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Almaden Minerals Ltd.

SYMBOL: T.AMM, AMEX: AAU Website: www.almadenminerals.com Corporate Contact Information Phone: (604) 689-7644 Email: info@almadenminerals.com

Overview

Almaden Minerals uses the generative model to acquire prospective mineral properties and form joint ventures with third parties, under terms whereby a third party assumes all the exploration costs and risk in return for acquiring an interest in the property. The Company has property interests in Canada, Mexico and the United States.

Using the management's technical acumen, geologic database and state-of-the-art exploration technology and methodologies, Almaden has created a significant track record of identifying prospective mineral properties.

People

Duane Poliquin
Chairman

A registered professional geological engineer and the founding shareholder of Almaden Resources Corporation.

An Explorers' League Honoree, he gained international experience with major mining companies where he participated in several important mine discoveries. Poliquin was President of Westley Mines Ltd. when the company discovered the Santa Fe gold deposit in Nevada. A venture capital firm bought control of the company and subsequently dealt the property to Corona Mines Ltd., which placed the deposit into profitable production. Duane Poliquin also initiated several other projects that became producing mines. These were the Apex germanium-gallium deposit in Utah, sold to Musto Explorations Ltd., the Nevada Scheelite Extension, sold to NRD Mining Ltd., and the Trinidad Gold Mine, Mexico, sold by Almaden to Eldorado Gold Corporation.


Morgan Poliquin
President

Morgan Poliquin is a registered professional geological engineer and holds a Master of Science degree in Geology. He is a recognized expert in epithermal gold deposits and directs the exploration efforts of the company.

Property

The company's business model is to generate new projects and form joint ventures which utilize other companies' funds and assets to explore them. This dictates that properties interests are constantly changing as properties are acquired, joint ventures are formed and properties are tested by third parties. At present, Almaden has 13 properties currently dealt in various capacities and a royalty on properties vended to Tarsis Capital Corp. The most prominent of our properties are:

MEXICAN EXPLORATION

CABALLO BLANCO PROJECT, Vera Cruz State: Mexico: Optioned to Canadian Gold Hunter

The Caballo Blanco Gold and Copper project is located in Veracruz State approximately 75 kilometers northwest of the city of Veracruz. The project has excellent infrastructure and consists of seven mineral concessions totaling over 15, 000 hectares. The property occurs within a belt of alkalic igneous rocks which are similar to mineralization known elsewhere to be associated with gold copper deposits.

Canadian Gold Hunter has completed a 3600 meter two drill program on the Northern Zone. This is a high-sulphidation alteration system comprising of strong vuggy silica, quartz-alunite and various clay minerals extending over 20 square kilometers. A total of 10,000 meters of drilling are planned. The Cerro la Paila Target represents just one of several massive and vuggy silica targets occurring in the Northern zone and Highway zones.

TUGLICTIC PROJECT,Puebla state: Mexico: Optioned to Antofagasta Minerals SA

The Tuglictic property was recognized during a helicopter reconnaissance program in 2005.. A 5000 hectare claim was staked and is held 100% by Almaden. Tuglictic has the potential for both a porphyry copper gold system and an epithermal gold-silver vein system Antofagasta is completing a drill program on the property.


BUFA PROJECT Chihuahua State:Mexico : Optioned to Lincoln Gold Corp.

The La Bufa property surrounds the town and mining camp of Guadalupe y Calvo which had significant past gold production and covers its possible strike extensions.
A major vein structure has been traced from the Guadalupe Camp over a 1.4 kilometer distance onto the Bufa property. Previous optionees carried out a small core-drilling program on the property which encountered multiple veins- some with ore-grade gold-silver intercept with attending lead zinc.



CANADIAN EXPLORATION

In a regional exploration program for gold in an area west of Almaden’s Elk Gold Mine in southern British Columbia, Almaden detected several areas of elevated gold values in samples taken of stream sediment. After follow up prospecting in these areas, Almaden identified and staked several areas of clay-carbonate alteration and quartz veining, all representative of low-sulphidation epithermal gold-silver vein systems. These properties outline an exciting new gold belt – now known as the Spence’s Bridge Gold Belt – which includes six staked projects: SKOONKA CREEK, PROSPECT VALLEY, PONDEROSA, MERIT, BROOKMERE, AND NICOAMEN RIVER (all 100% owned by Almaden) and totals an area of 42,570 hectares.


Elk (Siwash) Gold Deposit, Canada: 100% Almaden Minerals

The deposit is located roughly two kilometres south of Highway 97 and 45 kilometers (km) southeast of Merrit in the Okanagan area of Southern British Columbia. The mine is known for its very high gold grades when 51,750 ounces of gold were produced from 18,400 tons of mesothermal quartz vein ore. From 1987 to 2007 the property has been extensively explored by soil geochemical surveys, trenching and diamond drilling. An updated 2007 resource estimate is available on line. J.D. Poliquin, Chairman of Almaden stated “ The Elk gold deposit has an important gold resource that can add significant value to our company apart from that created through our generative exploration efforts, particularly in light of the recent increase in gold’s valuation with respect to fiat currencies. Almaden’s management is conducting internal economic analysis and considering various options to advance the property production.

Politics

Almaden focuses on the USA, Canada and Mexico, the three countries that formed the North American Free Trade Agreement (NAFTA). Besides the obvious political stability this ensures, there is greater ease in obtaining work visas, moving equipment, etc. In addition, this agreement provides greater certainty of title to properties than is obtainable in many if not most other mineral districts in the world. Environmental regulations in all three are rigorous, but manageable.

Paper

Almaden Minerals Ltd. trades on the Toronto Stock Exchange under the symbol AMM (T.AMM) and also on the NYSE:AMEX under the symbol AAU.