Almaden Minerals Ltd. (Almaden) is an exploration-stage company that is engaged directly in the exploration and development of exploration and evaluation properties in Canada, United States and Mexico. The Company is engaged in the business of the acquisition, exploration and when warranted, development of mineral properties. As of December 31, 2014, none of the Company's property interests were beyond exploration stage. The Company has not generated any revenues from operations. The Company has two primary property interests, both in Mexico: the Tuligtic prospect, which includes the Ixtaca zone and the El Cobre copper-gold prospect. The Company owns a 100% interest in the El Cobre project. The El Cobre project is located adjoining the Caballo Blanco project in Veracruz State, Mexico. The Company's Ixtaca deposit, the epithermal gold-silver target within the Tuligtic Property, is located approximately eight kilometers northwest of the town of San Francisco Ixtacamaxtitlan.