VANCOUVER, British Columbia, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Almadex Minerals Ltd. ("Almadex" or the "Company") (TSX-V: “DEX”) is pleased to announce 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 an ...

VANCOUVER, British Columbia, Jan. 23, 2026 (GLOBE NEWSWIRE) -- Almadex Minerals Ltd. ("Almadex" or the "Company") (TSX-V: “DEX”) is pleased to 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 (see Almadex news release of July 25, 2025), 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 ...

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].

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 expected to be completed before the Christmas break, with further drilling plans to be determined in the New Year based on geological observations [1]. Group 2: Company Information - 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, resulting from years of 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 in-house [4]. Group 3: Management and Governance - J Duane Poliquin, Chairman of Almadex, expressed excitement about the drilling program and the techniques being employed [2]. - Morgan J Poliquin, PhD, PEng, serves as the President and CEO of Almadex and has reviewed and approved the scientific and technical contents of the news release [3].

Core Viewpoint - Almadex Minerals Ltd. is advancing its exploration efforts in the western USA, focusing on porphyry copper-gold and epithermal gold-silver mineralization, with recent updates on its Paradise Project in Nevada and plans for the New Hope project in Arizona [1][2][4]. Paradise Project Update - The Paradise drill program included four holes designed to explore a 4.5 by 1.8 km porphyry lithocap alteration zone, with the third hole intersecting significant gold mineralization, including 1.60 meters at 0.48 g/t gold [3][6]. - Drilling was paused after the fourth hole was lost due to challenging conditions before reaching the target depth, and the company plans to review results and conduct a petrographic survey before future drilling [3][4]. New Hope Project Plans - Almadex intends to shift its exploration efforts to the New Hope porphyry copper-gold project in Arizona, with permitted drill holes ready to test identified mineralization zones [1][2]. - The company aims to conduct a first pass drill program at New Hope before the end of 2025, contingent on logistical considerations [1][2]. Exploration Strategy - The company is systematically testing its early-stage portfolio through scout drilling, focusing on areas with defined and permitted drill targets [1][4]. - Almadex's exploration strategy emphasizes identifying large porphyry deposits concealed beneath alteration zones, utilizing proprietary tools for target acquisition [4][5]. Geological Context - Lithocaps are hydrothermally altered rock areas that can indicate the presence of underlying porphyry deposits, with extensive mapping and geochemical analysis being crucial for exploration [5][6]. - The Paradise property features intense hydrothermal alteration typical of high-sulphidation environments, which is indicative of potential porphyry copper-gold systems [6].

Core Viewpoint - Almadex Minerals Ltd. presents a diversified portfolio of royalties on precious and base metal projects across North America, leveraging a prospect generator model to provide shareholders with exposure to potential discoveries while minimizing capital and operational risks [1][13]. Royalty Portfolio Overview - Almadex holds numerous net smelter return (NSR) royalties ranging from 0.5% to 2.0%, covering assets in Canada, the United States, and Mexico, reflecting over two decades of exploration success [2]. Key Royalty Interests Canada - Dillard (British Columbia) – 2.0% NSR, covering the Dillard Zone, part of Kodiak Copper Corp.'s initial resource estimate [6]. United States - Willow (Nevada) – 2.0% NSR, a copper-gold porphyry target with strong porphyry indicators [4]. Mexico - La Bufa (Chihuahua) – 2.0% NSR, covering gold-silver mineralization in a prolific silver belt [5]. - Caballo Blanco (Veracruz) – 1.5% NSR, a significant undeveloped precious-metal system [7]. - El Cobre (Veracruz) – 1.75% NSR, a large copper-gold porphyry alteration system [8]. - Cerro Colorado (Oaxaca) – 2.0% NSR, near producing operations with strong infrastructure [9]. - El Encuentro (Sinaloa) – 2.0% NSR, located in a productive gold-silver belt with an annual advance royalty payment of $33,332 [10]. - El Fuego (Oaxaca) – 2.0% NSR, prospective ground within a structural trend of producing mines [11]. - Los Venados (Sonora) – 2.0% NSR, prospective for epithermal and porphyry-style mineralization [12]. Strategic Value and Outlook - The royalty portfolio provides leverage to various projects at different exploration and development stages, offering exposure to gold, silver, copper, zinc, and lead, showcasing Almadex's technical expertise and broad generative footprint [13][14]. Company Overview - Almadex Minerals Ltd. is a North American prospect generator and exploration company with a portfolio of projects, royalties, and in-house drilling capacity, applying a data-driven targeting model for exploration [15].

VANCOUVER, British Columbia, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Almadex Minerals Ltd. ("Almadex" or the "Company") (TSX-V: “DEX”) is pleased to announce that it has acquired a 100% interest in the Rattlesnake early-stage exploration project by staking. The Project is located in Arizona and was identified as part of Almadex’s ongoing regional exploration program in the western USA. The Rattlesnake Property covers a currently mapped area of both quartz alunite and argillic hydrothermal alteration developed in ...

Group 1 - Azucar Minerals Ltd. has received approval from the TSX Venture Exchange for an Option-Joint venture exploration agreement with Almadex Minerals Ltd., allowing Azucar to acquire a 60% interest in three of Almadex's wholly owned claims in Nevada: Pilot, Confusion Hills, and Red Ring prospect [1] - Douglas McDonald has resigned from all roles within Azucar, including Director and Executive Vice President, effective October 2, 2025, but will remain in an advisory capacity to support succession initiatives and ongoing business activities [2] - Azucar is focused on exploration for porphyry copper and gold targets in Nevada, and also holds a 100% interest in the El Cobre copper-gold porphyry project in Mexico [3]

Group 1 - Almadex Minerals Ltd. has received approval from the TSX Venture Exchange for an Option-Joint venture exploration agreement with Azucar Minerals Ltd., allowing Azucar to acquire a 60% interest in three of Almadex's wholly owned claims in Nevada: Pilot, Confusion Hills, and Red Ring [1] - Douglas McDonald has resigned from all roles within the company, including Director and Executive Vice President, effective October 2, 2025, but will remain in an advisory capacity to support succession initiatives and ongoing business activities [2] - Almadex Minerals Ltd. is an exploration company with a significant 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 [3]

Core Viewpoint - Almadex Minerals Ltd. is actively exploring its Davis and Paradise Projects in Nevada, focusing on porphyry copper-gold and epithermal gold-silver mineralization, with recent drilling activities indicating promising results in mineralization and potential for further discoveries [1][2][3]. Exploration Activities - The company has consolidated the Davis-Paradise Valley area, now comprising 358 claims over approximately 2,800 hectares, located near Gabbs, Nevada [1]. - Almadex has a portfolio of exploration projects in the western USA, targeting advanced argillic alteration zones to identify potential porphyry systems [2]. - The company is conducting systematic vector drilling programs across its projects, with a focus on early-stage geological information and prioritizing its property portfolio [2]. Paradise Drilling Activities - Almadex has completed three drill holes at the Paradise project and plans to commence a fourth, targeting a 4.5 by 1.8 km alteration zone [3]. - Assays from the second hole revealed significant mineralization, including 0.37 g/t gold and multiple intervals of silver with high base metal content [3]. Davis Project High Grade Gold-Silver Targets - The Davis project has identified two styles of veining associated with high-grade gold and silver mineralization, with historic data highlighting areas for immediate follow-up [4]. - Recent drilling in 2022 yielded results such as 0.80 meters of 17.1 g/t gold and 10.3 g/t silver, indicating the potential for high-grade mineralization [4]. Additional Findings - The Peppercorn showing and Twin Shaft showing have returned notable chip and grab sample results, indicating the multi-target nature of the Davis project [5]. - The Paradise property features a well-preserved porphyry lithocap with extensive hydrothermal alteration, suggesting a favorable environment for mineralization [10]. Future Plans - The company is contemplating next steps for the Davis project and may seek a partner to advance exploration efforts [6].