Posted in | News | Gold | Silver

Almaden Minerals Announces Two Drill Exploration and Definition Program at Ixtaca Gold-Silver Project

Almaden Minerals Ltd. (TSX:AMM)(NYSE Amex:AAU) has announced that a two drill exploration and definition program is now underway at the Company's wholly owned Ixtaca gold-silver project located in Puebla State, Mexico.

"Our goal for 2011 at Almaden is to outline the potential of the Ixtaca Zone through a minimum $C2MM drill program," says Morgan Poliquin, Almaden President and CEO. "Drilling in 2011 is designed to explore the size potential of the Ixtaca zone, discovered by the Company in 2010. Drilling is also planned on other targets on the property that have the potential for vein mineralisation similar to that of the Ixtaca Zone."

The Company plans to build on the exploration success of last year, during which the Ixtaca drilling discovery was made. Since the discovery hole announced in August 2010, the Company completed a total of 14 holes in 2010, all of which intersected mineralisation. The Ixtaca gold-silver epithermal vein system has now been traced over 300 meters along strike. Highlights of the drilling to date include high grade intersections of 4.10 m of 26 g/t Au, 936 g/t Ag (hole TU-10-1), 3.17 m of 10.5 g/t Au, 586 g/t Ag (hole TU-10-12) and 1.77 m of 49 g/t Au, 1392 g/t Ag (hole TU-10-11) as well as broad intersections such as 136.92 m of 1.5 g/t Au, 36 g/t Ag (hole TU-10-10), 45.01 m of 2.4 g/t Au, 157 g/t Ag (hole TU-10-12), 203.65 m of 1.0 g/t Au, 44 g/t Ag (Hole TU-10-11) and 126.22 m of 0.9 g/t Au, 62 g/t Ag (Hole TU-10-6). True widths cannot be calculated with confidence at this time. The Company will advance this 100% owned project with the drilling program announced today which will be expanded as necessary. This program will be funded and managed by the Company.

Source:

Almaden Minerals Ltd.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Almaden Minerals Ltd.. (2019, February 18). Almaden Minerals Announces Two Drill Exploration and Definition Program at Ixtaca Gold-Silver Project. AZoMining. Retrieved on December 09, 2024 from https://www.azomining.com/News.aspx?newsID=3029.

  • MLA

    Almaden Minerals Ltd.. "Almaden Minerals Announces Two Drill Exploration and Definition Program at Ixtaca Gold-Silver Project". AZoMining. 09 December 2024. <https://www.azomining.com/News.aspx?newsID=3029>.

  • Chicago

    Almaden Minerals Ltd.. "Almaden Minerals Announces Two Drill Exploration and Definition Program at Ixtaca Gold-Silver Project". AZoMining. https://www.azomining.com/News.aspx?newsID=3029. (accessed December 09, 2024).

  • Harvard

    Almaden Minerals Ltd.. 2019. Almaden Minerals Announces Two Drill Exploration and Definition Program at Ixtaca Gold-Silver Project. AZoMining, viewed 09 December 2024, https://www.azomining.com/News.aspx?newsID=3029.

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
Submit

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.