Almadex Minerals Ltd. is pleased to provide an update on its projects, partner activities and exploration plans for 2022. The Company and its predecessors have acquired a portfolio of mineral projects in North America through grassroots exploration and agreements. The goal is to make new discoveries on these projects through drilling focussed exploration programs directly or in partnership with third parties. The Company [...]
Almadex Minerals Ltd. is pleased to announce the appointment of Darcy Marud and Tracey Meintjes to Almadex's Board of Directors. In addition, Almadex announces the departure of long-standing director, John "Jack" McCleary, who is retiring after many years of valued service. Mr. Marud is a Professional Geologist with more than 30 years of precious metals exploration experience in the Americas and is an active member of the [...]
Almadex Minerals Ltd. is pleased to provide an additional update on activities further to the Company's news release of April 6, 2021, which provided an overview of planned activities by the Company and its partners for 2021 at its mineral properties in British Columbia, Nevada, and Mexico. A summary of the work underway or planned for each project is provided below, including information on the San Pedro drill program [...]
Almadex Minerals Ltd. is pleased to provide an additional update on activities further to the Company's news release of April 6, 2021, which provided an overview of planned activities by the Company and its partners for 2021 at its mineral properties in British Columbia, Nevada, and Mexico. San Pedro Property, Mexico The 990 Ha San Pedro project is 100% owned by Almadex and is located in Jalisco State, Mexico. It is [...]
Almadex Minerals Ltd. and its 100% owned subsidiary Almadex Royalties Limited, is pleased to announce the completion of the previously announced sale of its 2% net smelter return royalty on the Elk Property to Star Royalties Ltd. , as further described in the Company's press release of September 28, 2021. Almadex currently has approximately CAD$16.5 million in cash and holds approximately 2.3% of the issued and [...]
Almadex Minerals Ltd. and its 100% owned subsidiary Almadex Royalties Ltd., is pleased to announce that it has entered into a definitive agreement regarding the sale of the 2.0% NSR royalty on the Elk Gold Project, located near Merritt, B.C. to Star Royalties Ltd. for total consideration of US$10.63 million . The consideration payable upon closing includes US$10 million in cash and the issuance to Almadex of 1,659,304 [...]
Almadex Minerals Ltd. is pleased to provide an update on the 1.5% NSR royalty the Company holds on the Caballo Blanco project , located in Veracruz, Mexico. On September 22, 2021, the operator of the Caballo Blanco project, Candelaria Mining Corp. , announced that it had closed the first tranche of a financing in the amount of approximately $7.9 million. Agnico Eagle Mines Ltd. subscribed for approximately $6 million of [...]
Almadex Minerals Ltd. reports that the option agreement it announced on September 14, 2020 with Makara Mining Corp. , regarding the Davis/Paradise Valley property located in Nye County, Nevada, has been terminated by the Company in accordance with its terms. Almadex consolidated the Davis/Paradise Valley area during 2019 by optioning from the underlying owners the Davis property, which adjoins the Paradise Valley property [...]
Almadex Minerals Ltd. is saddened to report that Mr. William J. Worrall, Q.C., Director of Almadex, passed away unexpectedly this weekend. Bill served as highly valued corporate counsel to Almadex since its inception. Duane Poliquin, Chairman of Almadex, said, "Bill has been a good friend and highly trusted and valuable Board member for many years. His sage advice will be sorely missed." All of Almadex would like to [...]
Almadex Minerals Ltd. announces that, pursuant to its Stock Option Plan, it has granted stock options to certain directors, employees, and consultants of the Company to purchase an aggregate 757,800 common shares in the capital of the Company at an exercise price of $0.30 per share which expire on July 8, 2023. About Almadex Almadex Minerals Ltd. is an exploration company that holds a large mineral portfolio consisting of [...]
Almadex Minerals Ltd. is pleased to provide an update on the 2.0% NSR royalty the Company holds on the Elk project , located near Merritt, B.C. Gold Mountain Mining Corp. continues to report significant progress on its drilling, mine planning and permitting work at Elk. On April 14, 2021, GMTN announced results from the down-dip portion of its Phase 1 drill program at Elk. Highlights of the results include the following [...]
Almadex Minerals Ltd. announces that, pursuant to its Stock Option Plan, it has granted stock options to certain directors, officers, and consultants of the Company to purchase an aggregate 3,189,200 common shares in the capital of the Company at an exercise price of $0.26 per share which expire on May 11, 2023. About Almadex Almadex Minerals Ltd. is an exploration company that holds a large mineral portfolio consisting [...]