Alicanto Minerals advised that it entered into a binding agreement to acquire the historic Falun mine (28Mt @ 4% copper, 4g/t gold, 5% zinc, 2% lead, and 35g/t silver) and surrounding prospective tenure for total consideration of 200000 AUD. The acquisition complements the company’s existing landholdings in the region, now amounting to 312km2.
Regional geological map over Falun with the location of the acquired claim in red (Source: www.alicantominerals.com.au)
