Almaden Hits 16.40 m of 2.25 g/t Gold and 25.3 g/t Silver and 10.50 m of 2.45 g/t Gold and 24.4 g/t Silver in Upper Portion of PFS Pit

VANCOUVER, BC--(Marketwired - December 20, 2017) - Almaden Minerals Ltd. ("Almaden" or "the Company") (TSX: AMM) (NYSE MKT: AAU) (NYSE American: AAU) is pleased to announce new assay results from Almaden's ongoing exploration and development program at the Company's Tuligtic project, Mexico. Today's results are from holes TU-17-508, 517, 521, 522, 524, 525, 526 and 528 which were drilled to follow-up hole TU-17-504 (announced August 23, 2017) that intersected new and significant mineralisation in an upper portion of the Pre-Feasibility Study ("PFS") pit which was modelled as waste material in the Company's PFS. These latest results confirm the discovery of a new zone of mineralisation in the volcanic and limestone lithologies. Highlights include the following intercepts: