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]

Core Insights - Almadex Minerals Ltd. is advancing its exploration activities, particularly at the Paradise porphyry lithocap target, with ongoing drilling and geophysical surveys aimed at identifying potential mineralization [1][2][3] Exploration Activities - The company has commenced drilling a third hole at the Paradise target, with a fourth hole planned for the 2025 drill campaign, focusing on different parts of a 4.5 by 1.8 km alteration zone [2] - Initial assays from the first hole indicate no significant intervals, but the data will aid in vectoring efforts for future drilling [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 a Terraspec infrared spectrometer, revealing a well-preserved porphyry lithocap with distinct mineral assemblages [5] Technical Information - The scientific and technical content of the news release has been reviewed by the company's President and CEO, who is a Qualified Person under NI 43-101 [6] - Analytical techniques for gold samples include fire assay and atomic absorption spectroscopy, with further analysis for higher-grade samples [7] Company Overview - Almadex Minerals Ltd. holds a diverse mineral portfolio across Canada, the U.S., and Mexico, supported by a management team with extensive experience in prospecting and deal-making [8]

Core Viewpoint - Almaden Minerals Ltd. is engaged in international arbitration against the Mexican government under the CPTPP, seeking compensation for the loss of its Ixtaca precious metals project due to alleged illegal acts by Mexico [1][2][6]. Summary by Sections Arbitration Proceedings - Almaden, along with Almadex Minerals Ltd., is pursuing a claim against Mexico for the complete loss of investment in the Ixtaca project, which was previously 100% owned by Almaden [2]. - The arbitration panel has rejected Mexico's request to bifurcate the proceedings and has established a procedural calendar leading up to the hearings scheduled for December 14-18, 2026, in Washington, D.C. [3][4]. Legal Framework and Funding - The claim is being prosecuted under the International Centre for Settlement of Investment Disputes and is financed by up to US$9.5 million in non-recourse litigation funding [5]. Allegations Against Mexico - The claimants allege that Mexico breached its obligations under the CPTPP by unlawfully expropriating investments without compensation, failing to provide fair treatment, and discriminating against the claimants [6]. - The claimants are seeking damages totaling US$1.06 billion, which may be updated based on market conditions [7]. Background of the Claim - The claim stems from a lawsuit filed by an ejido community against the Mexican government, asserting that the mineral title system was unconstitutional due to lack of Indigenous consultation [8]. - The ejido community is located outside the project's area of influence, and the lawsuit was supported by international NGOs [9]. - Almaden attempted to address the ejido's concerns by relinquishing part of its mineral title, but the Mexican courts mandated the company to retain the larger title area [10]. Political Context - The current Mexican administration, led by President Lopez-Obrador, is perceived as hostile to foreign mining companies [11]. - In 2022, Mexico's Supreme Court ruled that the mineral titles were improperly issued without Indigenous consultation, leading to the suspension of the titles [12][13]. Consequences of Legal Actions - The rights to the mineral titles were suspended in June 2022, and despite efforts to facilitate Indigenous consultation, the titles were ultimately cancelled, reverting to the Mexican government [15]. - The claimants have experienced significant harm due to Mexico's actions, which are viewed as breaches of investment protection obligations [16].

Core Viewpoint - Almadex Minerals Ltd. is actively advancing its exploration activities across multiple projects in the western USA, with ongoing drilling and generative exploration efforts aimed at identifying new mineral opportunities for the remainder of 2025 and into 2026 [1][6]. Drilling Activities - The company has completed two diamond drill holes at its Paradise Project in Nevada, with a third hole set to commence soon, and assay results are pending from this program [2] - A first pass drilling program is anticipated on a project optioned by Azucar Minerals, pending TSX Venture Exchange approval, along with planned drilling on the New Hope project later in the year [3]. Generative Exploration Activities - Almadex is conducting regional generative exploration, resulting in the acquisition of new projects in 2025, including the Red Antler project in Utah and the Ruby Hill project in Nevada, as well as a rare earth exploration project in New Mexico [4]. Project Level Exploration Activities - Ongoing project-level fieldwork includes activities at the Bald Valley and White River projects in Nevada, the Red Antler project in Utah, and the Big Sky project in New Mexico, aimed at defining drill targets for initial drilling [5]. Technical Insights - The Paradise property spans 1,547 hectares and features a significant area of hydrothermal alteration typical of high-sulphidation environments above porphyry copper-gold systems, with detailed mapping conducted using advanced spectrometry techniques [7][8].

Core Insights - Almadex Minerals Ltd. is focusing on its wholly owned Nicoamen and Merit Projects located in the Spences Bridge Gold Belt, which is gaining attention due to recent high-grade gold discoveries [1][2] Industry Overview - The Spences Bridge Gold Belt is a 110 km northwest-trending area in southern British Columbia, known for its potential for low-sulphidation epithermal gold-silver mineralization [2] - Approximately CA$55 million has been invested in exploration at the Shovelnose Property, which has led to a robust Preliminary Economic Assessment (PEA) for a low-cost, high-margin underground gold mining operation with an estimated mine life of 11.1 years [2] Nicoamen Project Highlights - The Nicoamen Project consists of 9 claims totaling 3,332 hectares, located near Lytton, British Columbia [3] - Previous exploration included stream sediment, rock, and soil sampling, trenching, and geophysical surveys, with the most recent work conducted by Independence Gold Corp. [4][6] - A magnetic survey identified a "magnetic low" structural corridor associated with mineralized chalcedonic quartz veins, yielding gold values up to 4.46 g/t [4][6] Merit Project Highlights - The Merit Project comprises four mineral claims covering approximately 1,900 hectares, located near Merritt, British Columbia [7] - Previous exploration has revealed multiple zones of alteration and mineralization, particularly at Sullivan Ridge, where trenching returned gold values of 7.24 g/t over 1.8 meters [7] - Independence Gold Corp. also conducted work on the Merit Property, with sampling returning assays of up to 9.5 g/t gold and 341 g/t silver [8] Future Plans - The company intends to seek a qualified partner to further develop the Nicoamen and Merit projects while currently focusing on advancing its U.S.-based exploration projects [9]

Core Viewpoint - Almadex Minerals Ltd. is highlighting its exploration projects, Nicoamen and Merit, located in the Spences Bridge Gold Belt, which is gaining attention due to recent high-grade gold discoveries in the region [1][2]. Group 1: Spences Bridge Gold Belt Overview - The Spences Bridge Gold Belt is a 110 km northwest-trending area in southern British Columbia, known for its potential for low-sulphidation epithermal gold-silver mineralization [2]. - Approximately CA$55 million has been invested in exploration at the Shovelnose Property, which has led to a robust Preliminary Economic Assessment (PEA) indicating a low-cost, high-margin underground gold mining operation with an estimated mine life of 11.1 years [2]. Group 2: Nicoamen Project Highlights - The Nicoamen Project consists of 9 claims covering 3,332 hectares, located approximately 17 km southeast of Lytton [5]. - Previous exploration included stream sediment, rock, and soil sampling, trenching, and geophysical surveys, with the most recent work conducted by Independence Gold Corp. before early 2022 [6]. - Exploration results indicated gold values of up to 4.46 g/t, with a newly identified vein zone showing consistent grades between 1.05 g/t and 3.91 g/t over a width of 100 meters [6][7]. Group 3: Merit Project Highlights - The Merit Project comprises four mineral claims covering roughly 1,900 hectares, located approximately 22 km west of Merritt [8]. - Previous exploration led to the discovery of multiple zones of alteration and mineralization, with significant results including 7.24 g/t gold over 1.8 meters from a trenching program [8]. - Independence Gold Corp. also conducted work on the Merit Property, with sampling returning assays of up to 9.5 g/t gold and 341 g/t silver [9]. Group 4: Future Development Plans - The company intends to seek a qualified partner to further develop the Nicoamen and Merit projects while focusing on advancing its U.S.-based exploration projects [10]. - Almadex holds three royalties within the Spences Bridge Gold Belt, including a 2% NSR on Westhaven Gold's Prospect Valley and Skoonka projects [10].

Core Insights - Almadex Minerals Ltd. has acquired a 100% interest in the Red Antler early-stage exploration project located in western Utah as part of its regional exploration program in the western USA [1][2] - The Red Antler property features rhyolitic volcanics with quartz-alunite-kaolinite alteration and quartz veining, indicating a high level of preservation of the epithermal system [2] - Preliminary sampling results from the project are promising, with 12 out of 34 grab samples returning over 1 g/t silver, with a maximum of 24 g/t silver and an average of 1.4 g/t silver [2] - The company plans to advance the Red Antler project and continue its exploration efforts throughout 2025 [2][7] Company Overview - Almadex Minerals Ltd. is an exploration company with a diverse mineral portfolio in Canada, the U.S., and Mexico, resulting from extensive prospecting and deal-making by its management team [6] - The company possesses portable diamond drill rigs, allowing for cost-effective in-house exploration drilling [6] - Almadex has significant experience in porphyry lithocap exploration and has made three discoveries of mineral deposits under advanced argillic alteration [6][7] Technical Details - The analyses of rock samples were conducted at ALS Chemex Laboratories using standard analytical techniques, including fire assay and atomic absorption spectroscopy for gold, and ICP-AES for silver [5] - The company has conducted a stage two mapping and sampling program to further understand the geometry and geochemistry of the veins at the Red Antler project [2]

Core Viewpoint - Almadex Minerals Ltd. is advancing its Logan Zinc-Silver Project in Yukon, Canada, while also holding a 2% net smelter return royalty on the Tim Property, which is being developed by Coeur Mining, indicating strong potential for resource expansion and strategic partnerships in critical minerals [1][5][11]. Logan Project Highlights - The Logan Project is located 108 km northwest of Watson Lake, Yukon, and contains a significant zinc-silver resource, with mineralization starting at surface and extending to at least 275 meters in depth [2][4]. - The mineral resource estimate includes an Indicated Mineral Resource of 2.6 million tonnes grading 5.1% zinc and 23.1 g/t silver, and an Inferred Mineral Resource of 16.9 million tonnes grading 4.3% zinc and 18.2 g/t silver [9]. - Drill results indicate excellent continuity of mineralization and potential for resource expansion both laterally and at depth, with historical drill core re-analysis revealing economically significant indium values averaging 35 ppm and up to 273 ppm [3][4]. Tim Property NSR - Almadex holds a 2% NSR royalty on the Tim Property, which is being advanced by Coeur Mining under an option agreement, allowing Coeur to earn up to an 80% interest through staged exploration expenditures [6][11]. - Coeur has invested approximately $1.6 million to date, completing various exploration activities including a six-hole, 2,250-meter drill program in 2024 [7][10]. - Recent geological observations suggest that Tim may host a productive Carbonate Replacement Deposit (CRD) system, with significant silver-lead-zinc potential [8][11]. Strategic Significance - The combination of the Logan Project's updated mineral resource and Almadex's strategic royalty exposure at Tim positions the company as a unique participant in the critical and precious metals landscape in Yukon and northern British Columbia [11][15]. - The company is currently focused on a large regional exploration program in the western United States while seeking a qualified partner to advance the Logan Project [5][11].

Core Viewpoint - Almadex Minerals Ltd. has successfully completed the repayment of a gold loan from Almaden Minerals Ltd., which included the return of gold and a cash payment settled with physical gold bullion [1][2]. Group 1: Repayment Details - The repayment involved the return of 397 ounces of gold that were not drawn under the gold loan agreement [2]. - Almaden paid a total of USD 5,194,354, which was settled through the delivery of approximately 1,553 ounces of 99.99% purity physical gold bullion [2]. - Following the repayment, Almadex now holds a total of approximately 1,950 ounces of gold [2]. Group 2: Company Overview - Almadex Minerals Ltd. is an exploration company with a large mineral portfolio that includes projects and NSR royalties in Canada, the U.S., and Mexico [3]. - The company's portfolio is a result of extensive prospecting and deal-making by its management team [3]. - Almadex owns several portable diamond drill rigs, allowing for cost-effective first-pass exploration drilling in-house [3].

Core Viewpoint - Almaden Minerals Ltd. has successfully completed the sale of the Rock Creek Mill assets to Metals Exploration PLC, generating gross proceeds of US$9,700,000 [1] Group 1: Transaction Details - The sale of the Rock Creek Mill resulted in Almaden receiving a Purchase Price of US$9,700,000, with 15% of this amount allocated as a commission to an equipment sales broker [1] - Following the completion of the transaction, Almaden plans to repay an outstanding gold loan to Almadex Minerals Ltd. [2] Group 2: Gold Loan Repayment - The repayment of the gold loan will involve returning an undrawn balance of 397 ounces of gold and delivering gold bullion of 99.99% purity, corresponding to an outstanding loan balance of USD$5,194,354 [2] - The amount of gold bullion for the repayment will be determined based on the prevailing London Bullion Market Association AM gold price at the time of settlement [2]