Northwire Canada EditionFriday, July 10, 2026
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TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
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.

By The Northwire Desk — AI Analysis Jun 16, 2026 · 17:05 DEX · 0.425 Almadex Minerals Ltd.
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 →

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