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Almadex Minerals Drills 187.25 Metres of 1.47 g/t Gold Equivalent at Norte Zone
Almadex Hits 187.25 M of 1.02 G/T Gold and 0.33% Copper (1.47 AuEq, 1.07% CuEq) Within 435.65 M of 0.72 G/T Gold and 0.29% Copper (1.12 AuEq, 0.81% CuEq) at the
About this update from Mustang Minerals Limited
[{"type":"text","content":"Almadex Hits 187.25 M of 1.02 G/T Gold and 0.33% Copper (1.47 AuEq, 1.07% CuEq) Within 435.65 M of 0.72 G/T Gold and 0.29% Copper (1.12 AuEq, 0.81% CuEq) at the Norte Zone, Mexico VANCOUVER, BC--(Marketwired - October 04, 2017) - Almadex Minerals Limited (\"Almadex\" or the \"Company\") (TSX VENTURE: AMZ) (OTCQX: AXDDF) is pleased to announce it has received assay results from hole EC-17-034 of the 2017 Norte drilling program. EC-17-034 was drilled to test for the continuity of mineralisation within the area of defined mineralisation and to the northwest, between previous holes EC-17-030 and EC-16-016, and helps define and confirm mineralisation in this area. Highlights include the following intercepts all of which are also shown on the attached plan and section: Hole EC-17-034 NORTE ZONE, 315 Az, -60 dip From 107.60 to 589.25, 481.65 meters @ 0.67 g/t gold and 0.27% copper (1.04 g/t AuEq; 0.76% CuEq) Including 107.60 to 543.25, 435.65 meters @ 0.72 g/t gold and 0.29% copper (1.12 g/t AuEq; 0.81% CuEq) And 354.00 to 541.25, 187.25 meters @ 1.02 g/t gold and 0.33% copper (1.47 g/t AuEq; 1.07% CuEq) 1 Gold equivalent (\"AuEq\") and copper equivalent (\"CuEq\") values are calculated assuming 100% recoveries and prices of US$1,250/oz gold and US$2.50/lb copper. Figure 1. El Cobre Project Exploration Targets Figure 2. Norte Target Drill Plan Map Figure 3. Section EC-17-034, Looking 225 degrees J. Duane Poliquin, Chairman of Almadex commented, \"This hole demonstrates further continuity in this part of the Norte mineralised envelope. The Norte Zone is one of several porphyry targets on the property which we plan to aggressively explore and, in the case of Norte, drill in detail with the goal of defining a resource.\" About the El Cobre Project The El Cobre Project has a total area of 7,456 hectares and is located adjacent to the Gulf of Mexico, about 75 kilometers northwest of the major port city of Veracruz, Mexico and has uniquely excellent infrastructure. The project area is situated 200 meters above sea level with extensive road access and is located less than 10 kilometers from a power plant, highway, gas line and other major infrastructure. Major power lines cross the property area. Almadex has its full drill permits from SEMARNAT and has land access agreements in place. The land ownership is pr...