| Risk and valuation analysis of the Caldera Project |
| Status Risk : Brown exploration |
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| Title(s) of the Caldera Project |
 | Almaden Minerals Ltd.
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| The 100% Almaden owned Cadera project was discovered in 2007 during Almaden`s ongoing regional exploration program in Mexico. |
 | Windstorm Resources Inc.
Option on interest: 60% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Windstorm has the right to earn up to a 60% interest in the Caldera project by issuing 1,000,000 shares to Almaden and completing $5,000,000 in exploration work over six years. Of the work requirement, $150,000 is a firm commitment to be spent in the first year of the agreement. This agreement is subject to TSX Venture Exchange approval. |
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| Location of the Caldera Project |
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The project is located in Puebla State less than 150 kilometers from the Company’s Caballo Blanco project.
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| Geology of the Caldera Project |
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Hydrothermal alteration typical of high sulphidation epithermal gold-silver environments, including vuggy silica and extensive areas of acid-sulphate alteration, has been identified at the Caldera prospect. This alteration is comparable to that known at Almaden’s Caballo Blanco high-sulphidation gold-silver-copper project in Veracruz State, located less than 150 kilometers away from Caldera.
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