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Almaden Intercepts High Grade Silver At Ixtaca North Zone

Investing News Network
Jul. 12, 2012 10:00AM PST
Silver Investing

Almaden Minerals Ltd. (TSX:AMM) reported further results from the Tuligtic project, the on-going four drill exploration prorgam in Mexico. High grades were found in the Ixtaca North Zone, where hole TU-12-145 was drilled.

Almaden Minerals Ltd. (TSX:AMM) reported further results from the Tuligtic project,  the on-going four drill exploration prorgam in Mexico. High grades were found in the Ixtaca North Zone, where hole TU-12-145 was drilled.

As quoted in the press release:

Hole TU-12-145 IXTACA NORTH ZONE, SECTION 10+950:

19.00 meters @0.74 g/t gold and 369.1 g/t silver (8.1 g/t gold equivalent)

 Including 15.60 meters @ 0.83 g/t gold @ 443.6 g/t silver (9.7 g/t gold equivalent)

And 11.00 meters @ 1.09 g/t gold and 580.7 g/t silver (12.7 g/t gold equivalent)

And 6.80 meters @ 1.13 g/t gold and 860.7 g/t silver (18.3 g/t gold equivalent)

47.90 meters @ 0.79 g/t gold and 41.2 g/t silver (1.6 g/t gold equivalent)

Chairman of Almaden, J.D. Poliquin,  commented:
These new results continue to confirm and extend the Ixtaca mineralisation, a strong system of veining with sections that carry high gold and silver grades. Including the newly discovered Ixtaca North zone, the Ixtaca vein system is wider than previously known. The new results reported today from the Ixtaca North zone also show that high-grades exist in many areas of the Ixtaca vein system. Furthermore drilling to date on the Ixtaca vein system shows good overall continuity of mineralisation in both horizontal and vertical dimensions.
 
Click here to read the full press release.

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