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Almadex Minerals Drills 227 meters of 0.57 g/t Gold and 0.25% Copper in Hole EC-17-020 at Norte Zone
VANCOUVER, BC--(Marketwired - May 24, 2017) - Almadex Minerals Limited ("Almadex" or the "Company") (TSX VENTURE: AMZ) (OTCQB: AXDDF) is pleased to announce it
About this update from Mustang Minerals Limited
[{"type":"text","content":"VANCOUVER, BC--(Marketwired - May 24, 2017) - Almadex Minerals Limited (\"Almadex\" or the \"Company\") (TSX VENTURE: AMZ) (OTCQB: AXDDF) is pleased to announce it has received assay results from holes EC-17-019 and EC-17-020 of the 2017 El Norte drilling program. EC-17-020 was drilled at an azimuth of 330 from a new pad, located about 400 meters to the southwest from pad EC-16-017. Hole EC-17-019 was drilled from the same pad as hole EC-16-017 but to the north into a new area and also at azimuth 330 degrees. Both holes were designed to be on the same section as the previously announced EC-16-017 in order to better define the geology in this area. Hole EC-17-019 terminated due to bad drilling conditions at 295.90 metres depth in intensely phyllic altered rock and had no significant intervals to report. Hole EC-17-020, like hole EC-16-017, intersected significant mineralisation from the collar. Hole EC-17-020 helps define the mineralised zone as a vertical body in this area with a width of around 300 meters. Highlights from hole EC-17-020 include the following intercepts which are also shown on the attached plan and section: Hole EC-17-020 NORTE ZONE, 330 Az, -40 dip From 140.00 to 185.00, 45.00 meters @ 0.65 g/t gold and 0.28% copper Including 147.50 to 170.00, 22.50 meters @ 0.90 g/t gold and 0.36% copper From 222.50 to 600.50, 378.00 meters @ 0.39 g/t gold and 0.17% copper Including 297.50 to 524.50, 227.00 meters @ 0.57 g/t gold and 0.25% copper And 301.90 to 376.70, 74.80 meters @ 0.65 g/t gold and 0.32% copper And 337.10 to 365.70, 28.60 meters @ 1.31 g/t gold and 0.57% copper And 396.50 to 492.50, 96.00 meters @ 0.76 g/t gold and 0.28% copper And 396.50 to 455.90, 59.40 meters @ 0.95 g/t gold and 0.33% copper J. Duane Poliquin, Chairman of Almadex commented, \"We are carrying out a systematic drill campaign to follow-up these results in the Norte zone. Elsewhere on the project we are conducting mapping and sampling preparatory to drilling other zones. This work already has defined previously unknown mineralization in the Villa Rica zone. We look forward reporting further results in the coming weeks and months as the programs progress.\" Work is currently underway to provide access at the newly discovered Raya Tembrillo ta...