Almaden Files Preliminary Economic Assessment Technical Report for Its Ixtaca Gold-Silver Deposit, Mexico
30 Maggio 2014 - 6:40PM
Marketwired
Almaden Files Preliminary Economic Assessment Technical Report for
Its Ixtaca Gold-Silver Deposit, Mexico
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 30, 2014) -
Almaden Minerals Ltd. ("Almaden" or "the Company")
(TSX:AMM)(NYSEMKT:AAU) announces that the independent NI 43-101
Preliminary Economic Assessment Technical Report (the "PEA"), for
its gold-silver Ixtaca Deposit, Mexico, has been completed and
filed on SEDAR. A summary of findings from the PEA were announced
in Almaden's press release issued April 16th, 2014. The full
report, "Preliminary Economic Assessment of the Ixtaca Project",
prepared by Moose Mountain Technical Services ("MMTS") can be
obtained from www.sedar.com. The independent qualified persons
responsible for preparing the Ixtaca Preliminary Economic
Assessment are Jesse Aarsen, P.Eng. and Tracey Meintjes, P.Eng. of
MMTS, Ken Embree, P.Eng. of Knight Piésold Ltd. ("KP"), Kris
Raffle, P.Geo. of APEX Geoscience Ltd., and Gary Giroux, M.A.Sc.,
P.Eng. of Giroux Consultants Ltd., all of whom act as independent
consultants to the Company, are Qualified Persons as defined by
National Instrument 43-101 ("NI 43-101") and have reviewed and
approved the contents of this news release.
It should be noted
that this PEA is preliminary in nature as it includes inferred
mineral resources which are considered too speculative geologically
to have the economic considerations applied to them that would
enable them to be categorized as mineral reserves. There is no
certainty that the PEA forecast will be realized or that any of the
resources will ever be upgraded to reserves. Mineral Resources that
are not Mineral Reserves do not have demonstrated economic
viability.
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 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 resources",
"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 pre-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.
About Almaden
Almaden is a well-financed mineral exploration company working
in North America. The company has assembled mineral exploration
projects in Canada, the United States and Mexico, including the
Ixtaca Zone of the Tuligtic Project, through its grass roots
exploration efforts. Uniquely, the Company has pioneered a new
geologic and mineral district in Eastern Mexico through conceptual
science driven exploration resulting in the acquisition through
staking of a portfolio of early stage exploration properties, each
of which represent exiting opportunities for the potential
discovery of significant gold, silver and copper deposits as
evidenced at Ixtaca. Almaden's business model has been to find and
acquire mineral properties and develop them by seeking option
agreements with others who can acquire an interest in a project by
making payments and exploration expenditures. Through this means
the company has been able to expose its shareholders to discovery
and capital gain without the funding and consequent share dilution
that would be required if the company were to have developed these
projects without a partner. The company intends to expand this
business model, described by some as prospect generation, by more
aggressively exploring, developing and advancing its projects
including the Ixtaca Zone.
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
Grafico Azioni Almaden Minerals (TSX:AMM)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni Almaden Minerals (TSX:AMM)
Storico
Da Giu 2023 a Giu 2024