Almaden Minerals Ltd. is pleased to announce that it is conducting a surface induced polarisation geophysical program at the Ixtaca deposit, Mexico. The work is designed to help define drill targets beneath the area of hydrothermal alteration called the Southeast Alteration zone and at depth beneath the Ixtaca deposit . It is hoped that this geophysical survey, along with past survey results, will identify potential zones [...]
Almaden Minerals Ltd. announces that the Collegiate Court of Mexico has issued a decision that it does not have the necessary authority to rule on the appeals filed by the Mexican Congress, Senate, Secretary of Economy and mining authorities, as well as Almaden as an interested party, and has instead referred the case directly to the Supreme Court of Justice of Mexico . The Company anticipates a decision from the SCJN on [...]
Almaden Minerals Ltd. , is pleased to announce that it has appointed Kevin O'Kane and Alfredo Phillips as independent non-executive members of the Board of Directors, effective immediately. Kevin O'Kane is based in Vancouver and is a registered professional engineer with nearly 40 years of experience in the global mining industry. He has held executive positions with BHP in South America, including Project Director, Vice [...]
Almaden Minerals Ltd. announces that its Annual Report on Form 20-F for the fiscal year ended December 31, 2020 has been filed with the U.S. SEC. The Form 20-F and the Company's audited consolidated financial statements for the years ended Dec 31, 2020, 2019 and 2018 are available on the Company's website. Shareholders of the Company may also request a hard copy of the Company's audited financial statements and Form 20-F [...]
Almaden Minerals Ltd. , today announced it closed its previously announced registered direct offering. The Company sold 15,846,154 shares of its common stock and common stock warrants to purchase up to 7,923,077 shares of common stock at a combined purchase price of US$0.65 per share in a registered direct offering. The common stock warrants are immediately exercisable, have an exercise price of US$0.80 per share and will [...]
Almaden Minerals Ltd. , today announced that it has entered into definitive agreements with institutional investors for the purchase and sale of 15,846,154 shares of its common stock and common stock warrants to purchase up to 7,923,077 shares of common stock at a combined purchase price of US$0.65 per share for aggregate gross proceeds of US$10.3 million in a registered direct offering. The common stock warrants will be [...]
Almaden Minerals Ltd. is pleased to report that it has resumed exploration in the area of the Ixtaca project. Initial work is going to focus on identifying drill targets in the area of the Southeast Alteration Zone through further mapping and additional geophysics. As reported in the Fall of 2020, this area measures about 1.5 kilometre east-west by 1 km north-south, and is centred approximately 1 km southeast of the [...]
Almaden Minerals Ltd. is pleased to provide shareholders with an update regarding its intentions for advancing the Ixtaca project during 2021. As previously disclosed, Almaden was informed late last year that the Company's initial environmental impact assessment in respect of the Ixtaca project did not receive approval from the Mexican federal permitting authority, Secretar?a de Medio Ambiente y Recursos Naturales . Since [...]
Almaden Minerals Ltd. understands that certain media have reported that Mexico’s Supreme Court will soon make a ruling on the constitutionality of the Mexico’s mining code, stemming from a complaint brought in relation to the Company’s mineral claims in Ixtacamaxtitl?n, Puebla State, Mexico. The Company wishes to confirm that the case pertaining to its Ixtaca mineral claims is not being heard at the Supreme Court level [...]
Almaden Minerals Ltd. has received notification from the Mexican federal permitting authority, Secretar?a de Medio Ambiente y Recursos Naturales that the Company’s initial environmental permit application in respect of the Ixtaca project has not received approval. Almaden originally submitted the MIA in early 2019. SEMARNAT Decision Under relevant legislation, SEMARNAT is obliged to provide specific technical reasons why [...]
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 [...]
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