Eastern Mexico Cluster

A Special Area of Focus

In 1994 Almadex’s predecessor, Almaden Minerals, recognized Eastern Mexico as an unexplored terrain with exceptional mineral potential. The area exhibits a similar geology to gold-rich Eastern Nevada and hosts several exceptional deposits including the Pachuca Mine.

For two decades, Almaden’s extensive exploration programs within Eastern Mexico have built an unrivalled geological database of the area. By compiling and analysing historical prospects, geological and geophysical data, and Aster satellite imagery, Almaden identified many new targets from the USA border to Guatemala, which have been visited and evaluated with helicopter-supported prospecting and fieldwork.

From this grassroots exploration, Almaden’s discoveries in Eastern Mexico include the Ixtaca Gold-Silver Deposit, the Caballo Blanco Gold Deposit, and El Cobre Gold-Copper Project.

Almadex maintains a portfolio of Eastern Mexican projects at various stages of development. These 100% owned projects range from alteration zones that require target definition through drill ready projects with well-defined targets.

Listed below are brief descriptions of projects within the area. Also, please visit our Mexican Portfolio + for information on Almadex’s exploration across Mexico.

El Chato

Gold / Silver | Puebla State, Mexico

El Chato is a 100% Almadex-owned project acquired by staking. The claim covers an area of acid-sulphate alteration developed in volcanic rocks including zones of massive silica, quartz-alunite and kaolinite. The alteration is interpreted to represent the upper parts of a high sulphidation system with potential for gold, silver and copper mineralization. Past work includes mapping, rock, soil and stream sediment sampling, geophysics and limited drilling.

Nueva Espana

Gold / Silver | Puebla State, Mexico

Nueva Espana is 100% Almadex-owned and acquired by staking. The property covers an area of clay alteration silicification and veining developed in volcanic and carbonate rocks. The alteration is interpreted to represent a low-sulphidation vein system. There are numerous historic pits and shallow workings. Past work includes mapping, rock, soil and stream sediment sampling, geophysics.

San Carlos

Gold / Copper | Tamaulipas State, Mexico

The 100% Almadex owned San Carlos Project is comprised of one claim covering ~20 hectares. The claim is located in Tamaulipas State and is road accessible, about three hours south of Monterrey City.

Surface sampling, geophysics and drilling has defined a large intrusion hosted copper-gold porphyry system associated with peripheral base and precious metal skarn mineralisation developed in carbonate country rocks to the intrusive complex.

Updates & News:

2012 Exploration update: Almaden continued its regional exploration programs in Eastern Mexico and is acquiring claims in areas where mineralisation was identified. Also in 2012, the Company completed exploration surface mapping, sampling and geophysical work programs on the Yago, San Pedro, Mezquites and El Chato projects in Mexico. Read more +

2011 Exploration update: Almaden conducted a regional prospecting program in Eastern Mexico focused on the discovery of targets similar to the company’s Ixtaca Gold-Silver Deposit at its wholly owned Tuligtic project in Puebla State. Almaden also advanced projects in the company's large property portfolio, including El Cobre, Lajas, Terrerillos, and Yago. Read more +