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Altamin Limited (ASX:AZI)

ALERT: Price-sensitive ASX Announcement for AZI
Current share price for AZI : $0.023 -0.003 (-11.54%)+
Announcement
Release
22 May 2025 8:17AM
Price at Release
$0.026
Full Release
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Summary
Altamin Limited (ASX: AZI) announced the final results from its channel sampling program at the Gorno Zinc Project in northern Italy, revealing exceptional grades of zinc, lead, and silver. The results confirm the high-grade nature of the mineralization, with some of the highest grades encountered to date. The sampling program targeted accessible historic mine workings and newly exposed mineralized zones, with the results supporting the company's development plan for the project. The company highlighted the potential for resource growth and expansion of the high-grade zones, with further exploration and drilling planned. The announcement also mentions ongoing activities including feasibility studies, permitting processes, and engagement with stakeholders.
Key Points
  • Final channel sampling results from Gorno Zinc Project confirm exceptional grades of zinc, lead, and silver.
  • Sampling focused on accessible historic mine workings and new mineralized zones.
  • Some of the highest grades encountered to date were reported, emphasizing high-grade mineralization.
  • Results support the ongoing development plan and enhance the project’s growth potential.
  • Altamin is progressing with feasibility studies, permitting, and stakeholder engagement.
  • Further exploration and drilling are planned to expand the high-grade resource base.
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.