Almaden Drills Further New High Grade Mineralisation Within and Outside Amended Pea Pit, Hits 14.40 Meters of 3.57 G/T Gold, 146.9 G/T Silver and 0.50 Meters of 0.75 G/T Gold and 1335.0 G/T Silver Respectively

VANCOUVER, BC--(Marketwired - October 12, 2016) - Almaden Minerals Ltd. ("Almaden" or "the Company") (TSX: AMM) (NYSE MKT: AAU) is pleased to announce further assay results from Almaden's ongoing exploration and development program at the Company's Tuligtic project, Mexico. Results from drill holes TU-16-467, 468 and 469, all drilled on section 10+625 East have been received. Hole TU-16-465 intersected what is likely a new zone of high grade veining within the Amended PEA pit, while all three holes intersected significant mineralisation and veining immediately outside of the Amended PEA pit. The holes were all drilled from the same pad and intersected the previously defined subvertical Ixtaca North vein zone as well as the n

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