Almaden Minerals Ltd reports drilling results from GOZ Project

Tuesday, Dec 09, 2020

Almaden Minerals Ltd which explores forAmineral properties in Canada and Mexico, said on 28 November that Tarsis Capital Corp (CDNX:TCC.V) has declared the results of a successful drill programme at its GOZ project in the southern Yukon.

Almaden holds approximately 33.2% of Tarsis Capital Corp and a 2% NSR royalty interest in the GOZ project.

Tarsis Capital Corp reported 27.91 metres grading 17.19% zinc and 39.67 grams silver per tonne and 27.50 metres grading 12.83% zinc and 10.91 grams silver per tonne from the GOZ project.

Other strongly mineralized intervals included: 37.67 metres grading 6.98% zinc, including 21.10 metres grading 10.32% zinc; 24.59 metres grading 5.73% zinc, including 17.49 metres grading 6.67% zinc; and 25.31 metres grading 7.00% zinc, including 2.96 metres grading 20.21% zinc and 17.35 grams silver per tonne. A The best grades were recorded from hole GZ-08-58, which yielded a weighted average of 118.33 grams germanium per tonne and 19.06 grams gallium per tonne across 3.51 metres. A According to Almaden the mineralization at Goz Creek is classified as Mississippi Valley Type (MVT) and is dominated by low iron sphalerite occurring in stratabound and discordant zones developed within a locally extensive dolostone unit.