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    Almaden Provides Update On Northeast Extention Drill Results

    Investing News Network
    Jul. 09, 2012 08:30AM PST
    Gold Investing

    Almaden Minerals Ltd. (TSX:AMM) announced new drilling results for the ongoing Tuligtic four drill exploration project in Mexico, with holes results from TU-12-135 and 151 through 158. Notably, hole TU-12-155 in the Northeast Extention Zone hit 44.01 meters @ 1.04 g/t gold and 95.8 g/t silver (3.0 g/t gold equivalent).

    Almaden Minerals Ltd. (TSX:AMM) announced new drilling results for the ongoing Tuligtic four drill exploration project in Mexico, with holes results from TU-12-135 and 151 through 158. Notably, hole TU-12-155 in the Northeast Extention Zone hit 44.01 meters @ 1.04 g/t gold and 95.8 g/t silver (3.0 g/t gold equivalent).

    As quoted from the press release, findings include:

    Hole TU-12-135 MAIN IXTACA ZONE, SECTION 10+525:
    104.35 meters @ 0.85 g/t gold and 28.5 g/t silver (1.4 g/t gold equivalent)
      Including47.95 meters @ 1.57 g/t gold and 43.5 g/t silver (2.4 g/t gold equivalent)
      And15.65 meters @ 3.04 g/t gold and 52.4 g/t silver (4.1 g/t gold equivalent)
    Hole TU-12-154 MAIN IXTACA ZONE, SECTION 10+250:
    59.30 meters @ 0.78 g/t gold and 15.2 g/t silver (1.1 g/t gold equivalent)
      Including10.25 meters @ 1.16 g/t gold and 47.4 g/t silver (2.1 g/t gold equivalent)
        
    Hole TU-12-155 NORTHEAST EXTENSION ZONE, SECTION 50+000N:
    44.01 meters @ 1.04 g/t gold and 95.8 g/t silver (3.0 g/t gold equivalent)
      Including10.50 meters @ 2.65 g/t gold and 244.9 g/t silver (7.5 g/t gold equivalent)
      Including2.5 meters @ 8.49 g/t gold and 683.6 g/t silver (22.2 g/t gold equivalent)
        
    Hole TU-12-156 MAIN IXTACA ZONE, SECTION 10+250:
    21.73 meters @ 1.56 g/t gold and 11.7 g/t silver (1.8 g/t gold equivalent)
     
    Hole TU-12-158 IXTACA NORTH ZONE, SECTION 48+750N:
    49.19 meters @ 0.86 g/t gold and 11.1 g/t silver (1.1 g/t gold equivalent)
      Including4.50 meters @ 5.52 gold and 10.4 g/t silver (5.7 g/t gold equivalent)
     
    Chairman of Almaden, J.D. Poliquin,  commented:
    We are very pleased with these new results which continue to confirm and extend the Ixtaca zone to be a strong system of veining with sections that carry high gold and silver grades. Including the veining of the newly discovered Ixtaca North zone, the Ixtaca vein system is wider than previously known. The new results reported today from the Northeast Extension Zone show that we are only beginning to understand this exciting project as we now have a new orientation of veining hosting high grades to explore and develop. Drilling to date on the Ixtaca vein system shows good continuity of mineralisation in both horizontal and vertical dimensions.
    Click here to read the full press release.

     
     
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