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Almaden Minerals Returns 106.00 Meters of 0.36 g/t Gold and 0.23% Copper at El Cobre

Written by Investing News Network
|
May. 07, 2013 04:21AM PST

Almaden Minerals Ltd. (TSX:AMM,NYSE:AAU) announced drill results from their El Cobre copper-gold porphyry project in Mexico.

Almaden Minerals Ltd. (TSX:AMM,NYSE:AAU) announced drill results from theirĀ El Cobre copper-gold porphyry project in Mexico.

As quoted in the press release:

243.00 meters @ 0.25 g/t gold and 0.18% copper
Including106.00 meters @ 0.36 g/t gold and 0.23% copper
Includes 68.00 meters @ 0.47 g/t gold and 0.29% copper
Includes 32.00 meters @ 0.82 g/t gold and 0.41% copper

Almaden’s Chairman,Ā J.D. Poliquin, said:

This new drilling at El Cobre further highlights the potential of this project to host a porphyry deposit. The project has unparalleled infrastructure that is permissive for a deposit to be developed. At this time we have only tested one of four known targets. Much more work is required to fully understand and explore this exciting copper-gold project. While market conditions require us to focus on our Tuligtic project in the near-term, we are looking forward to advancing El Cobre with the aggressive drill program required to explore this tremendous target.

To view the whole press release, click here.

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drill results porphyry deposit tsx:amm nyse:aau
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