PROJECT OVERVIEW:
Almaden hits 106.00 meters of 0.36 g/t Gold and 0.23 % Copper on El Cobre
Read more in May 7th, 2013 news release +
Almaden's 100% owned El Cobre is a copper-gold porphyry target on the east coast of Mexico, 75 kilometers northwest of Veracruz city. The project is road accessible and is located in an area of unparalleled infrastructure, near to a power plant, highways and rail systems.
The 7,500 hectare claim block covers copper-gold porphyry mineralization known to exist over a strike length of at least four kilometers.
The area has been tested by geochemical analysis (rock, soil, & stream), induced polarization (IP) geophysical surveys, magnetics, and drilling, which has indentified several exciting targets. [read more on El Cobre drilling] In addition, geophysical testing over the entire area has shown that the high chargeability roughly corresponds with targets. The highest chargeability occurs at depth, which suggests deeper drill holes should intersect higher anomalous values.
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"We are very excited to be drilling at El Cobre, a world-class gold-rich porphyry exploration target. El Cobre is one of the most important assets in our portfolio and we want to advance this project aggressively."
J. Duane Poliquin, Chairman of Almaden |
Map above shows the entire claim (blue outline) with work completed including IP lines, soil geochemistry (ranges by copper), and magnetics. Map below highlights areas of high magnetic response along with gold and copper soil anomalies. Please click maps for larger view.
For information on drilling results, please visit El Cobre's Drill Overivew. |
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