Almaden Options Yago Project Mexico to G4G Resources

Almaden Minerals AAU is pleased to announce that, subject to regulatory approval, it has agreed to terms with G4G Resources whereby G4G can acquire a 70% interest in Almaden's 100% owned Yago gold-silver project located in Nayarit State Mexico. To earn a 60% interest in the property, G4G is required to: -- Pay CAD $50,000 to Almaden immediately upon the execution of the option agreement; -- Issue 500,000 common shares of G4G to Almaden immediately upon the execution of the option agreement; -- Complete an aggregate of US$6,000,000 in exploration expenditures on the property over a five year period (of which US$500,000 must be incurred in the first year); and -- Make aggregate payments to Almaden of 2,500,000 common shares of G4G over 5 years (of which 500,000 must be issued in the first year).