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Alicanto takes flight
through Guyana jungle
Every fence of drilling we have phatic, reinforcing both the belief in the West African exploration ground largely
done over 12km of strike has prospectivity of the project and the sense tied up, the decision was taken to cross
hit mineralisation; we have with- in bringing in a major partner to assist in the Atlantic and gain a foothold in South
out question demonstrated the realising that potential. America.
continuity of the system.â€
Alicanto grew out of the successful The rationale was simple; the green-
As an indication of Alicanto Minerals Gryphon Minerals/Adamus Resourc- stone belts of north-east South Amer-
Ltd’s satisfaction with initial drilling on its es stable and listed on the ASX in late ica were essentially the same as those
Arakaka gold project in Guyana, Travis 2011 with a smattering of West Austral- which had turned West Africa into a gold
Schwertfeger’s statement is pretty em- ian gold and base metals assets. But, exploration hotspot, yet countries such
Gryphon and Adamus’ success in West as Guyana, Suriname and French Gui-
Africa had given the board a craving for ana had seen only limited work in com-
further overseas developments and with parison.
AUSTRALIA’S PAYDIRT MAY 2017 PAGE 23
