Drilling Resumes At The Ixtaca Zone

 

VANCOUVER, BC - Almaden Minerals Ltd. reported that drilling has recommenced at its 100% owned Tuligtic Project in Mexico. In January 2013 Almaden announced the maiden resource on the Ixtaca Zone of the Tuligtic Project which at a 0.5 g/t AuEq cutoff included Indicated Resources of 2,019,000 AuEq ounces and Inferred Resources of 1,552,000 AuEq ounces. The 2013 drilling program will focus on expanding the resource as well as testing other areas on the 14,000 hectare project considered by management to be highly prospective.

J.D. Poliquin, Chairman, said, "Our focus in 2013 is expanding upon the maiden resource as well as exploring for additional Ixtaca Zones. We have been successful in expanding upon the initial discovery and believe that there is much yet to find under cover on the Tuligtic project. Since the discovery in 2010 of the Main Ixtaca Zone we have found the parallel Ixtaca North Zone, the perpendicular Northeast Extension (Chemalaco) Zone and widespread mineralisation in the volcanic units. All of these zones remain open and drilling targeted to expand the resource has commenced."