Wolf Mt, Heden and Lustebo.

High-grade copper and gold

Alicanto has discovered high-grade mineralisation at the Birch Mountain target, where granite rock chips assayed 4.9% copper and 0.3g/t gold within a copper-gold Intrusion.

At Stone Lake, grab samples from the waste dump at historical iron mine identified a massive garnet skarn with 1.81% copper.

Grab samples from historical test mining at a limestone quarry at Swamp Thing mine identified a copper-gold skarn with 1.81% copper.

A Heritage Valley proximal massive garnet skarn with 1.19% copper and 0.42 g/t gold was identified at waste dumps at the historical iron mines.

Drilling to start next month

Alicanto managing director Peter George said: “These latest high-grade copper-gold results from the recent surface mapping campaign continue to strongly support Alicantos interpretation of the significance of the previous Wolf Mt, Heden and Lustebo Cu-Au skarn discoveries.

“A regional distribution with seven (so far) of these copper-gold skarn systems has now been identified in the Greater Falun arRead More – Source