Alvo Minerals Limited (AU:ALV) has released an update.
Alvo Minerals Limited has initiated a comprehensive diamond drilling program of up to 5,000 meters at their Palma VMS Project in Central Brazil to explore three high-priority prospects, with the aim of expanding upon their existing polymetallic VMS mineralization discoveries. The company holds two JORC Resource deposits and a new discovery, with an updated Mineral Resource Estimate expected in the second quarter of 2024. Enthusiasm is high as this program represents a pivotal step built on extensive multi-disciplinary exploration efforts and the potential for significant discoveries.
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