For thousands of other reports visit RSC's Mineral Intellingence Map
Almaden Minerals Ltd.
Summary
| Project: | Tuligtic | |
|---|---|---|
| Deposit: | Ixtaca | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 10/3/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Feasibility Study | |
| Project Stage: | Pursuing Environmental Approval | |
| Report details: | 3-10-2019: Almaden Minerals Ltd. announces a Feasibility Study report for its Ixtaca deposit at the Tuligtic project. FS results incl. post-tax NPV of US $310M (5%), IRR of 42%. This Technical Report on the Feasibility Study (“FS”) of the Ixtaca Gold-Silv | |
| Resources: | (Reserve, P+P): 73.1Mt @ 0.59g/t Au, 36.3g/t Ag for 1.387Moz Au, 85.1259Moz Ag contained | |
| CP/QP: | [Resources]: Gary Giroux (Giroux Consultants Ltd.) | |
| ABSTRACT: | This Technical Report on the Feasibility Study (“FS”) of the Ixtaca Gold-Silver Project (the “Project”) has been prepared for Almaden Minerals Ltd. (“Almaden” or “the Company”) by Moose Mountain Technical Services (“MMTS”) in conjunction with APEX Geoscience Ltd., Giroux Consultants Ltd, (“GCL”) and SRK Consulting (U.S.), Inc (“SRK”). The Ixtaca Project is 100% owned by Almaden, subject to a 2% NSR owned by Almadex Minerals Ltd. (“Almadex”), and encompasses the Ixtaca Zone Deposit (Ixtaca Gold-Silver Deposit) that includes the Ixtaca Main, North, and Chemalaco Zones of the Tuligtic Property. The Tuligtic Property (the “Property”) is held 100 percent (%) by Compania Minera Gorrión S.A. de C.V. (“Minera Gorrión”), a wholly owned subsidiary of Almaden Minerals Ltd. (together referred to as “Almaden”). The Property originally consisted of approximately 14,000 hectares, but during 2015 Almaden filed an application to reduce the aggregate claim size to those areas still considered prospective. The Tuligtic Property currently comprises seven mineral claims totalling 7,220 hectares (ha) located within Puebla State, 80 kilometres (km) north of Puebla City, and 130km east of Mexico City. Almadex Minerals Ltd. holds a 2% Net Smelter Return Royalty (NSR) on the Property. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report