text: Almaden Minerals Ltd.: Drilling Recommences at Caballo Blanco, Mexico
  November 27, 2008 14:52 ET
  VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 27, 2008) - Almaden Minerals Ltd. ("Almaden", "the Company") (TSX:AMM)(NYSE-A:AAU) is pleased to announce the commencement of diamond drilling on the Caballo Blanco gold project in the state of Veracruz, Mexico. Two track-mounted core rigs have been mobilized to the property by operating partner Canadian Gold Hunter Corp. ("CGH") (TSX:CGH) which has the option to earn a 70% interest in the project from Almaden. The planned program is up to 10,000 meters in two phases, with the initial phase being 5,000 meters.
  Almaden is a mineral exploration and development company with a track record of making new discoveries in Canada and Mexico. Almaden currently has an interest in 20 properties where others are responsible for ongoing exploration and development. Almaden will continue with its successful business model of identifying new projects in Mexico, Canada and the United States through grass roots exploration and managing risk by forming joint ventures with partner companies which then carry the cost of exploring and developing our projects. Almaden's grass roots exploration programs are designed to identify new mineral exploration projects in mineral terrains geologically permissive for world-class ore deposits. Almaden is seeking partners with the suitable business and geological resources to explore and assess the potential of these projects through drilling.