VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/03/12 — The Board of Directors of Altan Nevada Minerals Limited, (TSX VENTURE: ANE) ("Altan Nevada" or "the Company") has authorized the Company to grant 1,837,100 stock options ("Options") to certain directors, officers and consultants of the Company. The Options will: (i) vest over an 18 month period for directors with 33.3% vesting every 6 months and over a 12 month period for officers and consultants with 25%