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Almaden Infill Hole Hits 28.95 m of 5.61 g/t Gold and 19.7 g/t Silver Beneath PFS Pit
VANCOUVER, British Columbia, Feb. 21, 2018 (GLOBE NEWSWIRE) -- Almaden Minerals Ltd. (“Almaden” or “the Company”) (TSX:AMM) (NYSE American:AAU) is pleased to an
About this update from Almaden Minerals Ltd.
[{"type":"text","content":" VANCOUVER, British Columbia, Feb. 21, 2018 (GLOBE NEWSWIRE) -- Almaden Minerals Ltd. (“Almaden” or “the Company”) (TSX:AMM) (NYSE American:AAU) is pleased to announce new assay results from Almaden’s ongoing exploration and development program at the Company’s Tuligtic project, Mexico. Today’s results are from holes TU-17-532 (infill), and GMET-17-13 and 14 (metallurgical holes) all drilled into the northeast striking Chemalaco Zone on the east side of the Ixtaca deposit and the Pre-Feasibility Study (“PFS”) pit. Holes TU-17-532 and GMET-17-14 were drilled beneath the PFS pit. These latest results confirm a high-grade zone of mineralisation immediately outside and beneath the PFS pit and the potential for expansion of the PFS mine plan. Highlights include the following intercepts: Hole TU-17-532 SECTION 50025 NORTH Az. 070, Dip -80 (BENEATH PFS PIT) 101.45 meters @ 1.94 g/t Au and 12.7 g/t Ag Including 46.20 meters @ 3.87 g/t Au and 15.1 g/t Ag And 28.95 meters @ 5.61 g/t Au and 19.7 g/t Ag And 13.10 meters @ 9.35 g/t Au and 25.5 g/t Ag Hole GMET-17-13 SECTION 49950 NORTH Az. 070, Dip -35 (WITHIN PFS PIT) 53.90 meters @ 0.48 g/t Au and 37.8 g/t Ag Including 7.00 meters @ 1.11 g/t Au and 95.3 g/t Ag Hole GMET-17-14 SECTION 49950 NORTH Az. 070, Dip -60 (WITHIN AND BENEATH PFS PIT) 24.00 meters @ 1.90 g/t Au and 16.3 g/t Ag Including 12.00m @ 3.66 g/t Au and 26.6 g/t Ag And 5.00 m @ 7.91 g/t Au and 33.8 g/t Ag 57.55 meters @ 1.29 g/t Au and 23.5 g/t Ag Including 3.00 meters @ 16.87 g/t Au and 37.7 g/t Ag J.D. Poliquin, chairman of Almaden stated, “We are very encouraged to be further defining the mineralised zone beneath the PFS pit. It demonstrates the potential for the Ixtaca mine plan to grow. Ongoing drilling will continue to seek more such zones even as the engineering work and feasibility study progress.” About the Ixtaca Deposit Feasibility ProgramThe Company has selected independent engineers Moose Mountain Technical Services (“MMTS”) to lead the feasibility study. Various feasibility-related programs are currently underway, including: Feasibility-level engineering design; Additional geotechnical evaluations in areas of infrastructure and pit slope; Continued monitoring of water quality and flow; Metallurgical test work to further refine the process ...