News about Almadex Minerals

Almadex Minerals expanded its claim block at the New Hope copper-gold porphyry project in Arizona, covering a broad area of high chargeability east of its two-hole drilling campaign. Mapping and geophysics suggest the drilled holes sit on the western edge of a 2.5 km x 0.75 km zone of phyllic and remnant lithocap alteration, and IP work extended the anomaly 1.95 km east. The second hole returned 6.00 metres at 0.15% copper and 156 ppm molybdenum, including 2.00 metres at 0.34% copper. The company is designing a potential phase II drilling program. At the King target in Colorado, one hole reached 980 metres, and samples are awaiting assay.