VANCOUVER, BC–(Marketwired – February 08, 2017) – 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 drill holes TU-16-487, 489, 491 and 493 drilled on sections 10+600 and 10+775 East. The holes intersected significant mineralisation and veining inside or immediately outside of the Amended PEA pit including the previously defined subvertical Ixtaca North vein zone, as well as potential new zones of veining. Highlights from these drillholes include the following intercepts:
| Hole TU-16-487 SECTION 10+600 EAST Az. 330, Dip -68 | ||
| 41.45 meters @ 1.52 g/t Au and 117.3 g/t Ag | Ixtaca North Zone | |
| Including 4.60 meters @ 6.68 g/t Au and 565.4 g/t Ag | Ixtaca North Zone | |
| And 9.50 meters @ 1.86 g/t Au and 137.8 g/t Ag | Ixtaca North Zone | |
| 11.30 meters @ 1.56 g/t Au and 132.4 g/t Ag | Ixtaca North Zone | |
| Including 5.15 meters @ 3.16 g/t Au and 273.7 g/t Ag | Ixtaca North Zone | |
| 32.55 meters @ 0.72 g/t Au and 17.4 g/t Ag | Ixtaca North Zone | |
| Hole TU-16-489 SECTION 10+600 EAST Az. 330, Dip -60 | ||
| 18.45 meters @ 1.66 g/t Au and 58.9 g/t Ag | Ixtaca North Zone | |
| Including 8.50 meters @ 1.89 g/t Au and 97.9 g/t Ag | Ixtaca North Zone | |
| 8.05 meters @ 3.59 g/t Au and 329.3 g/t Ag | Ixtaca North Zone | |
| Including 1.10 meters @ 17.20 g/t Au and 920.0 g/t Ag | Ixtaca North Zone | |
| And 0.50 meters @ 16.85 g/t Au and 3120.0 g/t Ag | Ixtaca North Zone | |
| 0.75 meters @ 17.70 g/t Au and 1350.0 g/t Ag | Ixtaca North Zone | |
| 17.90 meters @ 1.62 g/t Au and 162.6 g/t Ag | Ixtaca North Zone | |
| Including 2.00 meters @ 12.80 g/t Au and 1136.5 g/t Ag | Ixtaca North Zone | |
| Hole TU-16-491 SECTION 10+600 EAST Az. 330, Dip -40 | ||
| 33.80 meters @ | Ixtaca North Zone | |
| Including 0.65 meters @ 4.53 g/t Au and 295.0 g/t Ag | Ixtaca North Zone | |
| Hole TU-16-493 SECTION 10+775 EAST Az. 330, Dip -65 | ||
| 61.00 meters @ 0.53 g/t Au and 81.9 g/t Ag | Ixtaca North Zone | |
| Including 38.30 meters @ 0.76 g/t Au and 120.6 g/t Ag | Ixtaca North Zone | |
| And 19.60 meters @ 0.82 g/t Au and 206.5 g/t Ag | Ixtaca North Zone | |
| 4.20 meters @ 0.19 g/t Au and 115.3 g/t Ag | Ixtaca North Zone | |