Almadex Minerals talks North American royalty holdings

Dr. Morgan Poliquin reports ALMADEX MINERALS HIGHLIGHTS STRATEGIC PORTFOLIO OF MINING ROYALTIES ACROSS NORTH AMERICA Almadex Minerals Ltd. provided a comprehensive overview of its diversified portfolio of royalties on precious and base metal projects throughout North America. Many of these royalties were generated through Almadex's long-standing prospect generator model, providing shareholders with meaningful exposure to potential future discoveries and production while eliminating capital and operating risk. Royalty portfolio overview Almadex holds numerous net smelter return (NSR) royalties ranging from 0.5 per cent to 2.0 per cent, covering assets in Canada, the United States and Mexico. This portfolio reflects over two decades of exploration success and partnership development by the Almadex team and its predecessor companies. Key royalty interests Canada: Dillard (British Columbia) -- 2.0-per-cent NSR royalty; operator -- Kodiak Copper Corp.: Covers the Dillard zone, one of the mineralized zones forming part of the MPD initial resource estimate released by Kodiak Copper on Aug. 12, 2025; Tim (Yukon) -- 2.0-per-cent NSR royalty ; operator -- Silver North Resources Ltd. (Coeur Mining Inc. partner): Almadex holds a 2-per-cent NSR royalty on the Tim property, located 72 kilometres west of Watson Lake, Yukon, and 19 kilometres northeast of Coeur Mining's Silvertip mine; the property is owned by Silver North Resources and is currently being advanced under an option agreement by Coeur Mining, which can earn up to an 80-per-cent interest through staged exploration expenditures and a positive feasibility study; Ponderosa (British Columbia) -- 2.0-per-cent NSR royalty; operator -- AuGold Corp.: Gold-silver mineralization hosted within epithermal systems near Merritt, B.C., in the Spences Bridge gold belt; Prospect Valley (British Columbia) -- 2.0-per-cent NSR royalty; operator -- Westhaven Ventures Inc.: A gold-silver property within the Spences Bridge gold belt, proximal to Westhaven's Shovelnose discovery; Skoonka Creek (British Columbia) -- 2.0-per-cent NSR royalty; operator -- Westhaven Ventures Inc.: Another asset in the Spences Bridge gold belt, offering exposure to a growing district of epithermal gold discoveries; Goz (Yukon) -- 2.0-per-cent NSR royalty; operator -- Silver North Resources: Covers polymetallic (zinc-silver-copper-gold-lead) mineralization; Mor (Yukon) -- 2.0-per-cent NSR royalty; operator -- Silver North Resources Ltd.: Hosts strata-bound base metal mineralization and remains an attractive exploration target in Yukon's Finlayson Lake district; Ram (Yukon) -- 2.0-per-cent NSR royalty; operator -- Long & Associates: Early-stage gold-silver exploration in a geologically favourable setting, contributing additional upside to Almadex's Yukon exposure. United States: Willow (Nevada) -- 2.0-per-cent NSR royalty; operator -- Abacus Mining & Exploration Corp.: A copper-gold porphyry target west of Nevada's Yerington district, home to significant copper deposits; drilling and geophysics have outlined strong porphyry indicators. Mexico: La Bufa (Chihuahua) -- 2.0-per-cent NSR royalty; operator -- Endeavour Silver Corp.: Covers gold-silver mineralization within one of Mexico's prolific silver belts; Caballo Blanco (Veracruz) -- 1.5-per-cent NSR royalty; operator -- Candelaria Mining: A near-surface oxide gold-silver deposit originally discovered by Almadex's technical team; the project remains one of eastern Mexico's largest undeveloped precious metal systems with district-scale exploration potential; El Cobre (Veracruz) -- 1.75-per-cent NSR royalty; operator -- Azucar Minerals Ltd.: A large copper-gold porphyry alteration system with multiple mineralized centres along a four-to-five-kilometre trend; Cerro Colorado (Oaxaca) -- 2.0-per-cent NSR royalty; operator -- Gold Resource Corp.: Located near-producing operations, this gold-silver project offers near-surface oxide potential with strong infrastructure and accessibility; El Encuentro (Sinaloa) -- 2.0-per-cent NSR royalty; operator: McEwen Mining Inc.: Situated in a productive gold-silver belt, approximately 10 kilometres from McEwen's El Gallo gold and silver mine; the project provides exposure to potential expansion of McEwen's regional operations and an annual advance royalty payment of $33,332 (U.S.); El Fuego (Oaxaca) -- 2.0-per-cent NSR royalty; operator -- Gold Resource: Covers prospective ground within the same structural trend as producing gold-silver mines in Oaxaca, offering potential for future development; Los Venados (Sonora) -- 2.0-per-cent NSR royalty; operator -- Alamos Mining Corp.: Located in the Mulatos district, this property is prospective for epithermal and porphyry-style gold-silver mineralization adjacent to operating mines; Los Venados was purchased from Aloro Mining Corp. through a mineral property purchase agreement dated May 7, 2025 (closure pending). Strategic value and outlook Collectively, these royalties provide leverage to a wide range of projects at varying stages of exploration and development, operated by a diverse group of established and emerging companies. The portfolio offers exposure to gold, silver, copper, zinc and lead, reflecting Almadex's legacy, technical expertise and broad generative footprint. "Our royalty portfolio captures two decades of exploration success and partnership creation," stated Dr. Morgan Poliquin, PhD, PEng, president and chief executive officer of Almadex Minerals. "From copper-gold porphyry systems like Kodiak's Dillard zone in British Columbia to silver-rich districts in Mexico and polymetallic projects in Yukon, Almadex is exposed to third party success while preserving the financial strength to advance our own generative work." Technical and third party information Dr. Morgan J. Poliquin, PhD, PEng, the president and chief executive officer of Almadex and a qualified person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical contents of this news release. The disclosure in this press release is based on information publicly disclosed by the owners or operators of these properties and information/data available in the public domain as at the date hereof and none of this information has been independently verified by Almadex. Although Almadex does not have any knowledge that such information may not be accurate, there can be no assurance that such third party information is complete or accurate. Almadex's royalty interests may cover less than 100 per cent and sometimes only a portion of the publicly reported mineral reserves, mineral resources and production of a property. About Almadex Minerals Ltd. Almadex is a North American prospect generator and exploration company with a portfolio of projects, royalties and in-house drilling capacity. Led by a team credited with multiple discoveries, Almadex applies a data-driven targeting model to explore for concealed porphyry copper-gold and epithermal gold-silver systems. The company is well financed, holds physical gold in treasury, and maintains exposure to numerous discovery opportunities through its exploration and royalty assets. We seek Safe Harbor.