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 Mexican Federal Government Issues Decree to Temporarily Suspend All Non-Essential
Businesses, Including Mining and Exploration, Until April 30, 2020 Due to COVID-19
Almaden Closes Non-Brokered Private Placement and Files Form 20-F Documentation
Almaden Announces re-pricing of proposed non-brokered private placement
March 2020: Almaden announces a partnership with a local community group focused on irrigation development and the Federal Government water authority to co-fund a new water reservoir in Zacatepec. Watch the video here +