Almaden Completes Dismantling of the Rock Creek Mill in Preparation for Shipping to Ixtaca and Provides Feasibility Update
NEWS RELEASE
October 4th, 2018
Trading Symbols:
TSX: AMM; NYSE American: AAU
www.almadenminerals.com
Almaden Completes Dismantling of the Rock Creek Mill
in Preparation for Shipping to Ixtaca and Provides Feasibility Update
VANCOUVER -- Almaden Minerals Ltd . (“Almaden” or “the Company”; TSX: AMM; NYSE American:
AAU) is pleased to report that dismantling of the Rock Creek mill was completed in August, and the mill
components have since been cleaned, crated and packed to ensure safe storage near the port of Nome,
Alaska. The Rock Creek mill is now fully owned by Almaden and ready for anticipated shipping to Mexico
in 2019. This work has been completed by Dynamic Engineering Services Ltd. (Dynamic) on time and on
budget. Dynamic are specialists in dismantling, moving and reassembling large industrial sites including
mills. Photos and a video of the 2018 work program in Nome will be posted to Almaden’s website.
The Ixtaca deposit f easibility study (“FS”; see Almaden news release of March 21, 2018 for details) is
nearly complete and is anticipated in 2018. The FS will incorporate the positive results of ore sorting tests
that were reported earlier (see Almaden news release of July 16, 2018) as well as several other
opportunities that were identified in the FS work program . As reported previously, Almaden is also in the
final stage of preparing an En vironmental Impact Assessment (Manifiesto de Impacto Ambiental or “MIA”)
for Ixtaca , and is incorporating the most recent updates contained in the FS , into the MIA . Almaden
expects to submit the MIA this year.
Tracey Meintjes, P.Eng., a qualified person (“QP”) under the meaning of NI 43 -101, and Principal of
Moose Mountain Technical Services, reviewed the technical information in this news release.
About Almaden:
Almaden Minerals Ltd. owns 100% of the Ixtaca project in Puebla State, Mexico, subject to a 2.0% NSR
royalty held by Almadex Minerals L td. The Ixtaca Gold -Silver Deposit was discovered by Almaden in
2010.
On Behalf of the Board of Directors
“Morgan Poliquin”
Morgan J. Poliquin, Ph.D., P.Eng.
President, CEO and Director
Almaden Minerals Ltd.
Neither the Toronto Stock Exchange (TSX) nor the NYSE American have reviewed or accepted responsibility for the adequacy or
accuracy of the contents of this news release which has been prepared by management. Except for t he statements of historical fact
contained herein, certain information presented constitutes "forward -looking statements" within the meaning of the United States
Private Securities Litigation Reform Act of 1995 and Canadian securities laws. Such forward -looking statements, including but not
limited to, those with respect to potential expansion of mineralization, potential size of mineralized zone, and size and tim ing of
exploration and development programs, estimated project capital and other project costs and the timing of submission and receipt
and availability of regulatory approvals involve known and unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievement of Almaden to be materially different from any future results, performance or
achievements expressed or implied by such forward -looking statements. Such factors include, among others, risks related to
international operations and joint ventures, the actual results of current exploration activities, co nclusions of economic evaluations,
uncertainty in the estimation of mineral resources, changes in project parameters as plans continue to be refined, environmen tal
risks and hazards, increased infrastructure and/or operating costs, labour and employment ma tters, and government regulation and
permitting requirements as well as those factors discussed in the section entitled "Risk Factors" in Almaden's Annual Informa tion
form and Almaden's latest Form 20 -F on file with the United States Securities and Exchang e Commission in Washington, D.C.
Although Almaden has attempted to identify important factors that could cause actual results to differ materially, there may be other
factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will
prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. A lmaden
disclaims any intention or obligation to update or revise any forward -looking statements, whether as a result of new information,
future events or otherwise, other than as required pursuant to applicable securities laws. Accordingly, readers should not pl ace
undue reliance on forward-looking statements.
Contact Information:
Almaden Minerals Ltd.
Tel. 604.689.7644
Email: [email protected]
http://www.almadenminerals.com/