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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: LoneClone6/10/2006 9:51:14 PM
   of 78419
 
Anyone looked at this one?

Almaden Minerals acquires Viky project in Mexico

2006-05-26 16:01 ET - News Release

Mr. Morgan Poliquin reports

ALMADEN MINERALS LTD.: NEW MEXICAN SILVER-LEAD-ZINC PROJECT ACQUIRED

Almaden Minerals Ltd. has acquired an undivided 100-per-cent interest in a new silver-lead-zinc prospect in Coahuila state, central Mexico. This property (named by Almaden the Viky prospect) was discovered in 2005, during Almaden's regional exploration program in central Mexico. The property was acquired through staking, although an undivided 100-per-cent interest in three small claims located in the vicinity has subsequently been purchased. The Viky prospect covers an area of replacement silicification which has developed in folded and deformed thinly bedded limestone. The property is considered prospective for silver-rich zones within quartz replacement zones and quartz veining, as well as silver-lead-zinc sulphide-rich replacement bodies. Eight samples taken by Almaden of silicified limestone returned silver values as high as 247 grams per tonne and averaging 102 grams per tonne, lead values as high as 12.9 per cent and averaging 4.3 per cent, zinc values as high as 0.16 per cent and averaging 0.04 per cent, and significant copper and other indicator metals typical of a silver-rich, sulphide-replacement-style geologic environment.
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