Anuncio • Apr 29
Almadex Minerals Ltd., Annual General Meeting, Jun 25, 2026 Almadex Minerals Ltd., Annual General Meeting, Jun 25, 2026. Location: british columbia, vancouver Canada Anuncio • Apr 01
Almadex Minerals Ltd. Provides New Hope Drilling, Big Sky Project and General Exploration Update Almadex Minerals Ltd. discussed the Company’s 2026 exploration program progress. Assays received from the initial hole of the New Hope porphyry copper-gold Project, Arizona, first pass drilling program with phyllic alteration and high level veining encountered to 384 meters. Drilling complete on second hole. Magnetics and mapping suggest that the New Hope drilling to date is on the western edge of a 2.5 km x 0.75 km area of mapped phyllic and remnant lithocap porphyry alteration. Surface sampling at the Big Sky epithermal gold-silver Project, New Mexico, returns further significant results. Induced Polarisation (IP) Geophysical survey to commence at the Rattlesnake porphyry-epithermal Project, Arizona. Drone magnetics completed at the New Hope, King and Rattlesnake Projects. Regional generative exploration program ongoing. The Company has received further rock chip sampling results from the Big Sky epithermal gold-silver Project, New Mexico, as discussed in more detail below. Drone based magnetic surveys have been completed at the Company’s King, New Hope and Rattlesnake porphyry copper-gold prospects. The data is being analysed and compiled with other datasets. An IP geophysical survey will commence shortly at the Rattlesnake Project, Arizona. The New Hope project covers a large (2.5 by 0.75 km) area of mapped phyllic and remnant lithocap porphyry alteration. Recent drone-based magnetics suggest that the drilling to date is on the western edge of the alteration zone and a broad magnetics low associated with this alteration zone. Assay results have been received from the first hole of the current drill program at New Hope. Drilling of a second hole is now complete. The first hole intersected andesite porphyry affected by moderate to strong phyllic alteration and zones of quartz veining to 384 meters when, after a zone of faulting and brecciation, propylitic to potassic alteration was encountered. Within the phyllic alteration, pyrite contents were up to an estimated 7%. Quartz veining occurs largely as hairlines with pyrite, with some that resemble the high level veining seen at surface above the hole, and others with banded textures and fine pyrite. These latter veins are interpreted to be those typically seen in shallowly emplaced porphyry systems, formed by the flashing of high temperature fluids potentially above the level of copper mineralisation. The propylitic alteration encountered at depth is associated with pyrite, magnetite and some pyrite-base metal veins with potassic selvages. Anomalous gold was encountered in several short sections of veining within the phyllic altered zone. While no significant copper mineralisation was encountered, the first hole has confirmed a large porphyry alteration system is present. The second hole of the program is complete and was drilled on the same section as the first. Once assays are received and compiled from the second hole, next steps will be planned. Further induced polarisation (“IP”) geophysics is planned in the near term to explore for chargeability and resistivity responses to the east and northeast of the first two drillholes. The Big Sky high sulphidation epithermal gold-silver project is located in western New Mexico and covers an area of advanced argillic alteration and silicification hosted in rhyolite volcanics and limestone. In 2025 Almadex announced the results from 57 grab rock samples taken from outcrop and subcrop (grab samples are selected samples and may not represent true underlying mineralisation). These preliminary results were very encouraging as 19 of these samples returned over 0.1 g/t gold with 4 returning more than 1 g/t gold (up to 3.5 g/t gold and averaging 0.26 g/t gold for all 57). The better values were returned from zones of brecciation that are part of several parallel silicified ridges that have been identified in the preliminary work. Soil sampling showed elevated gold and epithermal suite elements in proximity to the gold in rock results. Together these results helped define a broad area of prospectivity surrounding the outcrops mapped to date. Further prospecting to the northeast was recently carried out and an additional 87 rock chip samples from outcrop were taken returning up to 1.8 g/t gold and averaging 0.1 for all 87 (ranging from below detection to 1.8 g/t). These new samples expand the area of potential, and the Company is now planning to conduct further IP geophysical surveying to help define drill targets. The Company looks forward to reporting further results from this year’s work plan as it progresses throughout 2026. Anuncio • Feb 04
Almadex Minerals Ltd. Announces Drilling Underway at the New Hope Copper Porphyry Project, Arizona, USA Almadex Minerals Ltd. announced that drilling has recommenced at the Company's wholly owned New Hope copper-gold Project in Arizona. The first hole of the program is underway once again after it was initially collared in December of 2025 prior to the Christmas break. This first hole is targeting an area of veining mapped at surface that is coincident with an IP chargeability geophysical anomaly identified by the Company in earlier work. Further drilling plans will be made based on the geological observations made in the first hole upon completion. The 958.7 hectare New Hope project is located in southeastern Arizona, near several large porphyry copper deposits currently being mined including Lone Star (approximately 35 kilometres away) and Morenci (approximately 50 kilometres away). The project covers a roughly 3.5 by 1.5 kilometre area of intense hydrothermal alteration developed in volcanic rocks and crosscutting intrusive dykes. The observed hydrothermal alteration is characteristic of the upper levels of a porphyry system. The project was acquired in 2023 by staking and broad scale mapping of the lithocap has been carried out over much of the property. Within the area mapped, exposed advanced argillic alteration was identified to the northeast, and to the southwest an exposed set of porphyry-related veinlets was defined in limonitic alteration. This zone of quartz veining is currently interpreted to represent a potential centre to the porphyry system at New Hope. The observed zone of veining is an approximately 600 metre in diameter semi-circular area. The veins and veinlets are sheeted light to dark black, semi-trans transparent quartz and magnetite with banded textures. fluid inclusion petrography on these veinlets indicate that they were formed by vapour rich fluids. These types of veinlets are interpreted to be typical of shallow-level emplaced porphyry systems and above the level at which main stage porphyry-style copper-gold mineralisation is to be expected. Within this broader area, two inner zones about 200 metres and 100 metres in diameter were mapped where veinlet densities of greater than 10 per metre were observed. Lithocaps are extensive areas of hydrothermally altered rocks that occur above or adjacent to intrusive rocks and related porphyry deposits. The hydrothermal alteration forms when ascending high temperature magmatic fluids are released from the source intrusion below and alter permeable and reactive rocks occurring above. Lithocaps can be over 10 by 10 km in surface area and over 1 km thick. The alteration mineral assemblages vary, usually with distance from the intrusive source. Often more neutral and higher temperature stable alteration mineral assemblages are seen at depth, closer to the source intrusion and potential porphyry deposit. This portfolio is the direct result of many years of prospecting and deal-making by Almadex's management team. Anuncio • Jan 23
Almadex Minerals Ltd. Discusses Exploration Plans for 2026 Almadex Minerals Ltd. discuss the Company's 2025 exploration program and its plans for 2026. While the Company holds important assets in Canada such as the Logan Zn-Ag project, its current exploration efforts are focussed on precious and base metals in the western USA. A large amount of successful generative work was completed in 2025 resulting in several new early-stage project acquisitions. At the same time the Company's existing exploration project portfolio was significantly advanced. The Company anticipates that 2026 will be a significant year, with first pass drilling programs being planned for several projects within its portfolio. The Company has a full portfolio of exciting recently acquired early-stage projects. Drilling to test this portfolio will commence in 2026; The company focussed on large targets: porphyry copper-gold and epithermal gold-silver systems in the western USA and have developed a proprietary model for seeking magmatism related to these systems; Almadex is well funded to carry out generative and first pass drilling programs on its own projects. 2025 was a transitional year for generative work and non-dilutive growth in working capital. Summary of 2025 Work Program. In 2025, the Company continued its generative exploration efforts resulting in the acquisition of several new epithermal gold-silver and porphyry lithocap exploration projects as well as a project prospective for rare earth elements. Three projects were optioned in 2025 to Azucar. Company's legacy Paradise project which covers a large porphyry lithocap alteration system in Nevada. All data and analysis have been received and completed from the final Paradise drilling program which stopped early due to losing the final drill hole. As previously announced, porphyry alteration was encountered with related brecciation and weak mineralisation, however no firm vectors were th generated from this work. While the Company is considering the next steps for the Paradise project, first pass drilling efforts shifted to the Company's New Hope porphyry prospect in Arizona, where drilling commenced in late 2025 prior to the Christmas break. In 2025, exploration work was conducted on several projects in the portfolio to advance them towards drill permitting. To begin with, drilling is anticipated to recommence in the coming days at the New Hope porphyry prospect In Arizona where mapped veining at surface and an IP chargeability feature has helped define an exciting porphyry target. The Company's initial exploratory drill program began in December 2025. Beyond this New Hope program, the th sequence of drilling and timing are dependent on results, logistics and other factors, and are subject to short notice change. At this time the Company hopes to do drilling and or conduct focussed exploration on the following highlighted projects: Ruby Hill Epithermal Silver-Gold Project, Nevada. The Company has filed a notice to conduct drilling in an area of the project where filing a notice is applicable. Big Sky Epithermal Gold-Silver Project, New Mexico. The Big Sky high sulphidation epithermal gold-silver project is located in western New Mexico and covers an area of advanced argillic alteration and silicification hosted in rhyolite volcanics. In 2025 Almadex announced the results from 57 grab rock samples taken from outcrop and subcrop (grab samples are selected samples and may not represent true underlying mineralisation). Rattlesnake Porphyry-Epithermal Project, Arizona. The Rattlesnake Property is a newly acquired porphyry lithocap project. Advanced argillic alteration has been mapped in volcanics along with zones of crosscutting altered dykes. Stockwork and silver-lead-zinc bearing quartz-calcite veining is associated with the dyke zones while elevated copper is associated with the quartz-alunite altered ribs. On October 9th Almadex discussed in a news release preliminary assay results for rock samples collected on the Property. The results from the preliminary sampling were very encouraging and support the interpretation that the Rattlesnake property represents a preserved porphyry lithocap environment. All statements within it, other than statements within it, other than statement within it, other statements within it, other than Statements within it, the Company is focused on the Company is focused on the current statements within it, the Company is on the Company is considering the Company is considering the Company. The Company is considering the Company's generative exploration efforts. Anuncio • Dec 16
Almadex Minerals Ltd. Commences Diamond Drilling at the New Hope Copper Porphyry Project, Arizona, USA Almadex Minerals Ltd. announced that it has started a scout exploration drill program at the Company's wholly owned New Hope copper-gold porphyry prospect in Arizona. The initial hole of the program is not expected to be completed before the Christmas break. Further drilling plans will be made based on the geological observations made in the first hole upon completion in the New Year. Anuncio • Nov 07
Almadex Announces Plans to Drill New Hope Porphyry Project, Arizona and Provides Paradise Drill Program Update Almadex Minerals Ltd. provided an update from its scout drilling program at the Paradise Project Nevada as well as its current drilling plans for the remainder of 2025. Results from the third hole of the Paradise program have been received, however the drilling program has been paused after losing the fourth hole due to poor drilling conditions before the target depth. The Company plans to next move its exploration rig and team to its New Hope porphyry copper-gold project in Arizona where the Company has permitted drill holes to test a zone of porphyry related veining mapped at surface and a nearby IP chargeability anomaly. The Company hopes to conduct a first pass drill program at New Hope, possibly before year end depending on certain logistical matters. As more fully described below, the Company is embarking on systematically drill testing its early-stage portfolio with first pass scout drilling on the projects where drill targets have been defined and permitted. The four hole vectoring drill program was designed to test different parts of the lithocap at Paradise where high temperature alteration, high chargeability and magnetic features have been mapped in previous geophysical, geochemical and geological programs conducted by the Company. All four holes in this 2025 program were planned in different parts of this large (currently mapped at 4.5 by 1.8 km) porphyry lithocap alteration zone. The Company has received results from the third scout hole, drilled in a previously untested part of the property, to the northwest of any previous drilling. This hole intersected propylitic alteration overprinted by zones of phyllic alteration with high pyrite. Several geochemically anomalous zones were intersected including 1.60 metres @ 0.48 g/t gold (from 480.40 to 482.00 metres depth) and 0.50 metres of 0.47 g/t gold (from 468.90 to 469.40 metres depth). Drilling was initiated on the fourth hole of the program however this hole was lost in very difficult drilling conditions and faulting prior to reaching its target depth. The hole was collared in argillic alteration, passed through a fault contact into propylitic alteration and then was lost after entering a zone with of segments of weak to moderate phyllic alteration. The Company has paused drilling work for drill crew breaks and to better plan a follow-up drill program in the future. The fourth hole was designed to target IP geophysics, advanced argillic alteration at surface and the edge of a magnetic anomaly at depth but did not reach the target depth. The Company has also received approval for a potential fifth drill site which would target both high magnetics and chargeability at depth. A suite of samples for petrographic analysis has been assembled. Exploring in the upper, often barren, tops of porphyry systems in the last decade has shown to have revealed large discoveries globally. Almadex's team is focussed on such exploration for buried deposits in the western USA and over three years has assembled this important exploration portfolio of porphyry lithocap altered zones. The Company is financed to conduct first pass drilling and plans to automatically carry out vector type drill programs over each of its projects. These drill programs are designed to test these projects for mineralisation, and as such are discovery oriented. But these scout drilling programs are intended to provide important early-stage three-dimensional geological information and a vector for future drilling on each project as well as prioritise the property portfolio. When all data is received and reviewed for each scout drill program, the Company has been received and reviewed for each scout drilling program, the Company has been completed. Anuncio • Oct 10
Almadex Minerals Ltd. (TSXV:DEX) acquired 100% interest in Rattlesnake, Arizona Porphyry-Epithermal Project. Almadex Minerals Ltd. (TSXV:DEX) acquired 100% interest in Rattlesnake, Arizona Porphyry-Epithermal Project on October 9, 2025. The project was acquired by staking.
Almadex Minerals Ltd. (TSXV:DEX) complete the acquisition of 100% interest in Rattlesnake, Arizona Porphyry-Epithermal Project on October 9, 2025. Anuncio • Oct 04
Almadex Minerals Ltd. Announces Resignation of Douglas Mcdonald as Director and Executive Vice President, Effective October 2, 2025 Almadex Minerals Ltd. announced that Douglas McDonald has resigned from all his roles in the Company, including as Director and Executive Vice President, effective October 2, 2025 but will continue in an advisory role to support related succession initiatives and ongoing business activities. Anuncio • Sep 26
Almadex Minerals Ltd. Provides Paradise Drilling Update and Discusses Davis High Grade Gold and Silver Targets Almadex Minerals Ltd. provided a review of past and current exploration activity at the Davis and Paradise Projects, Nevada. In 2019, Almadex consolidated the Davis-Paradise Valley area by optioning the Davis property from the underlying owners. The Davis claims ad join the Paradise Valley property which had been staked by Almadex. Almadex's team is focussed on such exploration for buried deposits in the western USA and over three years has assembled this important exploration portfolio of porphyry lithocap alteration zones. The Company is financed to conduct first pass drilling and plans to systematically carry out vector type drill programs over each of its projects. These drill programs are designed to test these projects for mineralisation, and as such are discovery oriented. But these scout drilling programs are intended to provide important early-stage three-dimensional geological information and a vector for future drilling on each project as well as prioritize the property portfolio. Such drilling is underway at the Paradise porphyry lithocap project, progress from which is discussed below. A review of some of the targets defined at the Paradise Project and the joining Davis Project is also provided below along with a map showing data discussed in this release from both projects. Paradise Drilling Activities: Almadex has completed the drilling of a third hole at the Paradise porphyry Lithocap exploration target and will shortly commence a fourth hole in this 2025 vectoring drill campaign. All four holes in this 2025 program were planned in different parts of this large (currently mapped at 4.5 by 1.8 km) alteration zone. The program was designed to test different parts of the lithocap where high temperature alteration, high chargeability and magnetic features have been mapped in previous geophysical, geochemical and geological programs conducted by the Company. Subsequently the Company carried out an IP geophysical survey which identified a chargeability feature partially associated with the older metasediments and with high grade grab samples taken from surface reported previously (see Almadex news release of September 22, 2022) including 18.5 and 36.3 g/t gold). The coincident IP anomaly and surface veining make this area a priority for follow up mapping to better understand the IP anomaly and if it relates to the high-grade surface samples. This zone is roughly 540 metres north of where in 2022 Almadex drilled two holes on a section beneath the Davis vein zone and historic mine. Highlights from this drill program included 0.80 metres of 17.1 g/t gold and 10.3 g/t silver, 1.70 metres of 11.8 g/t gold and 68.2 g/t silver and 13.70 metres of 2.3 g/t gold and 24.1 g/t silver in the top hole (DP-22-001) and 2.10 metres of 5.7 g/t gold and 22.3 g/t silver and 6.65 metres of 1.9 g/t gold and 11.9 g/t silver in the deeper hole (DP-22-002; see Almadex news release of July 15, 2022). Roughly three kilometres to the southwest, at the Peppercorn showing chip samples returned 0.4 metres of 1.9 g-t gold and 1330 g/t silver, 0.2 metres of 2.0 g/t gold and 415 g/t silver and a grab sample returned 6.0 g/t goldand 2410 g/t silver. Both these areas and others highlight the multi target nature of this Project. Anuncio • Sep 19
Almadex Minerals Ltd. Provides Paradise Drilling Update and Regional Exploration Progress Report Almadex Minerals Ltd. provided an update on recent and planned exploration activity. Paradise Drilling of a third hole at the Paradise porphyry lithocap exploration target has commenced and a fourth hole is planned for this 2025 vectoring drill campaign. All four holes in this 2025 program were planned in different parts of this large (currently mapped at 4.5 by 1.8 km) alteration zone. The program has been designed to test different parts of the lithocap where high temperature alteration, high chargeability and magnetic features have been mapped in previous geophysical, geochemical and geological programs conducted by the company. Assays from the first hole in the program have now been received. While there are no significant intervals to report from this hole which hit largely distal propylitic alteration, with some intervals of overprinting phyllic alteration, it provides important information for the vectoring efforts in the Paradise lithocap. When complete results are received and interpreted, the Company will provide an update. Project Level Exploration Activities: The Company has ongoing project level field work programs underway. IP geophysical survey work has recently been completed at the Company's Pilot, Confusion Hills and Red Ring projects. A single test line designed to enhance targeting was completed on each project. All three lines returned chargeability anomalies that help refine the targets already identified. Surface geochemical sampling and mapping at the Bald Valley, White Plains and Red Antler projects are being compiled but anomalous trace elements have been returned from the three projects. The results to date highlight high sulphidation style alteration interpreted to be related to a porphyry lithocap setting at Bald Valley and White Plains while a low sulphidation epithermal vein system has been identified at Red Antler. Further work is underway at Bald Valley, with near term programs planned for White Plains and Red Antler which include IP geophysical test lines allowing for preliminary first pass drill plans to be drawn up for permitting. Lithocaps are extensive areas of hydrothermally altered rocks that occur above or adjacent to intrusive rocks and related porphyry deposits. The hydrothermal alteration forms when ascending high temperature magmatic fluids are released from the source intrusion below and alter permeable and reactive rocks occurring above. Lithocaps can be over 10 by 10 km in surface area and over 1 km thick. The alteration mineral assemblages vary, usually with distance from the intrusive source. Often more neutral and higher temperature stable alteration mineral assemblages are seen at depth, closer to the source intrusion and potential porphyry deposit. More acidic and lower temperature stable assemblages generally occur higher and farther away. Mapping of alteration mineralals and geochemical analysis using soil and rock samples can map these changes in mineralogy. This mapping can then provide a vector towards potential underlying porphyry systems. If large areas of lithocap alteration are well preserved, they can obscure deep unexposed porphyries and other styles of mineralisation. If no mineralisation is present at surface, drilling based on geochemical and alteration vectors aided by geophysical data is the best way to explore for buried deposits. The wholly owned 1,547 hectare Paradise property covers a roughly 4.5 by 1. 8 kilometre area of exposed intense hydrothermal alteration developed in volcanic rocks. This alteration zone which includes quartz-alunite, pyrophyllite and diaspore is typical of high-sulphidation environments forming above porphyry copper-gold systems. The alteration has been mapped by Almadex using a Terraspec infrared spectrometer. This work, using rock chip spectral data points has defined a well-preserved porphyry lithocap with alunite core zones (with increasing Na-composition) haloed by pyrophyllite, dickite then hypogene kaolinite. Surrounding the acid sulphate zones, the company will provide an update. Anuncio • Sep 04
Almadex Minerals Ltd. Provides Exploration and Drilling Update and Plans for Remainder of 2025 Almadex Minerals Ltd. provided an update on recent and planned exploration activity for the remainder of 2025. As previously announced upon commencement, Almadex has now completed the drilling of two diamond drill holes at its wholly owned porphyry lithocap target on the Paradise Project, Nevada. Drilling of a third hole will commence shortly. Assays are pending from this program. When complete results are received and interpreted the Company will provide an update. Almadex also anticipates that a first pass drilling program on one of the projects optioned by Azucar Minerals upon approval of the agreement by the TSX Venture Exchange. In addition the Company plans to conduct first pass drilling on the porphyry target the Company has developed on its New Hope, Arizona project later in the year. The Company continues to conduct regional generative exploration desktop and field activities. This work has resulted in the acquisition of several new projects in 2025 including the Red Antler, Utah and Ruby Hill, Nevada Epithermal silver-gold projects and a rare earth exploration project in New Mexico. The Company is hopeful that the ongoing work will continue to identify projects of merit for acquisition. Project Level Exploration Activities: The Company has ongoing project level field work programs underway. Recently and in the near term this has or will include field work on the Bald Valley and White River projects, Nevada, Red Antler Project, Utah and Big Sky project, New Mexico. This work is designed to help define drill targets for first pass conceptual drilling. Results will be reported when received and compiled. Lithocaps are extensive areas of hydrothermally altered rocks that occur above or adjacent to intrusive rocks and related porphyry deposits. The hydrothermal alteration forms when ascending high temperature magmatic fluids are released from the source intrusion below and alter permeable and reactive rocks occurring above. Lithocaps can be over 10 by 10 km in surface area and over 1 km thick. The alteration mineral assemblages vary, usually with distance from the intrusive source. Often more neutral and higher temperature stable alteration mineral assemblages are seen at depth, closer to the source intrusion and potential porphyry deposit. More acid and lower temperature stable assemblages generally occur higher and farther away. Mapping of alteration minerals and geochemical analysis using soil and rock samples can map these changes in mineralogy. This mapping can then provide a vector towards potential underlying porphyry systems. If large areas of lithocap alteration are well preserved, they can obscure deep unexposed porphyries and other styles of mineralisation. If no mineralisation is present at surface, drilling based on geochemical and alteration vectors aided by geophysical data is the best way to explore for buried deposits. The wholly owned 1,547 hectare Paradise property covers a roughly 4.5 by 1.8 kilometre area of exposed intense hydrothermal alteration developed in volcanic rocks. This alteration zone which includes quartz-alunite, pyrophyllite and diaspore is typical of high-sulphidation environments forming above porphyry copper-gold systems. The alteration has been mapped by Almadex using a Terraspec infrared spectrometer. This work, using rock chip spectral data points has defined a well preserved porphyry lithocap with alunite core zones (with increasing Na-composition) haloed by pyrophyllite, dickite then hypogene kaolinite. Surrounding the acid sulphate zones are associated with the acid sulphate zones are also associated with the alteration. Anuncio • Aug 21
Almadex Minerals Ltd. Provides Review of Spences Bridge Gold Belt Projects in Southern British Columbia Almadex Minerals Ltd. provided an overview of its wholly owned Nicoamen and Merit Projects, located within the Spences Bridge Gold Belt in southern British Columbia. The Spences Bridge Gold Belt is a 110 km northwest-trending belt in southern British Columbia, underlain by Cretaceous-aged volcanic rocks of the Spences Bridge Group. These rocks are highly prospective for low-sulphidation epithermal gold-silver mineralization. Although historically underexplored, the belt has gained attention following recent high-grade gold discoveries like Westhaven Gold's Shovelnose Project, making it a focus for renewed exploration activity. To date, approximately CAD 55 million has been invested in exploration at the Shovelnose Property. In a news release dated March 3, 2025, Westhaven announced an updated Preliminary Economic Assessment (PEA) outlining a robust, low-cost, high-margin underground gold mining operation with a rapid payback period and an estimated mine life of 11.1 years. Previous work on the property is documented in a British Columbia Assessment Report filed by Almaden Minerals Ltd., titled "2014 Exploration Drilling Program, Merit Gold Property, British Columbia, Canada", dated May 27, 2015. Key highlights are summarized below. The Merit Property was staked in late 2004 following encouraging results from prospecting and reconnaissance stream sediment, soil, and rock sampling, which led to the discovery of multiple zones of alteration and mineralization, the most prominent being Sullivan Ridge. Sullivan Ridge is characterized by strong silica and carbonate (ankerite) alteration of andesitic breccias and is host to a 1-2 metre wide, north trending, gold-bearing quartz vein zone. A 2005 trenching program across this quartz zone returned anomalous gold values such as 7.24 g/t gold over 1.8 metres, including 15 g/t gold over 0.6 metres. Subsequent work on the property included a 2010 Induced Polarization geophysical survey which identified a number of high contrast resistivity anomalies, including one below Sullivan Ridge, and a 2014 two-hole diamond drill program targeting mineralization below Sullivan Ridge. The drilling program returned narrow intercepts of gold mineralization, including 0.5 metres grading 0.439 g/t Au and 0.49 metres grading 0.246 g/t Au, which provide valuable geological information to guide future exploration. The most recent work on the Property was carried out by Independence Gold Corp. ("IGO") under an option agreement that granted them the right to earn a 60% interest in the Merit Property. Before the agreement was terminated in early 2022, IGO conducted a ground magnetic survey across the entire property, along with geological mapping and rock geochemical sampling. According to IGO's October 8, 2020 news release, sampling of low-sulphidation quartz veins at Sullivan Ridge returned assays of up to 9.5 g/t gold and 341 g/t silver. Anuncio • Jun 05
Almadex Minerals Ltd. (TSXV:DEX) acquired Ruby Hill Silver-Gold Exploration Project. Almadex Minerals Ltd. (TSXV:DEX) acquired Ruby Hill Silver-Gold Exploration Project on June 4, 2025.
Almadex Minerals Ltd. (TSXV:DEX) completed the acquisition of Ruby Hill Silver-Gold Exploration Project on June 4, 2025. Anuncio • May 15
Almadex Minerals Ltd. Provides an Update on Recent Exploration Activity At Its Porphyry lithocap Target on the Paradise Project, Nevada Almadex Minerals Ltd. provided an update on recent exploration activity at its porphyry lithocap target on the Paradise Project, Nevada which has helped vector towards a potential porphyry core. Previous work carried out by Almadex includes extensive mapping, soils and the drilling of two holes on the northwest portion of the lithocap in 2024. These two holes confirmed the presence of porphyry veining but were interpreted to have intercepted a more distal part of the porphyry system. Recent work reported here includes prospecting and detailed mapping within the lithocap alteration zone along with drone based (UAV) magnetics and ground IP surveys. The porphyry lithocap has potential for three styles of mineralisation; high sulphidation gold hosted in quartz-alunite alteration, porphyry related mineralisation underlying and adjacent to the high sulphidation system, and gold-silver in epithermal veins that crosscut both. Almadex is currently designing a 2025 drill program to test for both high sulphidation gold and copper-gold porphyry potential. Almadex currently holds an approved drill permit for drill testing at Paradise. The magnetics survey defined two separate areas of magnetic low responses within the mapped lithocap that is hosted by andesitic country rocks. One of these magnetic low zones is part of an asymmetric signature with an adjacent magnetic high. Five new IP lines were surveyed over the lithocap and covered the newly identified magnetic low features and zones of brecciation. This new IP work identified elevated chargeability coincident with the areas of low magnetic responses. Hydrothermal brecciation, boxwork after sulphides and historic workings were recently identified as part ofussed field mapping near these areas of magnetic low responses. Rock chip sampling results have been compiled from all past work on the Paradise project by Almadex including new sampling. To date 238 grab rock samples have been taken from outcrop, subcrop and float (grab samples are selected samples and may not represent true underlying mineralisation). The results are very encouraging as they averaged 0.35 g/t gold, with 48 of these samples returning over 0.1 g/t gold and 16 returning more than 0.5 g/t gold (up to 23.7 g/t gold). Anomalous copper and molybdenum values have also been returned from different parts of the area of lithocap alteration. Plan maps showing the magnetic anomalies, location of IP lines and recent mapping along with IP sections illustrating the targets are attached to this news release. Anuncio • Apr 29
Almadex Minerals Ltd., Annual General Meeting, Jun 26, 2025 Almadex Minerals Ltd., Annual General Meeting, Jun 26, 2025. Location: british columbia, vancouver Canada Anuncio • Apr 24
Almadex Minerals Ltd. Defines Large IP Geophysical Anomaly at the New Hope Copper Porphyry Project, Arizona, USA Almadex Minerals Ltd. provided a summary of recent exploration results from the Company's wholly owned New Hope copper porphyry project in Arizona. A focussed one line IP chargeability and resistivity survey was recently carried out. The line was surveyed using the Company's highly experienced in house team and equipment, a 5 kW GDD transmitter and Iris Elrec-6 receivers using a 100 m dipole in a pole-dipole array on 8 levels. Pseudo sections were prepared and the data was inverted using RES2DINV software. The line was surveyed across the approximately 600 metre diameter area where sheeted quartz +/- magnetite veining was previously mapped. This veining has been interpreted to represent the upper portion of a shallowly emplaced and highly preserved porphyry copper system. The results of the geophysical survey outlined an anomaly over 1 kilometre wide defined by elevated chargeability, and coincident with the area of outcropping veins. Almadex is very encouraged by these results which provide further focus for a potential future first pass drilling program to test for a copper porphyry at depth. Almadex has an approved drill permit to conduct first pass drilling on the project. Compiled geophysical, geochemical and geological results will be posted to Almadex's website. Geophysical surveys are not definitive, and the results are still at an early stage of interpretation, with no guarantee of a mineral discovery. This mapping can then provide a vector towards potential underlying porphyry systems. If large areas of lithocap alteration are well preserved, they can obscure deep unexposed porphyries and other styles of mineralisation. If no mineralisation is present at surface, drilling based on geochemical and alteration vectors aided by geophysical data is the best way to explore for buried deposits. Anuncio • Apr 16
Almadex Provides Exploration Update on Its Confusion Hills and Red Ring Gold Projects, Nevada, Surface Sampling Returns 7.1 G/T Gold Almadex Minerals Ltd. announced that it has received results from surface exploration geological and geophysical work on its wholly owned Confusion Hills and Red Ring projects near Tonopah, Nevada. Both projects cover gold-silver early-stage exploration targets and were acquired by staking. Summaries of the work and results returned to date are as follows. Confusion Hills Epithermal-Porphyry Gold Project: The Confusion Hills high sulphidation Prospect covers a large alteration zone developed in volcanic rocks. To date 107 grab rock samples have been taken from outcrop and subcrop and float (grab samples are selected samples and may not represent true underlying mineralisation). These preliminary results are very encouraging as 6 of these samples returned over 0.1 g/t gold with 3 returning more than 0.5 g/t gold (up to 7.1 g/t gold in a grab sample of subcrop and averaging 1.6 g/t gold for all 6). Mapping in 2024 and 2025 has defined a high sulphidation/porphyry lithocap over an area of 1.6 km x 0.5 km. The lithocap displays complex alteration with central zones of vuggy quartz with alunite and massive pyrophyllite zones. Soil sampling was carried out in 2024 and returned anomalous Au, Mo and Cu with an association of Au within the central zone of alteration and a Mo anomaly on one edge. Recently a two line test IP geophysical survey was conducted which identified a high chargeability feature (interpreted to represent sulphide development) directly beneath the area of quartz alunite alteration and high gold in grab samples at surface. A drone based mag survey has also been conducted to aid with interpretation. The Company has a drill permit in hand to allow first pass drill testing of the target now defined by surface alteration, surface gold rock and soil results and an IP target at depth. The Company plans to conduct first pass drilling on the project in 2025. A plan and section illustrating the target are attached to this release. Red Ring Epithermal-Porphyry Project: The Red Ring prospect covers an area of hydrothermal alteration developed in volcanic rocks adjacent to carbonate rocks. Alteration mapping in 2024 identified a large alteration zone interpreted to be a porphyry lithocap extending 2.8 km NW-SE and by at least 1 km NE-SW. Mapping also defined a very strong surface pyrophyllite footprint of 1 km (NW-SE) by 0.5 km (NE-SW). Preliminary rock sampling returned high values of pathfinder trace elements typically associated with the lithocap alteration identified. Soil sampling conducted in 2024 also highlighted areas of anomalous trace elements indicative of a high sulphidation environment above or near a porphyry system. Further mapping, sampling and a drone based mag survey have recently been carried out. More geological fieldwork, mapping and sampling is necessary in order to better define this large alteration zone to help with future more focussed exploration. This follow up work is planned for 2025. Anuncio • Dec 03
Almadex Minerals Ltd. Provides Exploration Update, Commences Geophysical Surveys at Pilot and Paradise-Davis Project, Nevada Almadex Minerals Ltd. provided an update on its western USA exploration activities. The Company has completed a planned drill hole at the north end of the Sinter Zone at its Paradise-Davis Project, Nevada. Drilling conditions were challenging as the hole hit an unexpected fault zone. This faulting has clearly moved geologic units at the north end of the trend of epithermal veining. Drilling has ceased for 2024 and further work will be planned after all results have been received and interpreted. The Sinter Zone covers an area of high-level epithermal alteration and veining as described in more detail below. Mapping of alteration and textures on this target has identified features typical of the surficial expression of an epithermal system. At present two geophysical survey lines of induced polarisation (IP) are planned before year end over the sinter target. It is hoped that this work will better define the geology for targeting this large area with further exploration drilling. Exploration work continues on the Company’s portfolio of early-stage copper-gold targets. This includes work on the Pilot copper-gold porphyry target in Nevada where the company has identified porphyry style veining and a soil anomaly defined by elevated gold, copper, molybdenum. Almadex is currently carrying out an IP surface geophysical survey and a drone based magnetic susceptibility survey over the area of alteration, veining and elevated soils. It is anticipated that these geophysical surveys will help define discrete drill targets for a future first pass drill program. Almadex currently has crews in the field working on the ongoing generative exploration program focussing on new gold and copper-gold potential in the western USA. About the Sinter Zone, Paradise-Davis Project: The Sinter Zone is located adjacent and to the north of the porphyry lithocap area and is interpreted to represent a separate hydrothermal system. The Sinter Zone covers an area of subcrop boulders of sinter (surface hotspring silica deposit) material, hydrothermal brecciation and epithermal quartz veining. Old workings, epithermal alteration and veining occur over roughly 3 km along a northeast trend. Past sampling in the sinter zone includes 30 surface samples taken in 2022 that averaged 0.2 g/t gold and 2.2 g/t silver including a 30 cm chip sample of a banded vein crosscutting the sinter which returned 1.2 g/t gold and a grab from a silicified breccia which returned 1.5 g/t gold. Recent mapping and prospecting along this trend have identified banded quartz veins and veinlets along strike and to the south of the Sinter Zone. The scale of the vein system and epithermal alteration is encouraging. The Company has obtained partial assay results from an RC drill program conducted in the area in the early 1990s which indicate some of the holes returned anomalous gold over short intervals which confirms that the epithermal system is gold and silver bearing. Anuncio • Nov 15
Almadex Minerals Ltd. Commences Drilling on the Sinter Zone, Paradise-Davis Project, Nevada Almadex Minerals Ltd. announced that it has commenced a diamond drilling program at the Sinter Zone at its Paradise- Davis Project, Nevada. Almadex hopes to drill two holes in the sinter zone before the end of the year. The sinter zone covers an area of high level epithermal alteration and veining. Mapping of alteration and textures on this target has identified features typical of the surficial expression of an epithermal system. The drilling will target feeder veins beneath this alteration. The sinter zone is located adjacent and to the north of the porphyry lithocap area and is interpreted to represent a separate hydrothermal system. The sinter zone covers a area of subcrop boulders of sinter (surface hotspring silica deposit) material, hydrothermal brecciation and epithermal quartz veining. Old workings, epithermal alteration and veined occur over roughly 3 km along a northeast trend. Past sampling in the sinter zone includes 30 surface samples taken in 2022 that averaged 0.2 g/t gold and 2.2 g/t silver including a 30 cm chip sample of a banded vein crosscutting the sinter which returned 1.2 g/t gold. Recent mapping and prospecting along this trend have identified banded quartz veins and veinlets along strike and to the south of the sinter zone. The scale of the vein system and epithermal alteration is encouraging. The Company has obtained partial assay results from an RC drill program conducted in the area in the early 1990s which indicate some of the holes returned anomalous gold over short intervals which confirms that the epithermal system is gold and silver bearing. Morgan J Poliquin, PhD, PEng, the President and CEO of Almadex and a Qualified Person as defined by National Instrument 43-101 ("NI 43-101"), has reviewed and approved the scientific and technical contents of this news release. The analyses reported were carried out at ALS Chemex Laboratories of Reno, Nevada using industry standard analytical techniques. For gold, samples are first analysed by fire assay and atomic absorption spectroscopy ("AAS"). Samples that return values greater than 10 g/t gold using this technique are then re analysed by fire assay but with a gravimetric finish. Silver is first analysed by Inductively Coupled Plasma - Atomic Emission Spectroscopy ("ICP-AES"). Anuncio • Oct 09
Almadex Minerals Ltd. Provides Update on Its Paradise Project, Nevada Almadex Minerals Ltd. provided an update on the recently completed diamond drilling program at its Paradise Project, Nevada as well as results of recent surface exploration which have enhanced the sinter zone low sulphidation epithermal gold silver vein target on the project. Paradise Drilling Program: Almadex completed a two hole 1,679.65 metre exploratory diamond drilling program on its Paradise Project in Nye County Nevada and complete assay results have now been received. The two drillholes successfully confirmed that the Paradise lithocap is associated with a porphyry system at depth. Both holes intersected advanced argillic alteration hosted by andesite, zones of crosscutting hydrothermal brecciation and narrow porphyry fingers. The advanced argillic alteration includes zones of quartz-pyrophyllite and kaolinite-dickite which have been identified to the bottom of the holes. The narrow porphyry intrusions are associated with sodic-calcic and minor potassic alteration overprinted by advanced argillic alteration. While there are no significant intervals of copper to report, narrow intervals of visible chalcopyrite were seen. The Company is encouraged by these results since they prove that the alteration seen at surface, without any evidence of porphyry veining, is the upper expression of a porphyry system at depth. Having confirmed that the lithocap has porphyry mineralisation associated with it, the Company is considering next steps for how best to vector towards a porphyry centre within the large alteration zone. Sinter Zone Exploration Program: The sinter zone is located adjacent and to the north of the porphyry lithocap area and is interpreted to represent a separate hydrothermal system. The sinter zone covers an area of subcrop boulders of sinter (surface hotspring silica deposit) material, hydrothermal brecciation and epithermal quartz veining. Old workings, epithermal alteration and veining occur over roughly 3 km along a northwest trend. Past sampling in the sinter zone includes 30 surface samples taken in 2022 that averaged 0.2 g/t gold and 2.2 g/t silver including a 30 cm chip sample of a banded vein crosscutting the sinter which returned 1.2 g/t gold and a grab from a silicified breccia which returned 1.5 g/t gold. Recent mapping and prospecting along this trend have identified banded quartz veins and veinlets along strike and to the south of the sinter zone. The scale of the vein system and epithermal alteration is encouraging. During the mapping program samples were taken for analysis. It is hoped that the results when received will help define the best location for some preliminary drill testing of the recently mapped veins, potentially later in 2024. Almadex drilled three holes in one area of the sinter zone in 2022. One passed through a fault and into older rocks, and the other two are now interpreted to not have been well placed for intersecting the vein system. Some data is in the Company’s possession from an RC drill program conducted in the area in the early 1990s. The historic results, while not complete, are encouraging as they indicate some of the holes returned anomalous gold over short intervals which confirms that the epithermal system is gold and silver bearing. Lithocap Alteration Zones: Lithocaps are extensive areas of hydrothermally altered rocks that occur above or adjacent to intrusive rocks and related porphyry deposits. The hydrothermal alteration forms when ascending high temperature magmatic fluids are released from the source intrusion below and alter permeable and reactive rocks occurring above. Lithocaps can be over 10 by 10 km in surface area and over 1 km thick. The alteration mineral assemblages vary, usually with distance from the intrusive source. Often more neutral and higher temperature stable alteration mineral assemblages are seen at depth, closer to the source intrusion and potential porphyry deposit. More acidic and lower temperature stable assemblages generally occur higher and farther away. Mapping of alteration minerals and geochemical analysis using soil and rock samples can map these changes in mineralogy. This mapping can then provide a vector towards potential underlying porphyry systems. If large areas of lithocap alteration are well preserved, they can obscure deep unexposed porphyries and other styles of mineralisation. If no mineralisation is present at surface, drilling based on geochemical and alteration vectors aided by geophysical data is the best way to explore for buried deposits. Anuncio • Sep 11
Almadex Minerals Ltd. Provides Update on Its Western USA Exploration Program Almadex Minerals Ltd. provided an update on its ongoing exploration programs in the western USA as well as its recently completed diamond drilling program at its Paradise Project, Nevada. Paradise Drilling Program. Almadex has completed a two hole exploratory diamond drilling program on its Paradise Project in Nye County Nevada. Samples have been submitted for analysis and when results have been received and compiled, they will be released. In general, the drilling confirmed the large scale of the porphyry lithocap alteration at Paradise. It is anticipated that a review of the core, along with assay results once received, will provide direction for a possible phase two drilling campaign. Regional Exploration Program, Western USA. Further to Almadex's press release of June 17th, 2024, the Company has been advancing its Western U.S. exploration portfolio. The prospects in the portfolio were acquired by staking and hold potential for either epithermal gold-silver mineralisation, porphyry copper-gold mineralisation or both. Almadex has conducted a considerable amount of field work over the last several months on several of the prospects and has received soil and mapping results from the CH, RR, PilotKT and New Hope prospects and updated mapping from the Radio prospect. These properties cover large areas of hydrothermal alteration typical of porphyry lithocaps and further exploration is planned for the coming months as described below. CH, Nevada. KT, Colorado. The KT Prospect located in Colorado covers an area of intense hydrothermal alteration developed in volcanic rocks cropping out as windows through post mineral basaltic flows. Preliminary mapping has identified silicification and quartz-alunite alteration over a roughly 3 by 3 km area. The Company plans follow-up geologic and alteration mapping to help direct any further exploration programs. Soil geochemical results have been received. These results highlighted a coincident Au-Bi-Mo-Te-Pb anomaly within the high sulphidation alteration zone. Mapping and sampling are planned to follow-up these results in order to develop firm drill targets. New Hope, Arizona. Further to the results discussed in Almadex's news release of April 8th, 2024, additional mapping was undertaken at New Hope which better defined the targets previously defined. The New Hope project covers a large lithocap with local advanced argillic alteration, peripheral argillic-silica alteration, outer propylitic alteration and, most importantly, a zone of porphyry-related veinlets. A new occurrence of veining was found in the mapping which expanded the area of veining to roughly 650 m in diameter. The style of veinlets is banded, sheeted, light to dark grey quartz +- magnetite. The Company is considering further exploration prior to planning a diamond drilling program at New Hope. Anuncio • Jul 26
Almadex Minerals Ltd. Announces That Drilling Is Underway At the Paradise Project, Nevada Almadex Minerals Ltd. announced that diamond drilling has commenced at the Company's Paradise project in Nevada, USA. The current drill program has been designed to test lithocap targets for potential underlying copper-gold porphyry mineralisation. As described in its news release of February 27th, 2024, Almadex defined a porphyry copper-gold target at Paradise through mapping and soil geochemistry. The company has now completed the first hole and has started a second. Anuncio • Jun 20
Almadex Minerals Ltd. Provides Update on Three Newly Identified High Sulphidation-Porphyry Cu-Au Prospects in the Western USA Almadex Minerals Ltd. follow up its press release of April 16, 2024 with updates regarding three more of the fourteen prospects it has staked since early 2023 in the U.S. These three prospects are located in central Nevada and Colorado, USA, and are prospective for high sulphidation gold and porphyry copper-gold deposits. The Company is planning initial work programs designed to rapidly provide the exploration dataset to evaluate whether these targets merit drilling in the summer field season of 2024. The Company has only conducted preliminary exploration mapping and sampling to date. RR, Nevada: The RR Prospect covers an area of hydrothermal alteration developed in volcanic rocks adjacent to carbonate rocks. Alteration mapping at RR has identified a large alteration zone interpreted to be a porphyry lithocap extending 2.8 km NW-SE and by at least 1 km NE-SW. Mapping also defined a very strong surface pyrophyllite footprint of 1 km (NW-SE) by 0.5 km (NE-SW). Preliminary rock sampling returned high values for pathfinder trace elements typically associated with the lithocap alteration identified. The Company has recently completed a soil sampling survey at the prospect for which analytical results are pending. Pilot, Nevada: The Pilot prospect in central Nevada covers an area of hydrothermal alteration developed in syn mineral intrusive rocks and sedimentary country rock. Phyllic alteration has been mapped and is characterised by white mica and pyrophyllite alteration. Recent field mapping has also identified several outcrops with evidence of porphyry-style veining. This includes veining interpreted to represent early magnetite, A type, syntaxial B veins and late stage D type quartz-sericite-pyrite veining. A large mapping, rock sampling and grid-based soil sampling program is planned in order to define targets for drilling. KT, Colorado: The KT Prospect located in Colorado covers an area of intense hydrothermal alteration developed in volcanic rocks cropping out as windows through post mineral basaltic flows. Preliminary mapping has identified silicification and quartz-alunite alteration over a roughly 3 by 3 km area. The Company plans follow-up geologic and alteration mapping along with geochemical soil sampling to help direct any further exploration programs. Anuncio • Apr 21
Almadex Minerals Ltd., Annual General Meeting, Jun 26, 2024 Almadex Minerals Ltd., Annual General Meeting, Jun 26, 2024. Anuncio • Apr 18
Almadex Minerals Ltd Provides Update on Three Epithermal Gold-Silver Prospects in Nevada, USA Almadex Minerals Ltd. provided an update regarding recent mapping and sampling at three of our new prospects, all of which are located in central Nevada, USA and are prospective for epithermal gold-silver deposits. The Company is planning initial work programs designed to rapidly provide the exploration dataset to evaluate whether these targets merit drilling in the summer field season of 2024. The three prospects have only had preliminary exploration mapping and sampling performed on them to date. Confusion Hills: The Confusion Hills Prospect is comprised of 237 lode claims that cover a large hydrothermal alteration zone developed in volcanic rocks. Two styles of alteration were identified in the preliminary geologic mapping that has been undertaken. Argillic alteration is found widespread in volcanic rocks and breccias along with local silicification. In one area, high temperature pyrophyllite and kaolinite were detected which is indicative of a possible porphyry lithocap environment. 14 grab samples of outcrop have been taken to date in the area of silicic and argillic alteration. Results ranged from below detection to 0.182 g/t gold. Significant trace element epithermal pathfinder results were also returned. Detailed prospecting, mapping and sampling is planned for the spring of 2024. County Line: The County Line Prospect is comprised of 191 lode claims. Preliminary mapping has identified two styles of alteration. A small area (200 metres by 150 metres) of high-sulphidation style alteration where hypogene kaolinite, pyrophyllite, dickite and K-alunite occur at the south end of a broader area of silicification, chalcedonic veining and coxcomb veining, which is representative of a low or intermediate sulphidation environment. Subsequent to staking this area, Almadex received information on limited previous exploration work mainly in the southern portion of County Line, including drilling (three drill holes), with no significant results that have been reported to date, however, details on these exploration campaigns and their reach are unclear. Preliminary rock sampling results on the prospect have returned gold values ranging from below detection to 0.116 g/t. The significant values were returned from the southern high sulphidation alteration zone. Detailed mapping, sampling and prospecting is planned for the spring of 2024 to focus on the zones of veining to the northeast of the area of past work. Silverton South Hydrothermal Cell: This prospect is comprised of 50 lode claims which cover an approximately 4 by 2 km area of intense clay alteration with local replacement silicification. A portion of the alteration zone has been mapped using a Terraspec Field spectrometer. In this 1.5 by 0.9 km area, high temperature kaolinite was mapped. Based on the minerals identified, this alteration zone is currently interpreted to represent a steam heated cap to a possible low sulphidation vein system concealed beneath. The new Nevada lexicon for describing steam heated zones is hydrothermal cell. The Silverton South area likely represents such a cell. While no gold results above detection have been returned, the preliminary grab samples of altered rocks taken to date have returned anomalous epithermal pathfinder elements typical of the interpreted level of erosion. Detailed prospecting, mapping and sampling is planned for the spring of 2024 to help define a vector for possible future drilling. Anuncio • Apr 10
Almadex Minerals Ltd. Provides Summary of Recent Exploration Results from the Company's Wholly Owned New Hope Copper Porphyry Project in Arizona Almadex Minerals Ltd. provided a summary of recent exploration results from the Company's wholly owned New Hope copper porphyry project in Arizona. The 958.7 hectare New Hope project covers a roughly 3.5 by 1.5 kilometre area of intense hydrothermal alteration developed in volcanic rocks and crosscutting intrusive dykes. The observed hydrothermal alteration is characteristic of the upper levels of a porphyry system. The project was acquired in 2023 by staking and broad scale mapping of the lithocap was carried out prior to the more detailed work reported. The results of geologic field work and sampling carried out in December of 2023 have been compiled. Detailed mapping has now been conducted over a portion of the alteration zone in the central area of the project. Previously defined muscovitic (phyllic) alteration to the northwest remains to be mapped in detail. Within the area mapped, exposed advanced argillic alteration was identified to the northeast, and to the southwest an exposed set of porphyry-related veinlets was defined in limonitic alteration. This zone of quartz veining is currently interpreted to represent a potential centre to the porphyry system at New Hope. The observed zone of veining is an approximately 600 metre in diameter semi-circular area. The veins and veinlets are sheeted light to dark grey, semi-translucent quartz and magnetite with banded textures. Fluid inclusion petrography on these veinlets indicate that they were formed by vapour rich fluids. These types of veinlets are interpreted to be typical of shallow-level emplaced porphyry systems and above the level at which main stage porphyry-style copper-gold mineralisation is to be expected. Within this broader area, two inner zones about 200 metres and 100 metres in diameter were mapped where veinlet densities of greater than 10 per metre were observed. To date 78 rock grab samples have been taken on the property from outcrop, subcrop and float in the alteration zone. While the area is weathered and the level of erosion is above that of where main stage porphyry mineralisation would be expected, elevated gold and molybdenum results were returned. Several orientation lines of soil samples were also taken to determine amenability of the area for a more detailed soil sampling program. This included four lines over the area of veining and one line over the area of advanced argillic alteration to the northeast. Anomalous Ag-Mo-Cu-Au and Bi results were returned for these test lines, aiding the interpretation that the mapped zone of veining represents a porphyry centre within the alteration footprint. Almadex plans to continue detailed mapping and further soil sampling to better define the entirety of the lithocap and to develop a complete set of targets for a future exploration drill program. Anuncio • Feb 23
Almadex Minerals Ltd Samples 0.59% copper and 0.18 g/t gold in Outcrop at Newly-Acquired Porphyry Target in Nevada, USA Almadex Minerals Ltd. announced that, further to its news releases of July 11th and December 14th 2023 describing the identification of new targets, it has acquired by staking a 100% interest in the Radio porphyry copper-molybdenum-gold exploration target in Mineral County Nevada, USA. The Radio project covers a roughly 2.8 by 1.3 kilometre area of hydrothermal alteration developed in volcanic and intrusive rocks and crosscut by mafic intrusive dykes. The observed hydrothermal alteration and zoning is characteristic of porphyry copper systems. To date Almadex has completed a preliminary surface alteration and geologic mapping program along with surface outcrop rock sampling. First pass surface rock chip sampling has returned important values of copper, molybdenum and gold. A total of 32 samples were collected and assayed during this field campaign, including 31 outcrop samples and 1 talus sample. Of 31 outcrop samples, a total of 5 samples returned greater than 0.05% Cu, and up to 0.59% Cu and 0.18 g/t Au, and three samples returned higher than 100 ppm Mo, and up to 276 ppm Mo (Table 1). The base and precious metal values occur within malachite-stained mafic dykes and magnetite veined intrusive rocks. Fluid inclusion petrography was carried out on select samples of vein material. This work confirmed the fluid inclusion signature of a porphyry system with one sample displaying the distinctive characteristics of A-type porphyry veins. The alteration mapping has identified minor zones of pyrophyllite and kaolinite alteration considered representative of an advanced argillic altered zone interpreted to be the remnants of an eroded lithocap. Importantly a 2.8 km phyllic alteration trend was also defined which is characterised by high crystallinity muscovite and paragonite. The phyllic zone is bordered by propylitic chlorite and epidote alteration. These alteration minerals were identified using a Terraspec mineral spectrometer. This interpretation suggests that a potential porphyry deposit could be located at shallow depths from the current surface. Anuncio • Dec 14
Almadex Minerals Ltd. Provides Exploration Update Almadex Minerals Ltd. provided this update on its generative exploration activities and corporate matters. Exploration Update: Further to its news release of July 11, 2023 describing the identification of new targets, Almadex has acquired by staking eight target areas in Nevada and two in New Mexico. These areas are considered prospective for gold and/or base metal mineralisation. Preliminary field work and sampling have recently been carried out on most of these areas. Once results have been received and compiled further updates on the potential of these new areas will be released. These ten target areas do not include the New Hope copper porphyry project in Arizona which Almadex has elevated to project status. New Hope Porphyry Copper Project, Arizona: Geologic field work has commenced on the Company’s 100% owned New Hope porphyry copper exploration project in Arizona, USA. The 958.7 hectare New Hope project covers a roughly 3.5 by 1.5 kilometre area of intense hydrothermal alteration developed in volcanic rocks and crosscutting intrusive dykes. The observed hydrothermal alteration is characteristic of the upper levels of a porphyry system. The work underway includes geochemical sampling and mapping of the geology and alteration to follow-up work carried out earlier in 2023 which identified remnants of an advanced argillic altered lithocap. The lithocap alteration includes zones with Na-alunite, pyrophyllite and dickite along with a phyllic alteration signature including high crystallinity muscovite at surface, which have been mapped with a Terraspec mineral spectrometer. Fluid inclusion petrography carried out on a vein sample from the New Hope alteration zone identified the presence of vapour rich fluid inclusions with banded distribution in the veinlet. Such veins are commonly found above porphyry systems. This finding helps confirm the target of a buried porphyry at New Hope. The work underway has been designed to help direct a potential exploratory deep drilling program. Anuncio • Feb 08
Au Gold Corp. (TSXV:AUGC) entered into a purchase and sale agreement to acquire the remaining 40% stake in a Ponderosa Gold Project in British Columbia from Almadex Minerals Ltd. (TSXV:DEX) for CAD 0.05 million. Au Gold Corp. (TSXV:AUGC) entered into a purchase and sale agreement to acquire the remaining 40% stake in a Ponderosa Gold Project in British Columbia from Almadex Minerals Ltd. (TSXV:DEX) for CAD 0.05 million on February 7, 2023. As per the terms of the transaction, AUGC shall issue to Almadex a total of 750,000 common shares upon closing and issue 500,000 common shares in the capital of AUGC (the Contingent Shares”) conditional upon the defining of a Mineral Resource on the Ponderosa Gold Project of at least 250,000 ounces of gold. Completion of the Acquisition will bring AUGC to 100% ownership of the Ponderosa Gold Project. The Agreement is subject to the approval of the TSX Venture Exchange. Anuncio • Jan 27
Almadex Announces Updated Resource Estimate for the Logan Zinc/Silver Project, Yukon Territory, Canada Almadex Minerals Ltd. announce completion of its updated mineral resource estimate (MRE) with respect to the Logan Zinc/Silver project (“Logan”, or the “Project”) located in Yukon Territory, Canada. The Logan Project is located 108 km northwest of Watson Lake in south central Yukon. The Project consists of 156 contiguous quartz mining claims located in the Watson Lake Mining District, covering over 3,200 hectares. The Project is located on the traditional territory of the Ross River Dena Council and Liard First Nation, 38 km north of the Alaska Highway. The Logan deposit consists of fracture and vein hosted zinc-silver mineralization within a granitic intrusion. The Main Zone occurs along an 8,000m long NE-trending fault-related structure. The Main Zone is tabular, dips 70 degrees to the NW, extends for 1,100m along strike, varies from 50m to 150m in width, and has been traced to depths of 275m and remains open. The mineralization is up to 90 metres thick in relatively gentle terrain and minimal overburden, making it potentially attractive for open pit mining. Recent drill core re-analysis indicated potentially economically significant values of the critical metal indium (In), not historically assayed for, averaging 35 parts-per-million (ppm) In and up to 273 ppm In. Indium is integral to solar panel manufacturing and a key input in semiconductors and many materials needed for advanced vehicle manufacturing. Modeling was conducted in the Universal Transverse Mercator (UTM) coordinate space relative to the North American Datum (NAD) 1983, and UTM zone 9N. The mineral resource block model utilized a block size of 6 m (X) x 6 m (Y) x 6 m (Z) to honour the mineralization wireframes. The percentage of the volume of each block below the bare earth surface, below the modeled waste overburden surface and within each mineralization domain was calculated using the 3D geological models and a 3D surface model. For the open pit optimisation, block values were diluted. The MRE is reported as undiluted with an effective date of January 17, 2023. The Logan Property drillhole database consists of 58 drill holes that intersected the interpreted mineralization wireframes. The zinc and silver assays were composited to 2-meter composites lengths and the estimation utilized 2,651 composited samples. A total of 1.2% of the total drilled meters inside the interpreted mineralization wireframes were not sampled, assumed to be waste, and assigned a nominal waste value of half the detection limit of modern assay methods (0.0005% Zn, 0.3429 g/t Ag). Zinc and silver estimation was completed using Ordinary Kriging. The search ellipsoid size used to estimate the Zn and Ag grades was defined by the modelled variograms. Block grade estimation employed locally varying anisotropy, which uses different rotation angles to define the principal directions of the variogram model and search ellipsoid on a per-block basis. Blocks within estimation domains are assigned rotation angles using a modelled 3D mineralization trend surface wireframe, which allows structural complexities to be reproduced in the estimated block model. The number of variogram structures, contributions of each structure, and their ranges are set per estimation domain and do not vary within the estimation domain. A total of 201 bulk density samples are available from the Logan Property drillhole database. APEX personnel performed exploratory data analysis of the bulk density samples available and the density was assigned for each domain in the Logan Property. The density of the deposits ranged from 2.63 g/cm³ to 2.66 g/cm³. The non-mineralized zones were assigned density based on lithological unit. The modeled overburden was assigned a density of 1.8 g/cm³ and the remaining country rock was assigned a density of 2.57 g/cm³. Anuncio • Jan 19
Almadex Minerals Ltd. Outlines 2023 Exploration Program and Reports Final 2022 Results for the San Pedro Silver-Gold Project, Mexico Almadex Minerals Ltd. discussed its plans for a 2023 exploration program on its 100% owned San Pedro gold-silver project, Jalisco, Mexico. The San Pedro project covers an area of high-sulphidation acid sulphate lithocap alteration (north area) as well as an area of brecciation and sulphide development with elevated base and precious metals on the southern portion of the project. In 2022 the Company drilled four holes, three of which have been reported (holes SP-22-003, 4 and 5). These three holes all intersected broad zones of brecciation and locally significant base and precious metal values. Hole SP-22-003 intersected 4.51 metres of 656.8 g/t silver and 0.03 g/t gold, SP-22-004 intersected 1.3 metres of 846.0 g/t silver and hole SP-22-005 intersected 1.05 metres of 18.65 g/t gold and 20.5 g/t silver. All four holes drilled in 2022 including SP-22-006 reported help with interpreting the shape of the breccia body which appears to have a sub horizontal distribution. Hole SP-22-006 is interpreted to have been drilled underneath the breccia and did not intersect mineralisation and precious metals values. Further surface mapping is planned to confirm and refine this interpretation in order to optimise the next drilling program. The elevated base metals and copper seen in the breccia, along with acid sulphate altered fragments suggests that the breccia and related mineralisation may be a late feature in the lithocap environment. Acid sulphate altered lithocaps have been seen to form above porphyry copper deposits around the world and Almadex interprets the San Pedro project to have potential for both high sulphidation gold mineralisation in the lithocap, late gold-silver mineralisation in the southern breccia and deep copper porphyry potential beneath the lithocap. A more detailed surface mapping and sampling program is planned, and geophysical surveys may be undertaken as well. Once this work is complete Almadex intends to initiate a further round of drilling to test the targets generated. Almadex looks forward to reporting its progress as exploration work proceeds and results are available. About the San Pedro Project: The San Pedro project covers a large area of acid sulphate alteration, including zones previously described as vuggy silica. Recent Terraspec analysis indicates sericitisation superimposed on propylitic alteration in the mineralised zones with acid sulphate alteration occurring at the north end of the project. Elevated base metals and silver have been returned from outcrop sampling and previous soil sampling surveys. Previous RC drilling by past operators, (shown on attached figures) including Cominco, returned anomalous gold, silver and base metals. Including the hole reported here, four holes have now been completed by Almadex in this Phase 2 program, following on the two completed in 2021. The breccia zone intersected in the recent drilling by Almadex is likely to be part of this large high sulphidation system as confirmed by the observation of vuggy silica textures in a breccia fragments. Elevated copper in the form of chalcopyrite may reflect the potential for an underlying porphyry copper system as well. Further interpretation including alteration and fluid inclusion studies will be conducted to help better define additional drilling. The Company plans to recommence drilling when this is complete. About the San Pedro Project: Almadex acquired the San Pedro project by staking. The property comprises approximately 1,000 hectares with multiple targets, located approximately 18 kilometers southeast from Juchitlan, 93 kilometers southwest of Guadalajara and 85km from the Barqueño project (Guachinango) of Agnico-Eagle. Anuncio • Jan 10
Almadex Minerals Ltd. Intersects 2.9 Metres of 7.45 G/T Gold at the San Pedro Silver-Gold Project, Mexico Almadex Minerals Ltd. announced that it has received results from the third hole drilled in 2022 on its wholly owned San Pedro Project located in Jalisco, Mexico. This hole was drilled roughly 60m away from the pad where previously reported holes SP-22-003 and SP-22-004 were drilled from. Hole SP-22-005 also intersected long intervals of brecciated rock and returned two separate mineralised intersections including: From 1.35 to 3.85 metres of 0.42 g/t gold and 106.5 g/t silver From 141.10 to 144.00 of 7.45 g/t gold and 9.5 g/t silver, Including From 142.25 to 143.30 of 18.65 g/t gold and 20.5 g/t silver. The hole SP-22-05 intersected two zones where disseminated sulphides were observed to be associated with silicification in the matrix of the breccia. Vuggy silica texture was recognised in the breccias. With the information currently available, the breccia body appears to have a subhorizontal distribution. Further surface mapping is planned to confirm and refine this interpretation in order to optimise the next drilling program. The San Pedro project covers a large area of acid sulphate alteration, including zones previously described as vuggy silica. Recent Terraspec analysis indicates sericitisation superimposed on propylitic alteration in the mineralised zones with acid sulphate alteration occurring at the north end of the project. Elevated base metals and silver have been returned from outcrop sampling and previous soil sampling surveys. Previous RC drilling by past operators, including Cominco, returned anomalous gold, silver and base metals. Including the hole reported here, four holes have now been completed by Almadex in this Phase 2 program, following on the two completed in 2021. The breccia zone intersected in the recent drilling by Almadex is likely to be part of this large high sulphidation system as confirmed by the observation of vuggy silica textures in a breccia fragment. Elevated copper in the form of chalcopyrite may reflect the potential for an underlying porphyry copper system as well. Further interpretation including alteration and fluid inclusion studies will be conducted to help better define additional drilling. The Company plans to recommence drilling when this is complete. 