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Gold & silver

Alien Metals says surface sampling results encouraging from Nueva Andromeda permit

"The results confirm our interpretation that there is a continuation of silver and base metals mineralisation and historic mining within the Nueva Andromeda permit area," said chief executive Bill Brodie Good

Alien Metals Ltd (LON:UFO) said it was encouraged by the results of a surface mapping and sampling programme carried out on its newly acquired Nueva Andromeda permit, strategically contiguous to the San Celso silver project in Zacatecas State, Mexico.

Surface sampling results included 734 grammes per tonne (g/t) silver, 488 g/t silver and 270 g/t silver, while three samples returned significant gold up to 0.44 g/t, as well as a significant zinc anomaly up to 19,350 g/t.

"We are very pleased with the results of this sampling and mapping program, which are greatly encouraging for the potential of the project,” said chief executive Bill Brodie Good.

“We were particularly pleased to see that the results confirm our interpretation that there is a continuation of silver and base metals mineralisation and historic mining within the Nueva Andromeda permit area, with the total strike length now increased by a further 20-30% for the San Celso project.

"The samples are all composed of quartz and carbonate dominant vein material with varying amounts of sulphides and hence are very similar to the mineralisation seen in the San Celso veins to the north,” he added.

The seven samples were all taken from the surface as float associated with various size dumps from the historic mining in the area.

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