Business
Almadex Intersects Enriched Copper at Raya Tembrillo (Villa Rica) Cuts 94.00 M of 1.36% Copper and 0.07 G/T Gold Including 43.00 M of 2.45% Copper and 0.09 G/T Gold
VANCOUVER, BC--(Marketwired - December 13, 2017) - Almadex Minerals Limited ("Almadex" or the "Company") (TSX VENTURE: AMZ) (OTCQX: AXDDF) is pleased to announc
About this update from Mustang Minerals Limited
[{"type":"text","content":"VANCOUVER, BC--(Marketwired - December 13, 2017) - Almadex Minerals Limited (\"Almadex\" or the \"Company\") (TSX VENTURE: AMZ) (OTCQX: AXDDF) is pleased to announce it has received assay results from holes EC-17-036 and 041 from the Raya Tembrillo area which is the very northern part of the large Villa Rica Zone of the El Cobre property. This area is located approximately two kilometers south of the Norte Zone where since 2016 most of our drilling on the El Cobre property has been focussed. The holes reported today were drilled from the same pad as holes EC-17-037, 038 and 039 but at different azimuth and dips. Both holes intersected a chalcocite dominant enriched copper zone right from surface as well as hypogene mineralisation at depth. At this time the extent and orientation of both the hypogene and enriched mineralisation are not understood. Further drilling in the area is currently underway. Highlights include the following intercepts all of which are also shown on the attached plan and section: Hole EC-17-036 VILLA RICA ZONE, 330 Az, -75 dip From 53.00 to 153.00, 100.00 m @ 0.15 g/t gold and 0.67% copper ENRICHED ZONE Including 53.00 to 101.00, 48.00 meters @ 0.29 g/t gold and 1.23% copper ENRICHED ZONE From 263.60 to 469.00, 205.40 meters @ 0.18 g/t gold and 0.20% copper HYPOGENE PORPHYRY Including 359.00 to 441.00, 82.00 meters @ 0.20 g/t gold and 0.28% copper HYPOGENE PORPHYRY Hole EC-17-041 VILLA RICA ZONE, 270 Az, -50 dip From 36.00 to 56.00, 20.00 meters @ 0.34 g/t gold and 0.04% copper GOLD ZONE From 64.00 to 158.00, 94.00 meters @ 0.07 g/t gold and 1.36% copper ENRICHED ZONE Including 71.00 to 114.00, 43.00 meters @ 0.09 g/t gold and 2.45% copper ENRICHED ZONE From 158.00 to 216.00, 58.00 meters @ 0.18 g/t gold and 0.22% copper HYPOGENE PORPHYRY J. Duane Poliquin, Chairman of Almadex commented, \"We are very pleased to report additional assays from the very northern part of the large Villa Rica geophysical and geochemical target. We believe that these results further indicate large scale porphyry potential in this part of the project. While we have demonstrated the potential for a significant deposit with our Norte drilling, today's results a...