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Almaden Infill Drilling Confirms Main Ixtaca Zone, Hits 25.00 Meters of 4.08 g/t Gold and 91.7 g/t Silver and 32.50 Meters of 2.02 g/t Gold and 109.2 g/t Silver All Within 184.00 Meters of 1.25 g/t Gold, 54.0 g/t Silver

VANCOUVER, BC–(Marketwired – October 31, 2017) – Almaden Minerals Ltd. (“Almaden” or “the Company”) (TSX: AMM) (NYSE American: AAU) (NYSE MKT: AAU) is pleased to announce new assay results from Almaden’s ongoing exploration and development program at the Company’s Tuligtic project, Mexico. One drill rig is focused on step-out exploration drilling outside of the established resource area. A second drill rig is drilling holes for metallurgical samples related to the ongoing Feasibility Study. Where possible holes also serve as resource infill holes, as does the hole reported today, TU-17-513 drilled on section 10+600 East. This infill hole intersected the Main Ixtaca Zone vein swarm. Highlights include the following intercepts: