Northwire Canada EditionSunday, September 13, 2026
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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 Commences Drilling at the King Copper-Gold Porphyry Exploration Target, Colorado

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

By The Northwire Desk — AI Analysis Aug 25, 2026 · 07:30 DEX · 0.445 Almadex Minerals Ltd.
Executive Summary

Almadex Minerals Ltd. (DEX) has begun initial drilling at its King project in south-central Colorado. The company is using in-house portable diamond drill rigs to keep first-pass exploration costs low. This initial phase is strictly orientational, designed to facilitate planning for potential future drilling, with explicit disclaimers that there is no guarantee of mineral discovery.

The project targets a porphyry lithocap and high sulphidation alteration zone within volcanic rocks. These features were previously identified through 2024 geological mapping, rock and soil sampling, and geophysical surveys. Induced polarization (IP) survey data highlighted a large chargeability feature coincident with anomalous Mo-Cu-Au geochemistry, which guided the initial drill target.

Material Impact

Almadex Minerals Ltd. (DEX) has commenced first-pass drilling at an early-stage, generative target, a move that aligns with the 2026 exploration roadmap previously outlined by management. The activity is purely exploratory, with no new financial commitments, production changes, or reserve expansions disclosed.

The market has already priced in this phase, as evidenced by the stock's consolidation in the $0.37–$0.43 range following the Q2 2026 earnings context.

DEX · Price
Company Overview

Almadex Minerals Ltd. (DEX) is a prospect generator and early-stage explorer focused on porphyry copper-gold and epithermal gold-silver systems in the Western U.S. and Canada. Its key projects include New Hope (AZ), Paradise (NV), King (CO), Ruby Hill (NV), and Red Antler (UT), alongside a diversified portfolio of NSR royalties across Canada, the U.S., and Mexico. The company utilizes six owned portable diamond drill rigs to conduct cost-effective first-pass exploration, offsetting expenditures through contract drilling services.

Read the original news release →

More from Almadex Minerals Ltd.

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 Jun 29, 2026 · 07:30

Almadex Announces Sale of El Cobre NSR Royalty

M&A / Property Jun 16, 2026 · 17:05

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

Drill Results