ALMADEN EXPLORATION DRILLING HITS 10.00 METERS OF 2.11 G/T GOLD INCLUDING 2.00 M OF 8.17 G/T GOLD APPROXIMATELY 1.2 KM SOUTHWEST OF PFS PIT AT THE IXTACA PROJECT MEXICO

Almaden-02-28-18

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 the Tano Zone which is located about 1.2 kilometres southwest,
along strike from the Main Ixtaca Zone and the 2017 Pre-Feasibility Study (“PFS”) pit. The Tano zone covers an area of exposed volcanic and breccia hosted alteration and elevated gold in soil samples. Previous drilling in this area identified veining and mineralisation. Further interpretation of these past results led to the drilling of the holes released today which now confirm significant mineralisation in this part of the property. There is no drilling between the holes announced today and the PFS pit area, along the 060 Azimuth trend of the Main Ixtaca Zone, and this gap is considered highly prospective.

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