Almaden Announces Notification of Court Decision and Updates Progress on Environmental Permit Application and Human Rights Impact Assessment

VANCOUVER, British Columbia, July 04, 2022 (GLOBE NEWSWIRE) -- Almaden Minerals Ltd. (“Almaden” or “the Company”; TSX: AMM; NYSE American: AAU) reports that, further to its press releases of April 27 and February 17, 2022, Mexico’s Ministry of the Economy (“Economia”) has now been officially notified of the April, 2022 decision of the Supreme Court of Justice of Mexico (“SCJN”), and has in turn notified Almaden that the Company’s mineral titles relating to the Ixtaca project are “ineffective” but that the Company’s mineral title applications were filed in conformity with the Mexican mineral title law. The Company understands this to mean that the mineral title has reverted to application status, and that these applications preserve the mineral rights for Almaden but do not allow the Company to engage in exploration, until such time as Economia completes its court-ordered indigenous consultation in the area covered by the mineral title applications.

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