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Almadex Provides Paradise Drilling Update and Discusses Davis High Grade Gold and Silver Targets
VANCOUVER, British Columbia, Sept. 26, 2025 (GLOBE NEWSWIRE) -- Almadex Minerals Ltd. ("Almadex"&...
About this update from Almadex Minerals Ltd.
[{"type":"text","content":"Almadex Provides Paradise Drilling Update and Discusses Davis High Grade Gold and Silver Targets\n\n\n\n VANCOUVER, British Columbia, Sept. 26, 2025 (GLOBE NEWSWIRE) -- Almadex Minerals Ltd. (\"Almadex\" or the \"Company\") (TSX-V: “DEX”) is pleased to provide a review of past and current exploration activity at the Davis and Paradise Projects, Nevada. In 2019, Almadex consolidated the Davis-Paradise Valley area by optioning the Davis property from the underlying owners. The Davis claims adjoin the Paradise Valley property which had been staked by Almadex. The property now comprises 358 claims totalling approximately 2,800 hectares with multiple targets, located approximately eight miles southeast of Gabbs, Nevada and five miles northeast of the Paradise Peak gold mine.\n \n\n The Company has a large portfolio of recently acquired exploration projects in the western USA that are prospective for porphyry copper-gold and epithermal gold-silver mineralisation. The in-house approach to acquire these targets includes focussing on zones of exposed advanced argillic alteration in and along very specific geologic regions and trends the Company has defined as prospective using proprietary tools. Mapping these alteration zones mineralogically defines whether or not they represent the upper portions of a porphyry copper-gold system and worthy of acquisition. Porphyry deposits are amongst the largest class of mineral deposit for their global endowment of metals like copper, gold and molybdenum and as such the earth has been scoured for near surface deposits of this type. Future exploration will require deep exploration. Exploring in the upper, often barren, tops of porphyry systems in the last decade has shown to have revealed large discoveries globally. Almadex’s team is focussed on such exploration for buried deposits in the western USA and over three years has assembled this important exploration portfolio of porphyry lithocap alteration zones. The Company is financed to conduct first pass drilling and plans to systematically carry out vector type drill programs over each of its projects. These drill programs are designed to test these projects for mineralisation, and as such are discovery oriented. But these scout drilling programs are intended to provide important early-stage three-dimensional geological ...