History of the Company

 

1986		Almaden Resources Corporation the predecessor company to Almaden Minerals, was brought public on the Vancouver Stock Exchange .  The word Almaden is of Arabic origin, meaning “the mine” and Almaden’s founder and current CEO Duane Poliquin named the company after the famous mercury mines in Spain which have been in almost continuous production for the last 2000 years, since the time of Hannibal.  As Duane explains, “I thought the name was a sign of continuity.” Duane then identified and acquired the La Trinidad Gold Mine in Sinaloa State, Mexico, it was later sold to El Dorado Gold Mines Ltd., who put the mine into production with Almaden retaining a royalty.
1996		Morgan Poliquin, freshly graduated with a M.Sc. in Geology from the University of Auckland, and an earlier Bachelors in Geological Engineering from UBC, came to work with Duane, his father, at Almaden. Since 2000 Morgan has been a director of the company and with Duane manages the corporate and technical direction of Almaden Minerals Ltd. including supervision of investor relations and corporate presentation, management of property agreements and supervision of all exploration programs and technical direction of the company.
2001		Almaden Resources Ltd amalgamated with Fairfield Minerals Ltd. under the new name of Almaden Minerals Ltd., and began trading on the Toronto Stock Exchange. Almaden Minerals acquired a considerable portfolio of properties from the amalgamation including the small high grade gold deposit, the Elk Property in Southern British Columbia.  The focus of activity is Mexico where the company has assembled an outstanding database, and continues to explore, acquire and option properties to other companies.
2006		Almaden was listed on the American Stock Exchange. The company continues to be well financed with a business model that aims for longevity and sustainability.