Atalaya makes progress at southern Spain projects

5 days ago London South East

(Sharecast News) - Atalaya Mining updated the market on its ongoing exploration programme at projects in southern Spain on Thursday, including Proyecto Masa Valverde (PMV), Proyecto Ossa Morena (POM) and Proyecto Riotinto East (PRE). The AIM-traded firm said a total of four rigs were currently active, with three at PMV and one at POM. The Masa Valverde deposit at PMV, meanwhile, saw step-out drilling in the western area discovering a new high-grade zinc zone. At the Campanario Trend at PMV, additional drilling around the historical Campanario mine confirmed the lateral and up-dip continuity of the previously defined mineralisation. "Since then we have defined new, shallow and potentially economic mineralisation at the Campanario Trend and have now made a potentially new discovery at the previously undrilled Mojarra Trend."
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