Northwire Canada EditionSunday, September 13, 2026
Northwire
GOLD 4408.90 +0.0% SILVER 65.19 +0.4% COPPER 6.55 +0.0% OIL 100.05 −2.4% PALLADIUM 1323.90 +2.3% PGZ 0.170 +3.0% TMQ 4.55 −1.3% SLI 3.08 −1.0% ROX 0.050 −9.1% USHA 0.045 +0.0% ALGR 0.710 +2.9% MINE 0.120 −4.0% KC 0.330 +4.8% EMO 0.335 +0.0% CCM 0.700 +4.5% MAI 5.97 −0.7% PPM 0.015 +0.0% CRE 0.370 +10.4% MNO 1.87 +0.5% FEO 0.810 +3.9% LBNK 0.680 −4.2% GOLD 4408.90 +0.0% SILVER 65.19 +0.4% COPPER 6.55 +0.0% OIL 100.05 −2.4% PALLADIUM 1323.90 +2.3% PGZ 0.170 +3.0% TMQ 4.55 −1.3% SLI 3.08 −1.0% ROX 0.050 −9.1% USHA 0.045 +0.0% ALGR 0.710 +2.9% MINE 0.120 −4.0% KC 0.330 +4.8% EMO 0.335 +0.0% CCM 0.700 +4.5% MAI 5.97 −0.7% PPM 0.015 +0.0% CRE 0.370 +10.4% MNO 1.87 +0.5% FEO 0.810 +3.9% LBNK 0.680 −4.2%
Drill Results Neutral

Almadex Announces Staking of Epithermal Precious Metals Prospect, Idaho USA

Almadex continues routine staking with no near-term production or assay catalysts to offset the technical downtrend.

Executive Summary
  • Almadex Minerals staked the Fountain Ridge epithermal precious metals prospect in western Idaho.
  • Geological mapping indicates high-level paleo water table alteration, including silicification, argillic alteration, and sinter deposits consistent with a fossil geothermal system.
  • Initial grab samples returned no significant gold or silver values.
  • The company plans further sampling, mapping, and preliminary induced polarization (IP) geophysical surveys to generate initial drill targets.
  • The property is located ~27 km from the historic DeLamar deposit (~1M oz Au, 50M oz Ag) and ~58 km from Grassy Mountain.
Material Impact
  • Non-material. Staking a new exploration property with no initial assay results is routine for an early-stage explorer. It does not alter the financial outlook, valuation, or near-term catalyst pipeline.
DEX · Price
Company Overview
  • Almadex Minerals is an exploration company focused on porphyry, epithermal, and related copper, gold, and silver deposits in the western United States and Canada.
  • Key projects include Logan (Yukon, Zn/Ag), New Hope (Arizona, Cu-Au porphyry), Paradise (Nevada, Au-Ag porphyry), Rattlesnake (Arizona), Red Antler (Utah), and Ruby Hill (Nevada).
  • Strategy centers on generative exploration, utilizing six owned diamond rigs to lower drilling costs, and pursuing joint venture or option agreements to advance higher-priority targets.
Read the original news release →

More from Almadex Minerals Ltd.