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Almadex Minerals Drills 70.45 Meters of 2.32 G/T Gold and 0.59% Copper at Norte Zone, El Cobre Project
VANCOUVER, BC--(Marketwired - July 25, 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 - July 25, 2017) - Almadex Minerals Limited (\"Almadex\" or the \"Company\") (TSX VENTURE: AMZ) (OTCQB: AXDDF) is pleased to announce it has received assay results from hole EC-17-026 of the 2017 Norte drilling program. EC-17-026 was drilled to target and expand the high grade mineralisation and intersected multiple zones of intense stockwork veining and potassic alteration accompanied by significant copper and gold grades. Highlights from hole EC-17-026 include the following intercepts all of which are also shown on the attached plan and section: Hole EC-17-026 NORTE ZONE, 150 Az, -40 dip From 204.10 to 636.00, 431.90 meters @ 0.86 g/t gold and 0.27% copper (1.23 g/t AuEq; 0.90% CuEq) Including 282.75 to 405.95, 123.20 meters @ 0.82 g/t gold and 0.33% copper (1.27 g/t AuEq; 0.93% CuEq) And 365.50 to 405.95, 40.45 meters @ 1.38 g/t gold and 0.43% copper (1.97 g/t AuEq; 1.44% CuEq) And 375.50 to 396.50, 21.00 meters @ 1.91 g/t gold and 0.57% copper (2.69 g/t AuEq; 1.96% CuEq) And 444.80 to 491.00, 46.20 meters @ 1.04 g/t gold and 0.29% copper (1.44 g/t AuEq; 1.05% CuEq) And 539.45 to 609.90, 70.45 meters @ 2.32 g/t gold and 0.59% copper (3.13 g/t AuEq; 2.28% 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. J. Duane Poliquin, Chairman of Almadex commented, \"Since the Norte Zone discovery we have been carrying out a systematic drill campaign to define this target. While a broad lower grade zone envelopes the high grade mineralisation we have intercepted, it is clear that a discrete high gold copper porphyry system may be a target for our drill program which to date has been based on large step-outs. Future Norte drilling will focus on defining the high grade zone now emerging from the Norte drill program. Elsewhere on the project we continue to drill at the Encinal Zone and anticipate drilling on the newly discovered Raya Tembrillo zone when this first pass Encinal Zone drilling is complete. We look forward reporting further results in the coming weeks and months as the programs progress.\" Also reported today are results from Norte Zone holes EC-17-023 and EC-17-024. EC-17-023 was drilled away from the...