last updated: February 11th, 2002

Almaden has acquired an option on this property which hosts an epithermal vein system with the potential to develop a significant tonnage of bonanza-grade gold-silver mineralisation. The property has seen very little exploration to date and lies at an elevation of 1200 to 1500m, 11 km from a paved highway.

Recent sampling by a major mining company reported 2,560 grams per tonne (gpt) silver (82.3 oz/ton) and 21.4 gold (0.69oz/ton) over 2 m, within a 21 m sample across 3.5 m and 983 gpt silver and 0.45 gold. Other parts of the vein are largely covered with overburden.

Almaden is seeking joint-venture partners for this exciting silver-gold property.