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Almaden Minerals, Ltd. engages in the acquisition, exploration, and development of mineral properties primarily in Canada, the United States, and Mexico. It principally focuses on gold silver, and copper properties. The company holds interests in two principal properties, including Siwash Gold deposit in Canada and the Caballo Blanco gold silver, copper prospect in Mexico. It also holds interests in ATW diamond, Nicoamen River, Merit, and Brookmere prospects in Canada; and the San Carlos, Yago, the Bufa, Tuligtic, Viky, Matehuapil, Caldera, and the San Diego prospects in Mexico. The company was incorporated in 1980 and is headquartered in Vancouver, Canada.
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604-689-7644 |
FAX |
604-689-7645 |
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For the nine months ended 30 September 2006, Almaden Minerals Ltd.'s revenues totaled C$566K, up from C$171K. Net loss totaled C$3.7M, up from C$352K. Revenues reflect an increase in interest income due to higher cash balances available for investment and higher other income. Higher loss reflects an increase in general & administrative expenses due to higher professional fees and the absence of gain on sale of property, plant & equipment.
