Northwire Canada EditionSunday, November 1, 2026
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
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 →

More from Almadex Minerals Ltd.

Oct 21, 2026 · 15:31

Almadex continues expanding its claim package around early-stage porphyry drill results that show weak grades.

Drill Results Aug 25, 2026 · 07:30

Almadex advances King project drilling with proceeds from royalty sales to fund operations.

Drill Results Aug 06, 2026 · 05:58

Almadex sells an NSR interest for modest cash, capping long-term royalty upside.

M&A / Property Aug 05, 2026 · 17:54

Almadex Announces Completion of Sale of Royalty Interests

M&A / Property Jul 10, 2026 · 07:30

Almadex uses royalty monetization proceeds to fund exploration, despite the stock drifting lower due to a lack of near-term catalysts.

M&A / Property Jun 30, 2026 · 17:08

Almadex’s early-stage porphyry drilling confirms an alteration footprint while delivering sub-commercial grades, with capital preservation remaining the primary metric.

Drill Results