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Almaden Minerals Ltd.
Summary
| Project: | Tuligtic | |
|---|---|---|
| Deposit: | Tuligtic | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 12/20/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 20-12-2017: Almaden Minerals Ltd. announces an Exploration/Drilling Update report for its Tuligtic deposit at the Tuligtic project. Drilling results incl. 16.40m @ 2.25g/t Au, 25.3g/t Ag. Almaden Minerals Ltd. (“Almaden” or “the Company”; TSX: AMM; NYSE A | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Norm Dircks (Internal) | |
| ABSTRACT: | Almaden Minerals Ltd. (“Almaden” or “the Company”; TSX: AMM; NYSE American: AAU) is pleased to announce new assay results from Almaden’s ongoing exploration and development program at the Company’s Tuligtic project, Mexico. Today’s results are from holes TU-17-508, 517, 521, 522, 524, 525, 526 and 528 which were drilled to follow-up hole TU-17-504 (announced August 23, 2017) that intersected new and significant mineralisation in an upper portion of the Pre-Feasibility Study (“PFS”) pit which was modelled as waste material in the Company’s PFS. These latest results confirm the discovery of a new zone of mineralisation in the volcanic and limestone lithologies. J.D. Poliquin, chairman of Almaden stated, “We are very encouraged to be outlining this new mineralized zone in an area modelled as waste for stripping within our PFS pit, and look forward to the inclusion of this new zone in future mine plans. Ongoing drilling will continue to seek more such zones even as the engineering work and feasibility study progress.” | |
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