Alvo Minerals sets the wheels in motion at Brazilian Palma Project

Mobilisation of an RC drill rig has kicked off and is scheduled to begin drilling in the next few days across the Palma VMS Project in Central Brazil, initially targeting extensions to high-grade VMS and supergene mineralisation.

Alvo Minerals (ASX:ALV) is pursuing several exploration activities aimed at achieving its exploration strategy of upgrading, expanding and discovering high-grade mineralisation at C3 and across the Palma Project.

ALV managing director Rob Smakman says diamond drilling at C3 to upgrade the historical resource has been the focus to date.

“Results have been spectacular,” Smakman says. “We are now energised by advancing exploration activities aimed at extending the high-grade mineralisation.

“The RC drill rig will begin shortly, with the view to expand the strike extent of VMS mineralisation as well as test the potential shallow supergene mineralisation, first identified during phase 1 drilling.”

Unexplored areas to undergo multiple surveys

Historical data uncovered by the company has included soil samples and CPRM test pits, which have revealed compelling drill targets to the north and west of the existing C3 deposit.

“These areas have received little to no drilling to date, as the previous drilling appears to have focused beneath the outcropping gossan,” Smakman added.

“The geophysical equipment has arrived on site and will commence fixed loop electromagnetic (FLEM) and drillhole electromagnetic (DHEM) surveys ahead of our phase 2 diamond drill program at C3 that will be focused on expansion and discovery drilling.”

Drilling to target VMS and supergene mineralisation

Servdrill has been contracted to complete a 4,000m reverse circulation (RC) drill program across the Palma Project, initially targeting C3 VMS and supergene mineralisation before moving to the C1 prospect.

Here, drilling will target shallow VMS mineralisation where field observations have noted less weathering at C1 and therefore the RC drilling will be able to target the shallow VMS mineralisation quickly and effectively.

Results will be released as they are received and interpreted, with turn-around time at the lab expected to take around 3 to 5 weeks, in line with the ongoing diamond program.

What’s next on the agenda?

After uncovering important historical data, which was not part of the original data set, ALV says moving forward it will consider utilising auger geochemistry as an alternative and effective way to explore and identify priority targets across Palma.

As well as the surveys and drilling, metallurgical sampling is underway with test work to begin in June.

This article was developed in collaboration with Alvo Minerals, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.