Alicanto Minerals (ASX:AQI) said it was reviewing potential project acquisitions with a particular focus on exploration upside, according to a Wednesday Australian bourse filing.
It assessed both base and precious metal opportunities in tier-one locations.
The company is assessing the exploration upside at its Greater Falun copper-gold-zinc-silver-lead project in Sweden, undertaking field mapping to identify compelling copper, gold, and silver targets, the filing said.
The firm is in active discussions with potential strategic partners for the project to continue progressing systematic exploration, per the filing. It is also in talks with potential strategic partners for the Falun project, also in Sweden.
The firm's shares were up almost 3% at market close Wednesday.
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