ALMADEN INFILL HOLE HITS 28.95 M OF 5.61 G/T GOLD AND 19.7 G/T SILVER BENEATH PFS PIT

ixtaca_drilling update_feb 2018

Almaden Minerals Ltd. (“Almaden” or “the Company”; TSX: AMM; NYSE American: AAU) is pleased to announce new assay results from Almaden’s ongoing exploration and development program at the Company’s Tuligtic project, Mexico. Today’s results are from holes TU-17-532 (infill), and GMET-17-13 and 14 (metallurgical holes) all drilled into the northeast striking Chemalaco Zone on the east side of the Ixtaca deposit and the Pre-Feasibility Study (“PFS”) pit. Holes TU-17-532 and GMET-17-14 were drilled beneath the PFS pit. These latest results confirm a high-grade zone of mineralisation immediately outside and beneath the PFS pit and the potential for expansion of the PFS mine plan. Highlights include the following intercepts:

Hole TU-17-532 SECTION 50025 NORTH Az. 070, Dip -80 (BENEATH PFS PIT) 101.45 meters @ 1.94 g/t Au and 12.7 g/t Ag Including 46.20 meters @ 3.87 g/t Au and 15.1 g/t Ag And 28.95 meters @ 5.61 g/t Au and 19.7 g/t Ag And 13.10 meters @ 9.35 g/t Au and 25.5 g/t Ag

Hole GMET-17-13 SECTION 49950 NORTH Az. 070, Dip -35 (WITHIN PFS PIT) 53.90 meters @ 0.48 g/t Au and 37.8 g/t Ag Including 7.00 meters @ 1.11 g/t Au and 95.3 g/t Ag

Hole GMET-17-14 SECTION 49950 NORTH Az. 070, Dip -60 (WITHIN AND BENEATH PFS PIT) 24.00 meters @ 1.90 g/t Au and 16.3 g/t Ag Including 12.00m @ 3.66 g/t Au and 26.6 g/t Ag And 5.00 m @ 7.91 g/t Au and 33.8 g/t Ag 57.55 meters @ 1.29 g/t Au and 23.5 g/t Ag Including 3.00 meters @ 16.87 g/t Au and 37.7 g/t Ag

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