Almadex: Drilling into Western USA's Porphyry Copper-Gold Potential in 2025

Almadex Minerals Ltd. (TSXV: DEX) has been making strategic strides in the Western U.S., amassing a portfolio of drill-ready porphyry copper-gold targets. With a strong treasury of over $13 million and an experienced team led by President & CEO Morgan Poliquin, Ph.D., the company is poised to create value through drilling and partnerships in 2025. Almadex's exploration strategy in the Western U.S. offers several advantages, including favorable geology, political stability, and underexplored potential.

The company's in-house drilling capability provides a competitive edge, enabling Almadex to test early-stage targets with less expense and adapt plans on the fly. This approach allows for shorter, proof-of-concept drill programs without committing to longer campaigns, aligning with the realities of greenfields exploration. Owning drills allows Almadex to reduce drilling costs and provides flexibility, as stated by Morgan Poliquin: "Owning drills allows Almadex to test early-stage targets with less expense and adapt plans on the fly, based on results. The company can complete short, proof-of-concept drill programs without locking into longer campaigns. It's a fit-for-purpose approach aligned with the realities of greenfields exploration." (Source: Almadex Minerals Ltd. press release, June 11, 2024)

Almadex's exploration strategy in the Western U.S. is driven by a proven exploration methodology that focuses on detecting large zones of clay alteration overlying buried porphyry deposits. This approach has been successful in identifying high-priority porphyry targets, such as the ones at the Paradise project in Nevada. The company's experienced team, led by Poliquin, has a multi-decade track record in exploration, contributing to Almadex's confidence in its ability to discover large-scale copper-gold porphyry deposits.

The scarcity of new copper and gold discoveries globally, combined with rising prices for these metals, creates a favorable market environment for Almadex's exploration efforts. The company's focus on drill-ready porphyry targets in stable jurisdictions aligns with the demand for these metals and the need for new, large-scale deposits. By successfully exploring and developing these targets, Almadex aims to create value through drilling and partnerships in 2025 and beyond.



Almadex's exploration portfolio in the Western U.S. includes projects such as the Paradise porphyry copper-gold prospect in Nevada, the New Hope porphyry copper project in Arizona, and the Pilot Mountain porphyry copper-gold prospect in Nevada. The company plans to advance these projects with surface exploration programs, including mapping, soil and rock sampling, and geophysical surveys. Generative work focused on high sulphidation and porphyry systems will continue, with the goal of identifying new gold and copper-gold potential in the region.

In conclusion, Almadex Minerals Ltd. is well-positioned to capitalize on the porphyry copper-gold exploration potential in the Western U.S. With a strong treasury, experienced team, and in-house drilling capability, the company is poised to create value through drilling and partnerships in 2025. Almadex's exploration strategy in the region offers several advantages, including favorable geology, political stability, and underexplored potential. As the company advances its exploration projects and seeks new opportunities, investors should keep a close eye on Almadex's progress in the Western U.S.