Almaden Files 43-101 Resource Update Technical Report for the Tuligtic Project, Mexico
February 28 2014 - 6:05PM
Marketwired
Almaden Files 43-101 Resource Update Technical Report for the
Tuligtic Project, Mexico
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 28, 2014) -
Almaden Minerals Ltd. ("Almaden" or "the Company")
(TSX:AMM)(NYSEMKT:AAU) is pleased to announce the completion and
filing of the National Instrument 43-101 Independent Technical
Report for the Company's Tuligtic Gold-Silver Project, Mexico. The
Independent Technical Report was prepared following the guidelines
of the Canadian Securities Administrators National Instrument
43-101 and Form 43-101F1 and was authored by Kris Raffle, P.Geo. of
APEX Geoscience Ltd. and Gary Giroux, M.A.Sc., P.Eng. of Giroux
Consultants Ltd. both of whom are Qualified Persons as defined by
National Instrument 43-101 ("NI 43-101") and have reviewed and
approved the contents of this news release. The report is filed on
SEDAR and can be viewed on the SEDAR website, www.sedar.com, and
Almaden's website, www.almadenminerals.com.
Cautionary Note
concerning estimates of Measured, Indicated and Inferred Mineral
Resources:
This news release
uses terms that comply with reporting standards in Canada and
certain estimates are made in accordance with Canadian National
Instrument NI 43-101 ("NI 43 101"). NI 43 101 is a rule developed
by the Canadian Securities Administrators that establishes Canadian
standards for all public disclosure an issuer makes of scientific
and technical information concerning mineral projects. These
standards differ significantly from the requirements of the U.S.
Securities and Exchange Commission ("SEC"), and mineral resource
information contained herein may not be comparable to similar
information disclosed by United States companies.
This news release
uses the terms "measured mineral resource", "indicated mineral
resources" and "inferred mineral resources" to comply with
reporting standards in Canada. We advise United States investors
that while such terms are recognized and required by Canadian
regulations, the SEC does not recognize them. United States
investors are cautioned not to assume that any part or all of the
mineral deposits in such categories will ever be converted into
mineral reserves under SEC definitions. These terms have a great
amount of uncertainty as to their existence, and great uncertainty
as to their economic and legal feasibility. Therefore, United
States investors are also cautioned not to assume that all or any
part of the "measured mineral resources", "indicated mineral
resources" or "inferred mineral resources" exist. In accordance
with Canadian rules, estimates of "inferred mineral resources"
cannot form the basis of feasibility or other economic studies.
It cannot be assumed
that all or any part of the "measured mineral resources",
"indicated mineral resources" or "inferred mineral resources" will
ever be upgraded to a higher category.
On Behalf of the
Board of Directors
Morgan J. Poliquin,
Ph.D., P.Eng., President, CEO and Director
Almaden Minerals
Ltd.
Neither the
Toronto Stock Exchange (TSX) nor the NYSEMKT have reviewed or
accepted responsibility for the adequacy or accuracy of the
contents of this news release which has been prepared by
management. Except for the statements of historical fact contained
herein, certain information presented constitutes "forward-looking
statements" within the meaning of the United States Private
Securities Litigation Reform Act of 1995 and Canadian securities
laws. Such forward-looking statements, including but not limited
to, those with respect to potential expansion of mineralization,
potential size of mineralized zone, and size and timing of
exploration and development programs, estimated project capital and
other project costs and the timing of submission and receipt and
availability of regulatory approvals involve known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance or achievement of Almaden to be materially
different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Such
factors include, among others, risks related to international
operations and joint ventures, the actual results of current
exploration activities, conclusions of economic evaluations,
uncertainty in the estimation of mineral resources, changes in
project parameters as plans continue to be refined, environmental
risks and hazards, increased infrastructure and/or operating costs,
labour and employment matters, and government regulation and
permitting requirements as well as those factors discussed in the
section entitled "Risk Factors" in Almaden's Annual Information
form and Almaden's latest Form 20-F on file with the United States
Securities and Exchange Commission in Washington, D.C. Although
Almaden has attempted to identify important factors that could
cause actual results to differ materially, there may be other
factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such statements will prove
to be accurate as actual results and future events could differ
materially from those anticipated in such statements. Almaden
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, other than as required pursuant to
applicable securities laws. Accordingly, readers should not place
undue reliance on forward-looking statements.
Almaden Minerals
Ltd.604.689.7644info@almadenminerals.comwww.almadenminerals.com
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