December 9, 2022

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Almadex Provides Exploration Update | Financial Post

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VANCOUVER, British Columbia, Nov. 22, 2022 (GLOBE NEWSWIRE) — Almadex Minerals Ltd. (“Almadex” or the “Company”) (TSX-V: “DEX”) is pleased to announce that earlier this month it commenced drilling on two projects: Davis/Paradise in Nevada and San Pedro in Mexico. Drilling continues at San Pedro however cold temperatures and snow fall have curtailed drilling at Davis/Paradise after completion of the first hole. The Company’s Nevada based drill has been moved elsewhere for a short end of year contract. It is hoped that drilling can resume at Davis/Paradise early in 2023.

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Morgan J Poliquin, PhD, P.Eng. a Qualified Person as defined by National Instrument 43-101 (“NI 43-101”) has reviewed and approved the technical contents of this new release.

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About Almadex

Almadex Minerals Ltd. is an exploration company that holds a large mineral portfolio consisting of exploration projects and NSR royalties in Canada, the U.S., and Mexico. This portfolio is the direct result of many years of prospecting and deal-making by Almadex’s management team. The Company remains focussed on grassroots exploration, acquisition and drilling mineral projects, on its own and in partnership with others, with the goal of creating new mineral resources and royalty holdings. The Company owns several portable diamond drill rigs, enabling it to conduct cost effective first pass exploration drilling in house.

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On behalf of the Board of Directors,

“J. Duane Poliquin”        

J. Duane Poliquin, Chairman
Almadex Minerals Ltd.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within it, other than statements of historical fact, are…

GlobeNewswire

2022-11-22 14:31:16

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