Almadex Provides Paradise Drilling Update and Regional Exploration Progress Report
Globenewswire·2025-09-18 19:00

Core Insights - Almadex Minerals Ltd. is advancing its exploration activities, particularly at the Paradise porphyry lithocap target, with ongoing drilling and geophysical surveys planned for 2025 [1][2][3] Exploration Activities - The company has commenced drilling a third hole at the Paradise target, with a fourth hole planned, focusing on a 4.5 by 1.8 km alteration zone [2] - Initial assays from the first hole indicate no significant intervals but provide valuable data for future exploration efforts [2] - Ongoing project-level fieldwork includes completed IP geophysical surveys at the Pilot, Confusion Hills, and Red Ring projects, all returning chargeability anomalies to refine targets [3] Project Details - The Paradise property spans 1,547 hectares and features intense hydrothermal alteration typical of high-sulphidation environments above porphyry copper-gold systems [5] - The alteration has been mapped using advanced techniques, revealing a well-preserved porphyry lithocap with distinct mineral assemblages [5] Technical Information - The exploration and analysis are overseen by qualified personnel, ensuring adherence to industry standards [6][7] - The company utilizes in-house resources for cost-effective exploration, including portable diamond drill rigs [8]