Almaden Updates Stakeholders on Permitting Progress for the Ixtaca Project, Mexico

AAU-09-10-19

VANCOUVER, B.C. Almaden Minerals Ltd. (“Almaden” or the “Company”; TSX: AMM; NYSE American: AAU) is pleased to be able to provide an update on its progress and milestones achieved towards building a modern precious metals mine in Mexico. Almaden is committed to international environmental and social standards and
best available technologies. We believe Ixtaca will, long after final closure, make meaningful and enduring positive contributions to surrounding communities and beyond. In December 2018 Almaden announced results of a Feasibility Study (“FS”; see news release dated December 11th, 2018) and based on this study submitted its
environmental impact statement for mining operation (MIA in Mexico) in early 2019. As part of the MIA process a public consultation meeting has been conducted locally by Mexican authorities and was well attended and peaceful. In addition, the Company has recently submitted answers to formal questions posed by the environmental authority, SEMARNAT, as part of the standard MIA review process.

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