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

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Post by argaivon May 08, 2021 12:58am

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Post# 33159000

Correction

I would just like to see the permit in hand and the environmental plan approved. A little exploration is okay. Going to production will cost money. If they get the permits they ought to just sell it off IMO. It depends on how fast they can build that money, and I have not looked at the cost to build it.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle