Brief: Almaden secures option to purchase 7,000 tpd mill for US$6.50 million
Oct 19 (Reuters) - Almaden Minerals Ltd AMM.TO : * Enters into mill purchase option agreement; significantly reduces capital cost of ixtaca "ramp-up" scenario * Says secures option to purchase 7,000 tpd mill for US$6.50 million * Agreement entitling co to purchase assets which, when taken together, constitute the rock creek mill * Source text for Eikon urn:newsml:reuters.com:*:nCCN7nDmq9 * Further company coverage AMM.TO ((Bengaluru Newsroom; +1 646 223 8780))
Recent news on Almaden Minerals
See all newsBrief: Almaden Announces Management Transition
Brief: Almaden Announces Calendar For Arbitration Process With Mexico
Brief: Almaden Minerals Says Panel Rejects Mexico's Request To Separate Jurisdictional Objections
Brief: Almaden Files Memorial Documentation For $1.06 Bln Damages Claim Against Mexico
Brief: Almaden Enters Into Agreement To Sell The Rock Creek Mill