Court ruling not affecting Almaden’s Ixtaca project

Vancouver-headquartered Almaden Minerals on Monday clarified that the mineral claims subject to a court ruling about the constitutionality of the Mexican title system did not form part of the current claims covering its Ixtaca deposit.

A lower court in Puebla state had reportedly ruled that Mexico’s mineral title system was unconstitutional because consultation was not required before granting mineral titles. The court suggests that the government should conduct consultation before the granting of mineral titles.