Posted in | News | Silver

Almadex Minerals Announces Results from San Pedro Project

Almadex Minerals Ltd. reported the receipt of findings from the second hole (SP-22-004) drilled on its wholly owned San Pedro Project in Jalisco, Mexico, in 2022. Hole SP-22-003, which intersected 4.51 m of silver weighing 656.8 g/t, was drilled from the same pad as this one.

Almadex Minerals Announces Results from San Pedro Project
San Pedro Property. Image Credit: Almadex Minerals Ltd.

SP-22-003 was drilled with a −50° inclination, whereas SP-22-004 was drilled with a −75° inclination. SP-22-004 seems to have crossed an old mining excavation from 1.1 to 3.1 m deep, filled with broken rock, mud, and some wooden fragments.

Due to poor recovery before and after, just 1.3 meters (m) from 4.2 to 5.5 m depth was sampled, yielding 846.0 g/t silver. Drilling in this region of the property has intersected extended sections of brecciated and altered rock. The current drilling program is intended to improve understanding of the orientation and spread of the breccia zone so that more focused drilling can be carried out in the future.

The San Pedro project encompasses a broad area of acid sulfate alteration, including previously known vuggy silica zones. Recent Terraspec research shows sericitization on top of propylitic alteration in the mineralized zones, with acid sulfate alteration happening at the project’s northern end.

Outcrop samples and prior soil sampling surveys have yielded elevated base metals and silver. Prior RC drilling by earlier operators, including Cominco, yielded anomalous gold, silver, and base metals. Almadex has now successfully completed holes in this Phase 2 program, including the one disclosed here, in addition to the two done in 2021.


Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.