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Alvo Minerals Limited (ASX:ALV)

ALERT: Price-sensitive ASX Announcement for ALV
Current share price for ALV : $0.024 -0.048 (-66.67%)+
Announcement
Release
15 Jan 2026 9:26AM
Price at Release
$0.072
Full Release
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Summary
Alvo Minerals Limited has announced the confirmation of significant mineralisation at the Touro Prospect within the Palma Copper-Zinc Project in Central Brazil. Drill assays from the discovery hole PDT-117 revealed high-grade Copper, Zinc, Silver, and Gold mineralisation, with higher Silver and Gold grades than typically seen in the Palma Project. The results include a broad mineralised zone and higher grade zones, with significant copper and zinc sulphides observed. Drilling is set to continue with the intention of exploring deeper targets, with further assays pending from additional drill holes.
Key Points
  • Drill assays confirm high-grade Cu, Zn, Ag, and Au at Touro Prospect.
  • PDT-117 hole showed 9.3m@1.1% CuEq, including higher grade zones.
  • All completed drilling at Touro has intersected significant sulphides.
  • Exploration aims to test deeper targets, with assays pending for more holes.
  • Alvo continues to explore its 100% owned Palma Project in Central Brazil.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.