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Drill Results

Almadex Provides Exploration and Drilling Update and Plans for Remainder of 2025

By The Northwire Desk — AI Analysis Sep 03, 2025 · 13:55 DEX · 0.435 Almadex Minerals Ltd.
DEX · Price

Executive Summary

  • Almadex Minerals reports completion of two diamond drill holes at the Paradise Project (Nevada) with assays pending and a third hole to commence shortly.
  • The company announced acquisition of several new projects in 2025, including Red Antler (Utah), Ruby Hill (Nevada), and a rare‑earth project in New Mexico, and outlined planned first‑pass drilling on multiple targets through 2025‑2026.

Key Details

  • Paradise Project (Nevada) – Two diamond drill holes completed; third hole to start soon; assay results pending.
  • Future Drilling Plans – First‑pass drilling slated for an Azucar Minerals‑optioned project (pending TSX‑V approval) and the New Hope, Arizona porphyry target later in 2025.
  • New Acquisitions (2025) – Red Antler (Utah), Ruby Hill (Nevada) epithermal silver‑gold projects, and a rare‑earth exploration project in New Mexico were added to the portfolio.
  • Project‑Level Field Work – Ongoing field programs at Bald Valley and White River (NV), Red Antler (UT), and Big Sky (NM) aimed at defining drill targets; results will be reported when available.
  • Technical Review – Morgan J. Poliquin, PhD, PEng, President & CEO, qualified person under NI 43‑101, reviewed and approved the scientific content.
  • Assay Methodology – Gold samples analyzed by fire assay with AAS; values >10 g/t re‑analyzed by gravimetric finish at ALS Chemex Laboratories.

Notable Quotes

“Exploration continues to advance our newly acquired portfolio of high-quality porphyry lithocap, epithermal precious metal and other targets in the western USA. We look forward to further advancing the portfolio with geological fieldwork and targeted drilling in the remainder of 2025 and 2026.” – J. Duane Poliquin, Chairman, Almadex Minerals Ltd.

Read the original news release →

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