Almaden Minerals Ltd. · TSXV:AMM
Almaden Minerals — Investor Presentation (November 2011)
28 slides from Almaden Minerals's investor presentation, November 2011
Slide 1: Almaden Minerals Ltd.
Almaden Minerals Ltd. TSX: AMM / AMEX:AAU 1
Slide 2: Safe Harbour Statement
SAFE HARBOUR STATEMENT DISCCLAIMER Certain statements in this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and Canadian securities legislation. Such forward-looking statements involve known and unknown risks, uncertai
Slide 3: Almaden's Cash and Equity Holdings
ALMADEN’S CASH & AND EQUITY HOLDINGS: November 15th, 2011 OUR EQUITY & ASSEETS NO DEBT Approximately $22 MM in CASH $2.8 MM in GOLD (1,597 ounces) $ 20.6 MM in holding of Gold Mountain Mining Corporation (GUM.TSX.V) (29MM shares @ $0 $0.71) 71) $ 10.5 MM in holding of Goldgroup Mining Inc.
Slide 4: Almaden's Projects
ALMADEN’S PROJECTS 100% INTEREST IN 40 PROJECTS FOUND BY ALMADEN OUR EQUITY & ASSEETS THROUGH STAKING 100% INTEREST IN IXTACA ZONE (TULIGTIC PROJECT) PROJECT), MEXICO ‐ evolving Au‐Ag discovery with 50+ holes drilled 100% INTEREST IN EL COBRE PROJECT, MEXICO ‐ Cu‐Au porphyry with 2012 drilling
Slide 5: Management
DUANE POLIQUIN, P.Eng. Founder, Chairman MANAGGEMENT Geological Engineer 49 years worldwide experience Discoveries include the Santa Fe Gold Property in Nevada and the Trinidad Gold Deposit in Mexico MORGAN POLIQUIN, P.Eng. President, CEO Geological Engineer, UBC M.Sc. Geology, U of Au
Slide 6: Eastern Mexico: a special area of focus
EASTERN MEXICO: a special p area of focus In 1994 Almaden recognized Eastern Mexico as unexplored terrain with EASTTERN MEXXICO POORTFOLIO exceptional mineral potential many similarities to eastern Nevada and Utah (Carlin to Bingham Canyon) Underexplored but with several old, well documented pro
Slide 7: Eastern Mexico: discoveries and more to come
EASTERN MEXICO: 2 discoveries & more to come … EASTTERN MEXXICO POORTFOLIO CABALLO BLANCO GOLD DEPOSIT • G ld Goldgroup plans l production d ti forf 2012 • Almaden holds 1.5% NSR royalty and equity interest 7MM shares + 7MM performance based future share payments. IXTACA GOLD‐SILVER ZONE, TULIGT
Slide 8: Eastern Mexico: Almaden's Future Outlook
EASTERN MEXICO: Almaden’s Future Outlook EASTTERN MEXXICO POORTFOLIO POTENTIAL REVENUE from possible near term production at Caballo Blanco. POTENTIAL CAPITAL GAINS from exploration & development program at Ixtaca/Tuligtic OUTSTANDING PORTFOLIO with many 100% owned projects acquired by staking
Slide 9: Mexican Portfolio
Almaden Minerals TSX: AMM / AMEX: AAU =< M7 >< — © > =— U (=) A + TI O — — i=) Realito Viky gold / silver / copper silver / lead / zinc La Buf: al gold / sil Sold to Lincoln id for stock and 2% NSR EI Pulpo \ St. Isabela silver / lead / zinc Matehuapil silver / lead / zinc Optioned to Golden Mineral
Slide 10: Tuligtic Location and Ixtaca Zone
TULIGTIC Puebla State State, Mexico 100% owned by Almaden TULIGTIC CLLAIM LO recognised by Almaden during a regional reconnaissance program in 2001. 14,000 hectare claim located 100 km north of Puebla and 150 km east of Mexico Cityy ((2.5 hour drive)) Both porphyry copper and epithermal gold t
Slide 11: Ixtaca Discovery
DISCOVERY SCO TU-10-01 U 0 0 – ddrilled ed August ugust 2010 0 0 300.2 m of 1 g/t Au, 48 g/t Ag IXTAACA DISCCOVERY 4.10 m of 26 g/t Au, 936 g/t Ag HIGHLIGHT INTERSECTIONS: TU-10-10: 136.9m of 1.5 g/t Au, 36 g/t Ag including 44.0m of 3.1 g/t Au, 62 g/t Ag TU-10-11: 203.7m of 1.0 g/t Au, 44 g/t Ag
Slide 12: Tuligtic Project Zones
TSX: AMM / AMEX: AAU —- CSMAT Lines Al Tie bbe! 7 @ Ixtaca Zone Drilling Sol Zone } (2010-1011) Soil Geochemistry (Ranges by Gold ppb) 50 -720 (101) 25 - 50 (100) Pri Caleva Zone = 7 + 25 (346) 3 - 7 (1001) 1.5 - 3 (1425) 4 Cc = e— G) a — (>) 0 A © qa mH (om) a IN © = T1 NY OVERVIEW of TUligtic Proj
Slide 13: Ixtaca: Drilling Plan View
IXTACA : DRRILLINGG PLANVIIEW
Slide 14: Ixtaca: Discovery Hole
js) DN on) oO = mM 2) -~< =x Oo _ | SECTION E6000 Looking East Tu-10.01/349. 91m TU-10-1: 4. 302.41m of 1.01 g/t Au, 48 g/t Ag, (1.7 g/t AuEq) 2. 174.0m of 1.49 g/t Au, 74 g/t Ag, (2.6 g/t AuEq) 3. 3.03m of 4.44 g/t Au, 453 g/t Ag, (11.4 g/t AuEq) 4. 4.10m of 25.71 g/t Au, 936 g/t Ag, (40.1 g/t AuEq
Slide 15: Ixtaca: Section 550
SECTION 550 omens Looking ‘NE TU-11-19: highlight intervals from Almaden Minerals top to bottom of hole TSX: AMM / AMEX: AAU INTENSELY CLAY-ALTERED ASH @ 125.50m of 0.48 g/t Au & 39.9 g/t Ag e@ 43.31 mof 0.91 g/t Au & 74.4 g/t Ag @ 18.33m of 0.67 g/t Au & 76.6 g/t Ag VOVLXI TU-11-16: highlight inter
Slide 16: Caballo Blanco and El Cobre
CABALLO BLANCO Veracruz State, Mexico Located 75 km northwest of CABALLO BLAANCO & EL COBRRE Veracruz City Almaden Almaden’ss holds 1.5% 1 5% NSR Caballo GGA has announced Blanco production plans for 2012 El COBRE Large CU‐AU porphyry system 100% Almaden Drilling Planned 2012 El Cobre
Slide 17: El Cobre Project
EL COBRE PROJECT EL COBRE PROJECCT 12.2m @ @3.82g/t g Au,, 0.37%Cu > 4 km 15.2m @0.23g/t Au, 0.16%Cu 13.7m @1.85g/t Au, 0.1%Cu
Slide 18: El Cobre Project
EL CCOBRE PROJECCT Undrilled magnetics anomaly with high IP & Au‐Cu‐Mo soil geochemistry 1 km
Slide 19: Yago Project
YAGO PROJECT Northern Zone Nayarit State OPTIONED TO G4G RESOURCES LTD. (G4G) YAGOO PROJECCT G4G CAN EARN 60% BY: $US 6MM in spending Paying 2.5 MM shares of G4G to AMM Can earn additional 10% by completing Bankable Feasibility Study THREE MAIN ZONES OF VEINING: Northern zone has had recent
Slide 20: Caldera Project
CALDERA PROJECT CALDDERA PROJECTT Puebla State • Almaden discovery • New Caballo Blanco‐like gold target located 150 km west of Caballo Blanco 8km x 2 km • OPTIONED TO WINDSTORM Zone of Alteration RESOURCES can earn 60% by: • $US 5MM in spending • Paying 1 MM shares of Windstorm to AMM • DRILLING PR
Slide 21: Projects in Canada and USA
Almaden Minerals TSX: AMM / AMEX: AAU mo) A o) CQ m™ i) + N — = © > = > O > 0 cc i) > (ansis AGREEMENT: | copper / lead / zinc / silver { gold Caribou Property ; Cabin Lake Property en 20 erst maa Mor Property oo Goz Prospector Mnt. Meister Tim (+ Erika in Mexico) Elk (Siwash) Gold Project Spence’s
Slide 22: Elk Gold Deposit
ELK DEPOSIT Merit, BC ELKK GOLD DEPOSSIT Located 3 hour drive from Vancouver, 2km from HWY The mine is known for its very high ggold grades. g In the 1990s,, 51,750 , ounces of gold were produced from 18,400 tons of mesothermal quartz vein ore extracted in open pit and underground g operations.
Slide 23: Elk Gold Deposit Resources
Almaden Minerals TSX: AMM / AMEX: AAU mM - aN G) © — OO OO TM me) © —N ei a Vein Location Class Cut-Off Aug/t Tonnage Aug/t Ounces BaWD In Plt Measured 0.50 200,000 «8,77 55,000 B&WD In Pit Indicated 0.50 1,870,000 3.50 210,000 BaWwD In Pit M&I 0.50 2,070,000 4.00 266,000 B&WD In Pit Inferred 0.50 6
Slide 24: 2011 Elk PEA Results
BASE CASE (US$1,000 (US$1 000 / OUNCE) 7 year mine life producing 139,000 ounces of gold 20111 ELK PEEA RESUULTS Estimated cash operating costs of $C528 per ounce Initial capital expenditures of C$9.91 MM Pre‐tax IRR of 51% Payback y of 1.85 yyears NPV of $C28.7 MM using a discount rate
Slide 25: Nevada Projects 2011
NEVADA EXPLORATION Regional program began in NEVAADA PROJJECTS 22011 2007 Multiple projects identified and acquired through staking 100% INTEREST IN BP PROJECT, NEVADA ‐ Carlin‐Type Au 100% INTEREST IN WILLOW OJ C , NEVADA PROJECT, ‐ Cu‐Au porphyry
Slide 26: Willow: Section 400E
LARGE PORPHYRY TARGET, DRILLING PLANNED 2012 WILLLOW: SECCTION 400 E
Slide 27: Share Price AAU
1 year Share Sh P i (AAU-NYSE Price (AAU NYSE AMEX) as off Nov. N 99, 2011 SHARE PRICEE AAU
Slide 28: 2012 Focus
IXTACA ZONE: Definition drilling TULIGTIC: Exploration drilling for additional Ixtaca 20122 FOCUS Zones WILLOW: Drilling Planned EL COBRE: Drilling Planned CABALLO BLANCO: Goldgroup Plans Commencement of Production ELK: Drilling Planned by Gold Mtn. Mtn Ongoing Grass Roots Exploration
Almaden Minerals — Investor Presentation (November 2011) on 6ix