VANCOUVER, BC–(Marketwired – November 29, 2016) – Almaden Minerals Ltd. (“Almaden” or “the Company”) (TSX: AMM) (NYSE MKT: AAU) is pleased to announce further assay results from Almaden’s ongoing exploration and development program at the Company’s Tuligtic project, Mexico. Results reported today are from from drill holes TU-16-470 to 476 drilled on sections 10+500, 625 and 650 East. All holes intersected significant mineralisation and veining inside or immediately outside of the Amended PEA pit. The holes drilled to the north intersected the previously defined subvertical Ixtaca North vein zone as well as the new zones of veining.
| Hole TU-16-470 SECTION 10+625 EAST Az. 150, Dip -20 | |||
| 5.50 meters @ 27.31 g/t Au and 66.3 g/t Ag | Main Ixtaca Zone Updip | ||
| Including 1.00 meters @ 143.00 g/t Au and 315.0 g/t Ag | Main Ixtaca Zone Updip | ||
| Hole TU-16-471 SECTION 10+500 EAST Az. 330, Dip -60 | |||
| 9.60 meters @ 2.01 g/t Au and 139.3 g/t Ag | Ixtaca North Zone | ||
| 29.50 meters @ 0.98 g/t Au and 39.3 g/t Ag | Ixtaca North Zone | ||
| Hole TU-16-473 SECTION 10+500 EAST Az. 330, Dip -40 | |||
| 25.60 meters @ 0.75 g/t Au and 37.0 g/t Ag | Ixtaca North Zone | ||
| Including 8.10 meters @ 1.92 g/t Au and 106.3 g/t Ag | Ixtaca North Zone | ||
| 1.55 meters @ 1.03 g/t Au and 303.7 g/t Ag | New Vein Zone | ||
| 1.00 meters @ 0.75 g/t Au and 514.8 g/t Ag | New Vein Zone | ||
| Hole TU-16-474 SECTION 10+500 EAST Az. 330, Dip -80 | |||
| 15.80 meters @ 4.31 g/t Au and 98.0 g/t Ag | New Vein Zone | ||
| Including 4.30 meters @ 12.36 g/t Au and 287.8 g/t Ag | New Vein Zone | ||
| 22.00 meters @ 1.92 g/t Au and 34.5 g/t Ag | New Vein Zone | ||
| Hole TU-16-475 SECTION 10+650 EAST Az. 330, Dip -40 | |||
| 16.70 meters @ 2.21 g/t Au and 160.9 g/t Ag | New Vein Zone? | ||
| Including 6.10 meters @ 5.01 g/t Au and 352.9 g/t Ag | New Vein Zone? | ||
| 20.35 meters @ 2.25 g/t Au and 117.9 g/t Ag | New Vein Zone? | ||
| Including 14.20 meters @ 3.08 g/t Au and 161.2 g/t Ag | New Vein Zone? | ||
| And 3.15 meters @ 10.45 g/t Au and 462.1 g/t Ag | New Vein Zone? | ||
| Hole TU-16-476 SECTION 10+650 EAST Az. 330, Dip -27 | |||
| 0.75 meters @ 2.45g/t Au and 627.0 g/t Ag | New Vein Zone? | ||