VANCOUVER, B.C. , March 27, 2018 -- Almadex Minerals Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement with the issuance of 4,000,000 units at $1.40 per Unit. Each Unit consists of one common share of the Company and one-half of one non-transferable common share purchase warrant . Each Warrant allows the holder to purchase one common share of the Company at a price of [...]
British Columbia, March 01, 2018 -- Almadex Minerals Ltd. is pleased to announce a proposed non-brokered private placement financing of up to 4,000,000 units to raise approximately $5,600,000 at a price of $1.40 per Unit. Each Unit will consist of one common share of the Company and one-half of one whole non-transferable common share purchase warrant, each whole share purchase warrant entitling the holder thereof to [...]
Almadex Minerals is pleased to announce that its Board of Directors has unanimously approved a strategic reorganization of its business. Almadex's early stage exploration projects, royalty interests and certain other non-core assets will be transferred to a newly incorporated company. Almadex shareholders will receive shares in Spinco in proportion to their shareholdings in Almadex . Spinco will hold the following key [...]
Almadex Minerals is pleased to announce it has received the final assay results from the final 2017 drill holes EC-17-043 and 044. The Raya Tembrillo area is the very northern part of the large Villa Rica Zone of the El Cobre property and is located approximately two kilometers south of the Norte Zone where most of the previous drilling since 2016 on the El Cobre property has been carried out. The Porvenir Zone is located [...]
Almadex Minerals Ltd. is pleased to announce it has received assay results from holes EC-17-036 and 041 from the Raya Tembrillo area which is the very northern part of the large Villa Rica Zone of the El Cobre property. This area is located approximately two kilometers south of the Norte Zone where since 2016 most of our drilling on the El Cobre property has been focussed. The holes reported today were drilled from the [...]
Almadex Minerals Ltd. is pleased to announce it has received assay results from holes EC-17-040 and 042, the first drilled since 2013 at the Porvenir Zone which is located roughly 3 km to the southeast of the Norte Zone and 1.8 km southeast of the Raya Tembrillo area of the Villa Rica Zone. Since 1998, the El Porvenir area has seen 18 past diamond and RC drill holes many of which intersected important porphyry [...]
Almadex Minerals Ltd. is pleased to announce it has received assay results from holes EC-17-037, 038 and 039, the first ever drilled at the Raya Tembrillo area which is the very northern part of the large Villa Rica Zone of the El Cobre property. This area is located approximately two kilometers south of the Norte Zone where previous drilling on the El Cobre property has been carried out. All holes reported today were [...]
Almadex Minerals is pleased to announce it has received assay results from hole EC-17-034 of the 2017 Norte drilling program. EC-17-034 was drilled to test for the continuity of mineralisation within the area of defined mineralisation and to the northwest, between previous holes EC-17-030 and EC-16-016, and helps define and confirm mineralisation in this area. Highlights include the following intercepts all of which are [...]
VANCOUVER, BC--(Marketwired - September 14, 2017) - Almadex Minerals Ltd. ("Almadex" or the "Company") (TSX VENTURE: AMZ) (OTCQX: AXDDF) is pleased to announce it has received assay results from hole EC-17-033 of the 2017 Norte drilling program. EC-17-033 was drilled to test for the continuity of mineralisation within the area of defined mineralisation, between previous holes EC-17-017 and 026, and helps define and [...]
Almadex Minerals is pleased to announce it has received assay results from hole EC-17-030 of the 2017 Norte drilling program. EC-17-030 was drilled to test for the continuation of mineralisation to the northwest and intersected high-grade mineralization and a broad zone of intense stockwork veining and potassic alteration accompanied by significant copper and gold grades. These results trace higher grade mineralisation [...]
VANCOUVER, BC--(Marketwired - August 15, 2017) - Almadex Minerals Ltd. ("Almadex" or the "Company") (TSX VENTURE: AMZ) (OTCQX: AXDDF) is pleased to announce it has received assay results from hole EC-17-029 of the 2017 Norte drilling program. EC-17-029 was drilled to target and expand the high grade mineralization and intersected high grade mineralization and multiple zones of intense stockwork veining and potassic [...]
VANCOUVER, BC--(Marketwired - August 03, 2017) - Almadex Minerals Ltd. ("Almadex" or the "Company") (TSX VENTURE: AMZ) (OTCQX: AXDDF) is pleased to announce it has received assay results from hole EC-17-027 of the 2017 Norte drilling program. EC-17-027 was drilled to target and expand the high grade mineralisation, and intersected multiple zones of intense stockwork veining and potassic alteration accompanied by [...]