Almadex Announces that Drilling is Underway at the Paradise Project, Nevada
NEWS RELEASE
July 25, 2024
Trading Symbols:
TSX-V: DEX
www.almadexminerals.com
Almadex Announces that Drilling is Underway at the Paradise Project, Nevada
VANCOUVER, B.C. Almadex Minerals L td. ("Almadex" or the "Company") (TSX-V: “DEX”) is pleased to
announce that diamond drilling has commenced at the Company’s Paradise project in Nevada, USA.
The current drill program has been designed to test lithocap targets for potential underlying copper -gold
porphyry mineralisation . As described in its news release of February 27 th, 2024 , Almadex defined a
porphyry copper-gold target at Paradise through mapping and soil geochemistry . The company has now
completed the first hole and has started a second.
Morgan J Poliquin, President, CEO and a Director of the Company commented, “Testing the lithocap target
at Paradise is a milestone for the Company. We hope this initial program will provide a much better
understanding of this system and a vector to a porph yry centre within the large area of lithocap alteration
our work has defined. We look forward to providing results once received.”
Qualified Persons
Morgan J Poliquin, PhD, PEng, the President and CEO of Almadex and a Qualified Person as defined by
National Instrument 43-101 ("NI 43-101"), has reviewed and approved the scientific and technical contents
of this news release.
About Almadex
Almadex Minerals Ltd. is an exploration company that holds a large mineral portfolio consisting of 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 owns several portable
diamond drill rigs, enabling it to conduct cost effective first pass exploration drilling in house.
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 to be considered forward looking. Forward -looking statements in this news release include, among
other things, any work to advance the Paradise project. Although the Company believes the expectations expressed in such forward-
looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual
results or develop ments may differ materially from those in forward -looking statements. Factors that could cause actual results to
differ materially from those in forward -looking statements include market prices, exploitation and exploration successes, permitting,
continued availability of capital and financing, equipment availability, relationships with third -party clientele and their willingness or
ability to continue to use the Company’s drills for exploration, and general economic, market or business conditions. There can be no
assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of su ch
uncertainties. The Company does not assume any obligation to update any forward -looking statements, other than as requir ed
pursuant to applicable securities laws.
Contact Information:
Almadex Minerals Ltd.
Tel. 604.689.7644
Email: [email protected]
http://www.almadexminerals.com/