Almaden has new strategy at Ixtaca after mill agreement

摘要

It's been a busy 12 months for Almaden Minerals (TSX: AMM; NYSE-MKT: AAU), and it wrapped up the year with an option agreement for mill infrastructure that will drop development capital requirements at its Ixtaca gold-silver deposit, 95 km north of Puebla city, Mexico. The company also engineered a spin-out for its promising portfolio of exploration properties, and locked up a non-brokered private placement that should advance Ixtaca towards production in 2016.