The San Celso project contains five high-grade veins with grades up to 395g/t Ag, 13,700ppm Pb, and 13,900ppm Zn. None of these veins appear to have been systematically drilled previously, to define a compliant resource.
Alien Metals' geochemical exploration work suggests the silver-lead-zinc mineralisation is indicative of a low sulphidation epithermal system, and initial observations of the vein systems indicate similarities to the Company’s previously owned and nearby San José mine, where historic mining exploited the San José vein down to approximately 300 metres. At San Celso, historic mining terminated at the water table (approximately 90 metres) and the Company believes there is considerable depth potential to both the San Celso and Las Cristinitas veins.
A schematic map of the area showing the various identified veins is set out below:
Images of the San Celso project area are available below: