Almaden Minerals Ord Shs T.AMM

Alternate Symbol(s): AAUAF

Metals & Mining Industrial Metals & Minerals

Almaden Minerals Ltd. is a Canada-based company, which is engaged in the business of exploring and developing mineral projects. The Company’s principal asset is the Ixtaca precious metals project located on its Tuligtic claim in Mexico. The Ixtaca precious metals project is located approximately 120 kilometers southeast of the Pachuca Mine, one of the gold and silver deposits in Mexico with a historic production of 1.4 billion ounces of silver and seven million ounces of gold. The Ixtaca deposit is also located in the industrial heart of Puebla State. The Ixtaca deposit hosts a probable reserve containing 1.38 million ounces of gold and 85.1 million ounces of silver, out of which approximately 73.1 million tons grading 0.59 g/t Au and 36.3 g/t Ag. It is also accessible from Mexico City and approximately 95 kilometers north of Puebla city.

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Almaden Minerals Ord Shs > Mexico is mine-friendly, when could there be a court ruling?

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Comment by R_J_on Jun 22, 2020 9:20pm

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Post# 31179083

RE:Mexico is mine-friendly, when could there be a court ruling?

This is the way that I understand it.
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A ‘questionable’ law was passed a while back.
The validity of that law is being questioned.
Therefore the validity of mining claims made under that law are being questioned.
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Now for the good news.
Alamaden Minerals’ [T.AMM] claim was made before that new law was in existence.
Therefore, AMM mining claim is not affected by any of this.
[ I don't know about the other AMM spin-offs.]
Knock on wood.
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RJ

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