Almaden finishes program to upgrade resources at Ixtaca, Mexico

By Deborah Bacal
Proactive Investors

mex7-7-160The infill drilling program, designed to upgrade the confidence of our resource base is now complete. We are now focused on exploring other areas within our high prospective 14,000 hectare concession, which holds the potential for additional entirely separate gold-silver discoveries.

‘”The infill drilling program, designed to upgrade the confidence of our resource base is now complete. We are now focused on exploring other areas within our high prospective 14,000 hectare concession, which holds the potential for additional entirely separate gold-silver discoveries.”

Almaden Minerals (TSE:AMM)(NYSE MKT:AAU) rallied 12% after unveiling drill results from the Ixtaca zone at its Tuligtic project in Mexico, completing the infill drilling program designed to upgrade resources.

Of the highlights, the company said it hit 62 metres of 0.96 grams per tonne (g/t) gold and 76.4 g/t silver, or 2.5 g/t gold equivalent..

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