Almadex Commences Diamond Drilling at The New Hope Copper Porphyry Project, Arizona, USA and Grants Stock Options

Core Viewpoint - Almadex Minerals Ltd. has initiated a scout exploration drill program at its New Hope copper-gold porphyry prospect in Arizona, with the first hole expected to be completed after the Christmas break, and further drilling plans will be based on geological observations from this initial hole [1][2]. Group 1: Exploration Program - The exploration program at New Hope utilizes combined target vectoring techniques, including alteration and geological mapping, fluid inclusion petrography, geochemistry, and geophysics [2]. - The initial drill hole is not anticipated to be completed before the Christmas break, with further drilling plans to be determined in the New Year based on geological findings [1][2]. Group 2: Company Information - Almadex Minerals Ltd. is an exploration company with a diverse mineral portfolio that includes projects and NSR royalties in Canada, the U.S., and Mexico, resulting from extensive prospecting and deal-making by its management team [4]. - The company owns several portable diamond drill rigs, allowing for cost-effective first-pass exploration drilling conducted in-house [4]. Group 3: Management and Governance - J Duane Poliquin, Chairman of Almadex, expressed excitement about the drilling program and the potential insights it may provide [2]. - Morgan J Poliquin, PhD, PEng, serves as the President and CEO of Almadex and is a Qualified Person as defined by National Instrument 43-101, having reviewed and approved the scientific and technical contents of the news release [3].