Further to its press release of March 9, 2020, Almaden Minerals Ltd. is pleased to announce that the irrigation dam developed by the Company in partnership with the Federal Government water authority and a local irrigation group from the community of Zacatepec, is now in operation. Since the completion of construction in March, the reservoir has filled with water, additional equipment including pipelines and filters have [...]
Almaden Minerals Ltd. wishes to address certain questions that have arisen in respect of its press release of December 1, 2020 regarding its Ixtaca gold & silver project in Mexico. Almaden’s key 100% owned mineral concessions, that cover the Ixtaca project, and which are the subject of the Feasibility Study announced in 2018, are not adversely affected by the denial of Almaden’s appeal noted in the December 1, 2020 news [...]
Almaden Minerals Ltd. announces that, further to its press release of February 27, 2020, on November 26, 2020, a Mexican court rejected the appeal filed by the Company in October 2019 objecting to the reinstatement by the Mexican mining authorities of approximately 7,000 Ha of mineral claims surrounding the Ixtaca Project, which the Company had previously dropped. This court decision upheld the action of Mexican mining [...]
Almaden Minerals Ltd. is pleased to report the results of initial surface sampling of the veins discovered in the Southeast Alteration Zone of the Ixtaca Project. As announced on November 18th, the Company discovered several areas of veining cropping out within the SE Alteration Zone of the Ixtaca Project while mapping promising clay alteration in the area. Seventeen samples of the veining were collected and submitted for [...]
Almaden Minerals Ltd. is pleased to announce that several areas of possible high-level epithermal veining have been identified cropping out within the Southeast Alteration Zone of the Ixtaca Project. This area is a focus of the Company’s current exploration program as discussed in the Company’s news release of October 27th, 2020. The discovery of veining within several outcrops within the SE Alteration Zone is [...]
Almaden Minerals Ltd. is pleased to announce additional results of its ongoing review of exploration targets which lie outside the currently defined reserve envelope of the Ixtaca deposit . The Main Ixtaca Zone of the Ixtaca deposit is hosted by limestone where the veins form a wide zone of veining referred to as a vein swarm. This vein swarm in limestone has been the primary focus of the Company’s exploration [...]
FinancialNewsMedia.com News Commentary In uncertain economic times, investors tend to put their money in gold. So it's perhaps little surprise that gold prices started to rise at the beginning of the year as the coronavirus started spreading in China and Europe and investors feared a global economic downturn. Gold prices have soared so far this year and many analysts predict gold will top $2,000. Gold usually rises [...]
Almaden Minerals Ltd. is pleased to announce that a field geology exploration program is now underway in the Company’s property surrounding the area of the Ixtaca project. In the past the Company developed a geologic and exploration model for the Ixtaca deposit and region. The Ixtaca deposit occurs in both young volcanic rocks and underlying carbonate sedimentary rocks. The bulk of the known Ixtaca deposit [...]
Almaden Minerals Ltd. is pleased to report on its intention to resume exploration in the area of the Ixtaca project. Since discovery with the first drill hole, exploration work at Ixtaca has been almost entirely focused on the discovery area, and this work has led to the silver and gold reserve which underpins the feasibility study , results of which were announced in December, 20181. The highlights of the FS, using base [...]
Almaden Minerals Ltd. is pleased to report that the second district court in Puebla has issued a decision in respect of the “incident” filed by Almaden's Mexican subsidiary on February 4 of this year. As reported previously by the Company , Almaden's subsidiary filed this "incident" to challenge an October, 2019 decision by Mexico’s environmental authority to suspend its review of the Ixtaca project’s environmental permit [...]
Almaden Minerals Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement with the issuance of 3,100,000 units at $0.65 per Unit . Each Unit consisted of one common share of the Company and one non-transferable Common Share purchase warrant . Each Warrant allows the holder to purchase one Common Share at a price of $0.90 until August 6, 2023. The Offering was made by way of a [...]
Almaden Minerals Ltd. is pleased to announce a proposed non-brokered private placement financing of 3,100,000 units, at a price of $0.65 per Unit. Each Unit will consist of one common share of the Company and one non-transferable common share purchase warrant, each whole share purchase warrant entitling the holder to purchase one common share of the Company at a price of $0.90 per share for 3 years following the closing [...]
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