Alto Capital's Tony Locantro discusses Alta Zinc Ltd's (ASX:AZI) resource update for its Gorno zinc-silver-lead deposit in northern Italy. It now hosts 3.3 times more contained zinc metal than previously thought, of which 60% lies in the indicated category. Locantro also talks Pacgold Ltd's (ASX:PGO) fully subscribed initial public offer which raised $6 million at 25 cents. The company is focused on progressing its key asset, the Alice River Gold Project in North Queensland. The Noosa Mining Conference also gets a mention as well as what he describes as a 'saturation' of news announcements and the impact it's having on the market.
Tony Locantro highlights big resource boost for Alta Zinc and welcomes Pacgold listing