IXTACA GOLD-SILVER DEPOSIT
DRILLING THE IXTACA ZONE
The Ixtaca Zone is largely covered with altered volcanic ash. However, some narrow veins with epithermal textures come to surface in a small outcrop. Preliminary soil sampling of the area returned up to 1.0 g/t gold and 110 g/t silver.
In 2010, a drill program was designed to test a small outcrop. Due to the limited surface exposure of the Ixtaca vein system, three holes were fanned out in a small area, each in a different direction. In August , Almaden reported assay results from first hole ever drilled in the Ixtaca zone: TU-10-01 intersected 302.42 metres of 1.01g/t gold and 48g/t silver and multiple high grade intervals including 1.67 metres of 60.7g/t gold and 2122g/t silver.
Following Discovery Hole TU-10-01, drilling has traced mineralization over one kilometer in a northeasterly orientation and has shown the Main Ixtaca Zone to be a broad and robust vein system intersected by multiple high grade veinlets in a variety of orientations. Drilling has also identified two additional zones: the Ixtaca North Zone and the Northeast Extension.
Almaden Announces Exploration Plans at the Ixtaca Property
Almaden Announces Court Decision in respect of Environmental Permit Application for the Ixtaca Precious Metals Project, Mexico
Almaden Closes Non-Brokered Private Placement