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copper investing

Almadex Hits 342.00 Meters of 0.60 g/t Gold and 0.27% Copper in Hole EC-17-018 at the Norte Zone

Written by Priscila Barrera
|
Apr. 06, 2017 08:28AM PST

Almadex Minerals Limited (“Almadex” or the “Company”) (TSXV: AMZ) (OTCQB: AXDDF) is pleased to announce it has received assay results from the first hole of the 2017 El Norte drilling program, EC-17-018, drilled from the same pad as the previously announced holes EC-16-010, 012, 013, 014, 016 and 017, but at an azimuth of 180 …

Almadex Minerals Limited (“Almadex” or the “Company”) (TSXV: AMZ) (OTCQB: AXDDF) is pleased to announce it has received assay results from the first hole of the 2017 El Norte drilling program, EC-17-018, drilled from the same pad as the previously announced holes EC-16-010, 012, 013, 014, 016 and 017, but at an azimuth of 180 degrees and a dip of -30. Hole EC-17-018, like the previous holes drilled from this pad, intersected significant mineralisation from the collar. Hole EC-17-018 represents a significant up dip step out and intercepted mineralisation up to 200 meters vertically above that in hole EC-16-010 which was drilled at -55, beneath.
As quoted in the press release:

J. Duane Poliquin, Chairman of Almadex commented, “After our discovery in 2016, we are carrying out a systematic drill campaign to follow-up these results in the Norte zone. Elsewhere on the project we are conducting mapping and sampling preparatory to drilling other zones. This work already has defined previously unknown mineralisation in the Villa Rica zone. We look forward reporting further results in the coming weeks and months as the programs progress.”

Click here for the full text release

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