SC 13D 1 almaden.htm Filed by Filing Services Canada Inc. 403-717-3898

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO

RULE 13d-2(a)


(Amendment No.__________________________)


ALMADEN MINERALS LTD.

_______________________________________________________

(Name of Issuer)


Common Shares

_______________________________________________________

(Title of Class of Securities)


020283107

_______________________________________________________

(CUSIP Number)


Duane Poliquin, 1103-750 W Pender St., Vancouver, B.C., Canada  V6C 2T8

_______________________________________________________

(Name, Address and Telephone Number of Person

Authorized to Receive Communications)


June 17, 2005

________________________________________________________

(Date of Event which Requires Filing of this Statement)



If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  [     ]








  

CUSIP Number:  020283107


1.

Names of Reporting Persons

I.R.S. Identification Nos. of above persons (entities only).


James Duane Poliquin



2.

Check the Appropriate Box if a Member of a Group (See Instructions)


(a)      [   ]

(b)      [   ]



3.

SEC Use Only  ___________________________________________________________



4.

Source of Funds (See Instructions)


PF


5.

Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)   [    ]



6.

Citizenship or Place of Organization


Canadian



Number of

7.

Sole Voting Power  - 2,773,737

Shares

Beneficially

8.

Shared Voting Power   -  69,300

Owned by Each

Reporting

9.

Sole Dispositive Power  - 2,773,737

Person With

10.

Shared Dispositive Power  - 69,300



11.            Aggregate Amount Beneficially Owned by Each Reporting Person   -2,843,037



12.            Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   [    ]




13.

13.            Percent of Class Represented by Amount in Row (11)  - 9.0%



14.

14.            Type of Reporting Person (See Instructions)


                IN






CUSIP Number:  020283107


Item 1.

Security and Issuer


Common shares of Almaden Minerals Ltd. located at 750 West Pender, Suite 1103, Vancouver, B.C., Canada  V6C 2T8


Item 2.

Identity and Background


(a)

James Duane Poliquin

(b)

750 West Pender, Suite 1103, Vancouver, B.C. Canada  V6C 2T8

(c)

Self-employed professional geological engineer, President and Director of Almaden Minerals Ltd.

(d)

No

(e)

No

(f)

Canadian citizen


Item 3.

Source and Amount of Funds or Other Consideration


Personal funds


Item 4.

Purpose of the Transaction


To facilitate funds obtaining share positions without unduly affecting market price.  

 Stock option granted as incentive to increase performance.


Item 5.

Interest in Securities of the Issuer


(a)

2,843,037 (9.0%) including incentive options to acquire 1,251,163 shares

(b)

sole power to vote and direct the vote and dispose or direct the disposition of 2,773,737 shares, shared power to vote or direct the vote and dispose or direct the disposition of 69,300 shares with:

Judy Poliquin

1987 Acadia Road, Vancouver, B.C.  V6T 1R4

Homemaker

No convictions in criminal proceedings

Not part to a civil proceeding of a judicial or administrative body of competent jurisdiction

Canadian citizen

(c)    06/17/05

sold 305,300 shares @ Cdn. $1.81 per share in the public market

        06/17/05

exercised 290,000 incentive options into 290,000 shares @ Cdn. $0.30 per share

        06/17/05

exercised 15,300 incentive options into 15,300 shares @ Cdn. $0.27 per share

06/17/05

granted 240,000 incentive options at an exercise price of Cdn. $1.79 per share


Item 6.

Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer


N/A


Item 7.

Material to be Filed as Exhibits

N/A





CUSIP Number:  020283107


SIGNATURE



After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.


June 21, 2005

DATED:            __________________________

___________


/s/Duane Poliquin

SIGNATURE:  ______________________________________


Duane Poliquin, President

NAME/TITLE:  ___________________________________