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VIKY PROSPECT

Pb
0.93
USD/lb
1.93
green
http://www.infomine.com/investment/metal-prices/lead/
Data as of May 21, 2013 12:00AM UTC
Ag
22.44
USD/oz
-0.09
red
http://www.infomine.com/investment/metal-prices/silver/
Data as of May 23, 2013 08:27AM UTC
Zn
0.83
USD/lb
1.48
green
http://www.infomine.com/investment/metal-prices/zinc/
Data as of May 21, 2013 12:00AM UTC


Key Facts
Status: Exploration
Type of Work: Surface
Location: Coahuila, Mexico
                 

Commodities: Lead, Silver, Zinc
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Latest Information
February 22, 2007
Almaden Minerals Ltd., is pleased to announce that it has optioned its wholly owned Viky silver-lead-zinc project in Mexico to Apex Silver. Apex Silver can earn a 60% interest from Almaden by spending US$250,000 in the first year and make an initial payment of US$100,000 to Almaden. J. Duane Poliquin, CEO of Almaden commented that "Almaden is excited to be partnered with Apex Silver, a proven mine-building company. The 11,000 hectares Viky project was discovered in 2005 during Almaden's regional exploration program in Central Mexico and 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.
September 22, 2006
Recently completed a program of soil sampling and induced polarization (“IP”) geophysics. Results from the new program will be released once they have been compiled.
May 26, 2006
Work program consisting of soil geochemistry, induced polarisation (“IP”) geophysics, prospecting and geologic mapping is currently underway to better the mineralized system. Eight samples taken of silicified limestone returned silver values as high as 247 g/t and averaging 102 g/t, lead values as high as 12.9% and averaging 4.3%, zinc values as high as 0.16% and averaging 0.04% and significant copper and other indicator metals typical of a silver-rich sulphide replacement style geologic environment.
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