Overview of Alice Queen Limited's latest update on Sabeto Project

Alice Queen Limited (ASX: $AQX) has announced the identification of a conceptual porphyry 'Cu-Au subvolcanic breccia pipe' target at its 100% owned Sabeto Project in Fiji. Recent field observations and a review of the Sabeto database have revealed the presence of a diatreme breccia, open to the north and south, with high-grade gold veining proximal to the breccia. The Sabeto mineralisation is hosted in the same alkaline rock formation as the Tuvatu gold mine, indicating significant potential for gold and copper mineralisation.

Insight into the geological observations and potential mineralisation at Sabeto Project

The recent geological observations at Sabeto Project have unveiled an altered diatreme breccia with high-grade gold veining, suggesting the potential for a subvolcanic breccia hosted gold/copper ore body. The presence of mineralised jigsaw crackle breccia and highly evolved felsic intrusive in drill core further support the potential for deeper gold and copper mineralisation. The company's forward exploration plan includes additional geological mapping and surface geochemical sampling to define the surface extent of the diatreme, with the anticipation of drilling this highly prospective target in the near future.

Summary of Alice Queen Limited's Sabeto Project update and future exploration plans

Alice Queen Limited's latest update on the Sabeto Project in Fiji has revealed the identification of a diatreme breccia with high-grade gold veining, indicating the potential for a subvolcanic breccia hosted gold/copper ore body. The project's location within the same alkaline rock formation as the nearby Tuvatu gold mine further enhances its prospectivity. The company's forward exploration program aims to conduct additional geological mapping and surface geochemical sampling to define the surface extent of the diatreme, with the anticipation of drilling this highly prospective target in the near future. Additionally, the company holds tenement over the Viani Project, where it plans to conduct an aggressive program of surface geochemical sampling and drilling on this highly prospective gold project once the tenement is renewed.