Almaden Minerals' Properties
 

Campanario, Oxaca State


overview

The Meister zinc-lead-silver property is located 90 kilometers west of Watson Lake, Yukon Territory and 14 kilometers northwest of Kilometer 1110 on the Alaska Highway. A four-wheel drive road originating from the Alaska Highway provides access to the property. The entire claim group is underlain by a folded, faulted and metamorphosed sequence of Lower Cambrian or earlier sedimentary rocks. Mineralization consisting of mainly zinc-silver-lead bearing oxides appears to be related to replacement and/or fault zones at or near the phyllite-carbonate interface.

In May 1986, a total of 2413.14 meters of NQ wireline diamond drilling in 22 holes was completed in the West and South Zones. In the West Zone an oxidized mineral body, exposed over a strike length of 1000 meters was intersected at depth in seven of the eight holes drilled. A 29.0 meter section of oxide material from DDH 86-MR-8 assayed 3.79% zinc and 1.22 oz/ton silver and within this interval a 14.0 meter section assayed 4.57% zinc, 0.94% lead and 2.01 oz/ton silver.

In the South Zone based on the 1986 program the best results were returned from a partially oxidized graphitic phyllite unit where a 12.0 meter intercept assayed 2.56% lead, 2.06% zinc and 0.05 oz/ton silver. A 5.0 meter section within this interval assayed 5.02% lead, 4.11% zinc and 0.10 oz/ton silver.

Following the 1986 program, additional diamond drilling was recommended for the West Zone to test for sulphide mineralization at depth. This work was never done but further work will be considered when zinc prices improve.

 

Property location
News Releases
May 10th, 2007:
Almaden deals Yukon zinc-silver properties

 

 

 

 

Almaden Minerals