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Windstorm Options Mexican Gold Project from Almaden Minerals
Windstorm Options Mexican Gold Project from Almaden Minerals
About this update from Western Star Resources, Inc.
[{"type":"text","content":"\nWindstorm Options Mexican Gold Project from Almaden Minerals\n\n\n Sep. 9, 2010 (TheNewswire.ca) -- Windstorm Resources Inc. (TSX-V: WSR, \"Windstorm\") is pleased to announce that it has entered into an option agreement with Almaden Minerals (AMEX:AAU) (TSX:AMM) Ltd. (TSX: AMM; AMEX: AAU - \"Almaden\") on Almaden`s Caldera gold project located in Puebla State, Mexico. The Caldera project is located 10 km from Almaden's new Ixtaca Zone discovery on its Tuligtic property, where the discovery drill hole intersected 302.41 meters averaging 1.01 g/t gold and 48 g/t silver, including 1.67 meters averaging 60.66 g/t gold and 2112 g/t silver1. The Caldera property also has similarities to Almaden's Caballo Blanco property, located 150 km to the east and under option to Goldgroup Mining Inc. (TSX:GGA) (OOTC:GGAZF) (\"Goldgroup\"). Goldgroup has announced a 43-101 compliant resource of 34.3 million tonnes averaging 0.60 g/t Au, containing 656,000 oz Au2.\"This agreement with Almaden marks an important milestone for Windstorm,\" stated Dr. David Terry, Director. \"The Caldera project's proximity to Almaden's significant new Ixtaca Zone discovery and geological similarities to Caballo Blanco significantly enhances the Company's discovery potential.\"The road accessible Caldera project was discovered by Almaden in 2007 and lies at the eastern end of the Trans Mexican Volcanic Belt. The property covers an 8km by 2km zone of intense acid sulphate alteration, including zones of massive to vuggy silica, quartz-alunite and kaolinite, that appears to represent the very top levels of a well-preserved high sulphidation epithermal precious metal system. Rock samples taken to date in areas of acid sulphate alteration have returned values ranging from below detection to 40 ppb gold with elevated arsenic and mercury values. Work to date by Almaden has included geological and alteration mapping, soil and rock sampling and an induced polarization geophysical survey. High priority target areas are characterized by a combination of intense alteration, anomalous precious metal and pathfinder element geochemistry and high resistivity. Drill permits are already in place. Windstorm plans to complete a comprehensive data review followed by a Phase I drilling program.Windstorm has the right to earn up to a 60% interest in the Caldera project by issuing 1,000,0...