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Almadex Provides Review of Canadian Zinc-Silver Assets Including the Logan Project
VANCOUVER, British Columbia, July 25, 2025 (GLOBE NEWSWIRE) -- Almadex Minerals Ltd. (“Alm...
About this update from Almadex Minerals Ltd.
[{"type":"text","content":"Almadex Provides Review of Canadian Zinc-Silver Assets Including the Logan Project\n\n\n\n VANCOUVER, British Columbia, July 25, 2025 (GLOBE NEWSWIRE) -- Almadex Minerals Ltd. (“Almadex” or the “Company”) (TSX-V: DEX) is pleased to provide a review of its wholly owned Logan Zinc-Silver Project (“Logan”) in Yukon Territory, Canada, and highlights of recent developments at the Tim Property, where the Company holds a 2% net smelter return (NSR) royalty.\n \n\n\n Logan Project Highlights\n \n\n\n Almadex’s Logan Project is located 108 km northwest of Watson Lake in south central Yukon, strategically located near existing infrastructure. The project hosts a significant zinc-silver resource as summarised below:\n \n\n\n Indicated Mineral Resource of 2.6 million tonnes grading 5.1% zinc and 23.1 g/t silver;\n \n\n Inferred Mineral Resource of 16.9 million tonnes grading 4.3% zinc and 18.2 g/t silver;\n \n\n At-surface high-grade zone with potential amenability to open-pit mining;\n \n\n Expansion potential at depth and along strike.\n \n\n\n\n\n The resource was outlined in the mineral resource estimate disclosed in the Company’s January 26, 2023 news release, and is detailed in the technical report titled “\n \n NI 43-101 Technical Report Updated Mineral Resource Estimate Logan Property\n \n ”, dated March 7, 2023. The report was prepared by Michael Dufresne, M.Sc., P.Geol., P.Geo. (AB, BC), Kristopher J. Raffle, P.Geo. (BC), and Alfonso Rodriguez, M.Sc., P.Geo. (BC), serving as President and Principal Consultant, Principal Geologist, and Senior Geologist, respectively, with APEX Geoscience Ltd. of Edmonton, Alberta. All authors are independent Qualified Persons as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.\n \n\n Drill results suggest excellent continuity of mineralization over a significant strike length and to depth, with substantial room for resource expansion both laterally and below the current pit shell. In addition, re-analysis of historical drill core has identified potential economically significant values of indium - a critical metal integral to solar panels, advanced electronics, and next-generation vehicles - averaging 35 ppm and up to 273 ppm.\n \n\n The deposit is hosted in a tabular zone of fracture a...