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Almadex Minerals Ltd.
Summary
| Project: | El Cobre | |
|---|---|---|
| Deposit: | Encinal | |
| Location: | Mexico | |
| Commodities: | Gold-Copper | |
| Date: | 6/29/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 29-6-2017: Almadex Minerals Ltd. announces an Exploration/Drilling Update report for its Encinal deposit at the El Cobre project. Drilling results incl. 296.71m @ 0.32g/t Au, 0.13% Cu from 3.65m. VANCOUVER, B.C. Almadex Minerals Limited ("Almadex" or the | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Larry Segerstrom (Internal) | |
| ABSTRACT: | VANCOUVER, B.C. Almadex Minerals Limited ("Almadex" or the "Company") (TSX-V: AMZ; OTCQB: AXDDF) is pleased to announce it has received assay results from the top of hole EC-17-025, which was collared into newly recognised area of exposed stockwork quartz veining and gold mineralisation in the Encinal Zone of the project. The Encinal Zone is located roughly 3.5 kilometres to the south-southeast of the Norte Zone drilling and 2.5 kilometers southeast of the recently identified Raya Tembrillo Zone of stockwork veining. To date assays have been received to a depth 300.36 meters with assays pending for the remainder of the hole. Significant mineralisation was intersected from the collar. Highlights from the assays received to date include the following intercepts which are also shown on the attached plan and section: J. Duane Poliquin, Chairman of Almadex commented, “While we are carrying out a systematic drill campaign to follow-up results in the Norte zone, there are other significant porphyry occurrences on the project that require drill testing most notably the newly identified Raya Tembrillo target. The hole reported today is from the Encinal zone where past drilling intercepted alteration and mineralisation peripheral to a porphyry system. Hole EC-17-025 has intercepted significant mineralisation that is proximal to a porphyry core. We look forward to reporting further results in the coming weeks and months as the programs progress.” | |
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