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Almadex Minerals Ltd.
Summary
| Project: | El Cobre | |
|---|---|---|
| Deposit: | Norte | |
| Location: | Mexico | |
| Commodities: | Gold-Copper | |
| Date: | 8/15/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-8-2017: Almadex Minerals Ltd. announces an Exploration/Drilling Update report for its Norte deposit at the El Cobre project. Drilling results incl. 534.9m @ 0.9g/t Au, 0.30% Cu from 118.6m. VANCOUVER, B.C. Almadex Minerals Limited ("Almadex" or the "Co | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Larry Segerstrom (Internal) | |
| ABSTRACT: | VANCOUVER, B.C. Almadex Minerals Limited ("Almadex" or the "Company") (TSX-V: AMZ; OTCQX: AXDDF) is pleased to announce it has received assay results from hole EC-17-029 of the 2017 Norte drilling program. EC-17- 029 was drilled to target and expand the high grade mineralisation and intersected high grade mineralization and multiple zones of intense stockwork veining and potassic alteration accompanied by significant copper and gold grades. Highlights include the following intercepts all of which are also shown on the attached plan and section: J. Duane Poliquin, Chairman of Almadex commented, “Since the Norte Zone discovery we have been carrying out a systematic drill campaign to define this target. To date the program has been based on large step-outs which have yet to define the limits of mineralisation. Future Norte drilling will also focus on defining the high grade zone that is emerging from the drilling results. Continuous mineralization in hole 29 starting close to surface and continuing for over half a kilometer shows the Norte Zone is developing significant tonnage as well as good grades. Elsewhere on the project first pass Encinal Zone drilling is complete and while we await assays from this work a drill is now being moved to the newly discovered Raya Tembrillo target within the large Villa Rica zone for the very first drill hole there.” | |
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