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Highlights
- Almadex Minerals initiated diamond drilling at its Paradise Project lithocap target in Nevada.
- The company plans 3–4 drill holes to assess near-surface gold and deeper porphyry mineralization.
- Almadex used geophysical and geological data to refine targets within a high-sulphidation alteration zone.
Almadex Minerals Ltd. (TSX-V: DEX) is a mineral exploration company with a portfolio of projects and net smelter return (NSR) royalties across Canada, the United States, and Mexico. The company operates several of its early-stage drilling programs in-house using portable diamond drill rigs, and its exploration activities are the result of long-term fieldwork and agreements negotiated by its management team.
The company has commenced a diamond drilling program at its Paradise Project in Nevada, targeting both shallow gold mineralization and deeper porphyry-style systems within a defined lithocap alteration zone. The company plans to drill three to four holes based on prior exploration work and recent geophysical surveys.
The announcement, made on June 18, 2025, marks the next phase of exploration for the Paradise Project, located on a wholly owned 1,547-hectare property. The drill targets are designed to test areas of interest identified through previous soil sampling, mapping, and drilling, as well as newly acquired data from geophysical surveys conducted earlier this year.
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