The company drilled the following holes TU-12-170, 174, 178, and 180 in the northeast expansion zone and these holes indicate a 100 m step out from the formerly drilled section, 50+000N. The reported intersections show this zone continuity and the existence of high grades.
Almaden encountered 0.30 g/t gold and 11.8 g/t silver over 36.20 m and 0.21 g/t gold and 70.3 g/t silver over 12.50 m in hole TU-12-170; 9.26 g/t gold and 96.4 g/t silver over 2.50 m, 0.16 g/t gold and 91.4 g/t silver over 6.90 m, 1.70 g/t gold and 44.5 g/t silver over 25.80 m and 1.10 g/t gold and 33.2 g/t silver over 99.80 m in hole TU-12-174; 1.01 g/t gold and 10.8 g/t silver over 23.80 m and 0.54 g/t gold and 9.0 g/t silver over 54.50 m in hole TU-12-178; 2.16 g/t gold and 31.5 g/t silver over 10.00 m and 0.64 g/t gold and 16.5 g/t silver over 76.00 m in hole TU-12-180.
According to Almadens Chairman, J.D. Poliquin, the freshly outlined northeast extension zone is oriented towards the key Ixtaca trend at right angles. These step-out holes results validate this zones capacity for significantly adding to the Txtaca resource.
Currently, four drill rigs are operating at the Tuligtic project. The company is planning to continue drill program all over this year.