Variscan Mines uncovers high-grade Zinc results across Novales Trend
Variscan Mines has released a compilation of high-grade historic surface drilling results across the Novales Trend within its flagship Novales-Udías Zinc Project in northern Spain, reinforcing the Company's conviction that the district holds substantial untapped exploration and development potential.
The newly assembled historic drilling dataset reveals multiple high-grade zinc intercepts along the Novales Trend, situated within the broader Novales-Udías Project area in the Basque-Cantabrian Basin--one of Europe's premier zinc provinces and home to the world-class Reocín zinc mine.
Variscan has previously advised that it secured approval for a major surface drilling campaign comprising 69 diamond drillholes totalling approximately 13,800 metres across the mining licence areas.
The Company believes the historic drilling results continue to demonstrate the continuity of high-grade zinc mineralisation throughout the Novales Trend and further underpin the potential for resource expansion and future mine development.
The Novales-Udías Project is emerging as one of the most advanced zinc development projects in Europe, supported by existing mining licences, established infrastructure, historical mining operations and strong regional government backing. The project sits within trucking distance of major European smelting infrastructure and is well positioned to benefit from the growing focus on critical mineral supply security and domestic European metals production.