Almaden Minerals Ltd AMM:CA announced drill results from its Ixtaca Zone in Puebla State, Mexico. Assay highlights include 1.41 g/t gold and 130.4 g/t silver over 4.3 metres (including 2.09 g/t gold and 202.6 g/t silver over 2.7 metres), 0.86 g/t gold and 61.7 g/t silver over 126.2 metres (including 1.38 g/t gold and 92.3 g/t silver over 45.1 metres), 2.84 g/t gold and 160.2 g/t silver over 19.2 metres, 0.77 g/t gold and 61.2 g/t silver over 42.3 metres, and 6.83 g/t gold and 482.4 g/t silver over 1.2 metres.
President/CEO Morgan Poliquin tells ResourceClips.com, “The Ixtaca Zone is something we discovered and own 100%. These assay results are important because they demonstrate that this 100-metre step-out is starting to demonstrate some scale to the zones we discovered earlier this year.
“We’re technical people that are running this company, not promoters. So we’re pretty sensitive to technical matters. In addition to being the CEO, I myself found the property, and did the initial work on it. I’m also the project QP. We are therefore trying to prudently, cautiously and sensibly explore this as geological engineers.
“Certainly we’re pleased with the results—everyone has high expectations. But it’s early days on the project. Expectations are high when you drill a good hole like that, but we’re trying to do things prudently in terms of trying to figure out what we have.”
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Morgan J. Poliquin
by Ted Niles