financetom
Business
financetom
/
Business
/
Almadex Minerals Acquires 100% of Rattlesnake Project in Arizona, Plans Winter Exploration Program
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Almadex Minerals Acquires 100% of Rattlesnake Project in Arizona, Plans Winter Exploration Program
Oct 9, 2025 7:08 AM

09:40 AM EDT, 10/09/2025 (MT Newswires) -- Almadex Minerals ( AAMMF ) announced Thursday that it acquired a 100% interest in the Rattlesnake early-stage exploration project by staking.

A statement noted the Project is located in Arizona and was identified as part of Almadex's ongoing regional exploration program in the western US.

The company said that the Rattlesnake Property covers "a currently mapped area of both quartz alunite and argillic hydrothermal alteration developed in andesite volcanic rocks which are crosscut by altered dykes and dyke swarms."

It added that assay results have been received for 39 of the 96 grab rock samples collected on the Property to date.

Almadex said that of the 39 samples for which results have been received, seven of these samples returned over 100 ppm copper (up to 401 ppm copper and averaging 152 ppm copper for all 39 samples), and one grab sample of vein material in the dyke area returned 326 g/t silver and 1.52% zinc. The rest of the samples were either below detection or not significant, added the company.

The company said it is planning an aggressive soil sampling and induced polarization (IP) geophysical program along with further geological mapping and sampling for the winter of 2025/26 at the Rattlesnake Project to define drill targets for preliminary testing.

"This preliminary work at Rattlesnake has identified a large area of alteration we interpret to be part of a porphyry lithocap," said Almadex's chairman J Duane Poliquin. "We will continue to move all our early-stage projects forward this year along with our plans for drilling our more advanced properties."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Venezuela moves to suspend energy agreements with Trinidad, including gas projects
Venezuela moves to suspend energy agreements with Trinidad, including gas projects
Oct 27, 2025
CARACAS, Oct 27 (Reuters) - Venezuela's oil ministry will ask the presidency to suspend a wide cooperation agreement with Trinidad and Tobago for energy development, including joint gas projects in negotiation, the South American country's oil minister said on Monday. Trinidad's previous government had been planning numerous joint gas projects with Venezuela, including the 4.2 trillion cubic feet Dragon field...
CANADA STOCKS-TSX ends lower as price of gold drops below $4,000
CANADA STOCKS-TSX ends lower as price of gold drops below $4,000
Oct 27, 2025
* TSX ends down 0.3% at 30,275.76 * Materials group loses 3.2% as gold falls * Technology adds 1.2% * MEG's shares gain 3.3% as takeover fight ends (Updates at market close) By Fergal Smith TORONTO, Oct 27 (Reuters) - Canada's commodity-linked main stock index edged lower on Monday as the price of gold pulled back below $4,000 per ounce...
Whirlpool Q3 Non-GAAP Earnings Fall, Revenue Rises
Whirlpool Q3 Non-GAAP Earnings Fall, Revenue Rises
Oct 27, 2025
05:10 PM EDT, 10/27/2025 (MT Newswires) -- Whirlpool (WHR) reported Q3 non-GAAP earnings late Monday of $2.09 per diluted share, down from $3.43 a year earlier. Analysts polled by FactSet expected $1.39. Net sales for the three months ended Sept. 30 were $4.03 billion, up from $3.99 billion a year earlier. Analysts surveyed by FactSet expected $3.93 billion. The company...
Insurance broker Brown & Brown Q3 revenue, profit beat estimates
Insurance broker Brown & Brown Q3 revenue, profit beat estimates
Oct 27, 2025
Overview * Brown & Brown ( BRO ) Q3 revenue grows 35.4% yr/yr, beating analyst expectations * Adjusted EPS for Q3 beats consensus, rising 15.4% yr/yr * Company welcomes over 5,000 new employees in Q3 Outlook * Company did not provide specific guidance for future quarters or full year in its press release Result Drivers * COMMISSIONS AND FEES -...
Copyright 2023-2026 - www.financetom.com All Rights Reserved