Almadex Minerals completes challenging drill hole in Nevada, continues exploration and geophysical surveys

From GlobeNewswire: 2024-12-02 15:26:00

Almadex Minerals Ltd. has completed a challenging drill hole at the Sinter Zone in Nevada, revealing unexpected faulting. Further drilling will occur after interpreting results. Exploration also continues on copper-gold targets in Nevada. The company is conducting geophysical surveys to define drill targets for future programs. Crews are actively exploring for new gold and copper-gold potential in the western USA.

The Sinter Zone at the Paradise-Davis Project in Nevada covers an area of high-level epithermal alteration and veining. Mapping has identified typical features of an epithermal system, with plans for geophysical surveys to better define the geology. Sampling has shown anomalous gold and silver values, confirming the area’s potential. Almadex is focusing on high-quality porphyry lithocap targets in the western USA.

J Duane Poliquin, Chairman of Almadex, is optimistic about the ongoing exploration work and plans to test new targets with in-house drilling capacity. The company aims to continue drilling exploration into 2025. Qualified Person Morgan J Poliquin has reviewed the technical aspects of the exploration work. Almadex owns portable diamond drill rigs for cost-effective exploration.

Almadex Minerals Ltd. is actively engaged in exploration projects in Canada, the U.S., and Mexico. The company’s mineral portfolio has been built over years of prospecting and deal-making. Forward-looking statements in this release highlight the company’s focus on advancing exploration targets and conducting further drilling. Readers are advised to evaluate uncertainties in the market. Contact Almadex Minerals Ltd. for more information.



Read more at GlobeNewswire: Almadex Provides Exploration Update, Commences Geophysical