Almadex Intersects Copper Mineralisation, Expands IP Anomaly at New Hope And Provides Exploration Update

About this update from Almadex Minerals Ltd.

New Hope Project - 598,500E Chargeability Pseudo Section Select representative core photos from hole NH-26-002 Select representative core photos from hole NH-26-002 (cont.) VANCOUVER, British Columbia, June 30, 2026 (GLOBE NEWSWIRE) -- Almadex Minerals Ltd. ("Almadex" or the "Company") (TSX-V: "DEX") is pleased to announce that it has received and interpreted results from the second hole of its two hole, first pass drill program at its wholly owned New Hope copper-gold porphyry exploration project in Arizona, USA. The Company also provides an update on the induced polarisation ("IP") geophysical program at New Hope and its upcoming exploration drilling plans. Details are provided below. Highlights J Duane Poliquin, Chairman of Almadex commented, "The final results reported today from Almadex's first ever drill program on the New Hope property confirm the presence of a large alteration system that is copper bearing. We look forward to continuing our first-pass drilling program on our newly generated portfolio of exploration projects." New Hope Project Assay Results and Hole 2 Observations The New Hope project covers a large (2.5 by 0.75 km) area of mapped phyllic and remnant lithocap porphyry alteration. Recent drone-based magnetics suggest that the drilling to date is on the western edge of the alteration zone and a broad magnetics low associated with this alteration zone. The recent IP lines surveyed to the east of the initial line supports this interpretation as the chargeability remains strong and open in this direction. Assay results have been received from the second hole of the now complete first pass, two hole drill program at New Hope.

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