Almaden Minerals announced the results from Almaden's ongoing 2014 Ixtaca Zone drill program at the company's 100% owned Tuligtic project, Mexico. Recently the company released a positive PEA on the Ixtaca deposit. The mineral resources incorporated into the PEA mine plan were comprised of 29% Measured, 55% Indicated and 16% Inferred. The results reported today are from drilling carried out subsequent to the 2014 resource update and PEA and designed to upgrade resources remaining in the inferred category to the higher confidence measured and indicated categories. Infill drilling is now complete and the company's 2014 drilling is currently focussed on exploring the large and highly prospective Tuligtic concession for gold-silver deposits.
- Basic Materials Industry