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Company Response

8 Dec 2017

Author:
Almaden Minerals

Almaden Minerals response

8 of December 2017

…Almaden has been engaged in mineral exploration in Mexico since 1992. In 2010, Almaden made a significant discovery of gold and silver at Ixtaca. With a view to defining this discovery, Almaden continued its exploration efforts and extended community activities…As of November 30, 2017, Almaden has held seven large community meetings that have been attended by more than 2,500 people. Almaden has also held 25 community dialogue sessions and organized 23 visits to mining operations…Almaden is committed to ensuring that our operations offer tangible benefits to local communities. So far, Almaden has employed 70 people…has also provided scholarships, supported several cultural events and provided tangible assistance to local schools. The Company believes that it is in compliance with all applicable laws and regulations in Mexico. With the approval of the Mexican government and the support of local communities, Almaden hopes to eventually commence mining operations at Ixtaca. Almaden welcomes community input and feedback with a view to developing the Ixtaca project in a manner that is socially, environmentally and economically responsible…