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Almadex Shares Western US Porphyry Copper-Gold Exploration Update, 2025 Plans
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Almadex Shares Western US Porphyry Copper-Gold Exploration Update, 2025 Plans
Jan 30, 2025 1:12 PM

03:55 PM EST, 01/30/2025 (MT Newswires) -- Almadex Minerals ( AAMMF ) on Thursday afternoon shared the results of its 2024 exploration and its plans for 2025.

The company said that since 2023, it has acquired several porphyry copper-gold and epithermal gold-silver projects in Nevada, Colorado, New Mexico, and Arizona. In 2024, Almadex advanced these projects through exploration, including mapping, soil and rock sampling, and some geophysical surveys.

The company added that it plans to continue its exploration efforts in 2025, focusing on high sulfidation and porphyry systems.

"While generative field work continues as we seek to identify further projects for acquisition, we are advancing our newly acquired portfolio of high-quality porphyry lithocap targets in the western USA. We plan to use our in-house drilling capacity to test targets early as we have done at Paradise-Davis. We look forward to continuing this drilling oriented exploration into 2025," Chairman Duane Poliquin said.

Almadex shares were last seen down $0.005 to $0.19 on the TSX Venture Exchange.

Price: 0.19, Change: -0.01, Percent Change: -2.63

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