Northwire Canada EditionTuesday, July 28, 2026
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Drill Results

Almadex acquires Rattlesnake project by staking

By The Northwire Desk — AI Analysis Oct 09, 2025 · 16:22 DEX · 0.52 Almadex Minerals Ltd.
DEX · Price

Executive Summary

  • Almadex Minerals Ltd. acquired a 100% interest in the Rattlesnake porphyry‑epithermal project in Arizona by staking.
  • Preliminary surface grab sampling returned high-grade results, including 326 g/t Ag and 1.52 % Zn from a vein sample, and up to 401 ppm Cu across seven samples (average 152 ppm Cu).
  • The company will commence an aggressive soil‑sampling and IP geophysical program in winter 2025/2026 to define drill targets for the project.

Key Details

  • Acquisition: 100% interest obtained via staking; part of Almadex’s Western U.S. regional exploration program.
  • Geology: Property exhibits quartz‑alunite and argillic hydrothermal alteration in andesite, cross‑cut by altered dikes; stockwork veining contains silver‑lead‑zinc; copper associated with quartz‑alunite ribs.
  • Sampling Program: 96 grab rock samples collected; assay results received for 39 samples.
  • Assay Highlights:
  • 7 samples > 100 ppm Cu (max 401 ppm, avg 152 ppm).
  • 1 vein sample: 326 g/t Ag and 1.52 % Zn.
  • Remaining samples below detection or not significant.
  • Planned Work: Winter 2025/2026 – intensive soil sampling, induced polarization (IP) geophysical surveys, additional geological mapping and sampling to delineate drill targets.
  • Management Comment: J. Duane Poliquin emphasized the identification of a large alteration zone interpreted as a porphyry lithocap and outlined continued advancement of early‑stage projects and drilling plans for 2025–2026.
  • Qualified Person: Morgan J. Poliquin, PhD, PEng – President & CEO, Almadex Minerals (NI 43‑101 QP).

Notable Quotes

“Our regional exploration program continues to identify new porphyry lithocap targets for acquisition… We fully expect the remainder of 2025 and 2026 to be an important time for our company.” – J. Duane Poliquin, Chairman, Almadex Minerals.

Read the original news release →

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Drill Results