- Almaden (AMM) has signed two new agreements with not-for-profit organizations established by communities closest to the Ixtaca project in Puebla State, Mexico
- The not-for-profit organizations have been established by inhabitants of the local towns of Zacatepec and Santa María Zotoltepec
- It sets out the terms of the company’s continued support of local communities human right to water through the immediate improvement of local water infrastructure
- Almaden is an exploration stage company which engages in the exploration and development of properties in Canada and Mexico
- Almaden Minerals Ltd. (AMM) opened trading at C$0.28 per share
Almaden (AMM) has signed two new agreements with not-for-profit organizations established by communities closest to the Ixtaca project in Puebla State, Mexico.
The not-for-profit organizations have been established by inhabitants of the local towns of Zacatepec and Santa María Zotoltepec.
These agreements set out the terms of the company’s continued support of local communities human right to water through the immediate improvement of local water infrastructure. It also establishes a basis for longer-term cooperation, once the Ixtaca project is permitted, on priorities identified through the 2017 EVIS and the ongoing independent Human Rights Impact Assessment commissioned by the company.
The agreements will facilitate the formation and delivery of the Project’s Social Management Plan. It will evolve from the Human Rights Impact Assessment and be mindful of the UN’s Sustainable Development Goals as reflected in the priorities of the UN Agenda 2030.
In Zacatepec, the company has reaffirmed its commitment to work with the “Irrigation Group of Small Producers from Zacatepec A.C.” and Mexico’s water authority. The company will work with them to construct an agricultural water reservoir and related pumping and drip irrigation system to support local farming. The reservoir and infrastructure were completed some time ago, and the company is currently supporting an expansion of the irrigation system.
In Santa María Zotoltepec, the company has signed an agreement with the “United Ejidatarios for the Sustainable Development of Santa María Zotoltepec, A.C.” The company will make an immediate contribution to support the construction of a similar agricultural reservoir and pumping and drip irrigation system. It will have similar characteristics to the one built at Zacatepec. The company will also provide ongoing contributions to support an agro-technological package aimed at sustainable plant nutrition and soil enrichment.
Almaden is an exploration stage company which engages in the exploration and development of properties in Canada and Mexico.
Almaden Minerals Ltd. (AMM) opened trading at C$0.28 per share.