VANCOUVER, British Columbia, Nov. 04, 2025 (GLOBE NEWSWIRE) — Almadex Minerals Ltd. (“Almadex” or the “Company”) (TSX-V: “DEX”) is pleased to provide a detailed overview of its diversified royalty portfolio of precious and base metals projects throughout North America. Many of these royalties were generated through Almadex's long-standing prospect generator model, providing shareholders with a significant share of potential future discoveries and production while eliminating capital and operational risks.
Royalty portfolio overview
Almadex has numerous net smelter royalties (NSR) ranging from 0.5% to 2.0%, including assets in Canada, the United States and Mexico. This portfolio reflects more than two decades of exploration success and partnership development between the Almadex team and its predecessor companies.
Key Royalty Interests
Canada
- Dillard (BC) – 2.0% NSR | Operator: Kodiak Copper Corp.
Covers the Dillard Zone, one of the mineralized zones included in the original MPD resource estimate published by Kodiak Copper Corp. August 12, 2025.
- Tim (Yukon) – 2.0% NSR | Operator: Silver North Resources Ltd. (Coeur Mining partner)
Almadex holds a 2% royalty from NSR on the Tim Property, located 72 km west of Watson Lake, Yukon, and 19 km northeast of Coeur Mining's Silvertip Mine. This site is owned by Silver North Resources Ltd. (“Silver North”) and is currently being sold under an option agreement with Coeur Mining, Inc. (“Coeur”), which could obtain up to an 80% stake through phased exploration expenditures and a positive feasibility study.
- Ponderosa (BC) – 2.0% NSR | Operator: AuGold Corp.
Gold-silver mineralization is located in epithermal systems near Merritt, British Columbia in the Spence Bridge Gold Belt.
- Prospect Valley (BC) – 2.0% NSR | Operator: Westhaven Ventures Inc.
A gold-silver property in the Spence Bridge Gold Belt, close to the Lopatnose deposit in Westhaven.
- Skunk Creek (BC) – 2.0% NSR | Operator: Westhaven Ventures Inc.
Another asset in the Spence Bridge Gold Belt, providing access to a growing area of epithermal gold deposits.
- Goz (Yukon) – 2.0% NSR | Operator: Silver North Resources Ltd.
Includes polymetallic (zinc-silver-copper-lead) mineralization.
- More (Yukon) – 2.0% NSR | Operator: Silver North Resources Ltd.
The deposit contains multilayer base metal mineralization and remains an attractive exploration target in the Finlayson Lake region of the Yukon.
- Ram (Yukon) – 2.0% NSR | Operator: Long and Associates.
Early-stage gold and silver exploration in geologically favorable conditions provides additional growth potential for Almadex's position in the Yukon.
United States
- Willow (NV) – 2.0% NSR | Operator: Abacus Mining & Exploration Corp.
A porphyry copper-gold target west of the Yerington area of Nevada that hosts significant copper deposits. Drilling and geophysics have identified strong porphyry indicators.
Mexico
- La Bufa (Chihuahua) – 2.0% NSR | Operator: Endeavor Silver Corp.
Covers gold-silver mineralization in one of Mexico's high-grade silver belts.
- White Horse (Veracruz) – 1.5% NSR | Operator: Candelaria Mining
A near-surface oxide gold and silver deposit originally discovered by the Almadex technical team. The project remains one of the largest undeveloped precious metals mining systems in eastern Mexico with district-scale exploration potential.
- El Cobre (Veracruz) – 1.75% NSR | Operator: Azucar Minerals Ltd.
A large copper-gold porphyry alteration system with numerous mineralized centers extending from four to five kilometers.
- Cerro Colorado (Oaxaca) – 2.0% NSR | Operator: Gold Resource Corp.
This gold-silver project, located close to mining operations, offers near-surface oxide potential with extensive infrastructure and accessibility.
- El Encuentro (Sinaloa) – 2.0% NSR | Operator: McEwen Mining Inc.
Located in a productive gold-silver belt, approximately 10 km from McEwen's El Gallo gold-silver mine. The project includes potential expansion of McEwen's regional operations and an annual upfront royalty payment of $33,332.
- 2.0% SSR | Operator: Gold Resource Corp.
Covers promising areas within the same structural trend as gold-silver mining in Oaxaca, offering potential for future development.
- Los Venados (Sonora) – 2.0% NSR | Operator: Alamos Mining Corp.
This deposit, located in the Mulatos area, is prospective for epithermal and porphyry-type gold-silver mineralization adjacent to operating mines. Los Venados was acquired from Aloro Mining Corp under a mineral sales agreement dated May 7, 2025 (pending closing).
Strategic value and prospects
Collectively, these royalties provide leverage for a wide range of projects at various stages of exploration and development, managed by a diverse group of established and emerging companies. The portfolio includes gold, silver, copper, zinc and lead, reflecting Almadex's heritage, technical expertise and broad generative activities.
“Our royalty portfolio reflects two decades of exploration success and partnerships,” said Morgan Poliquin, Ph.D., Ph.D., president and CEO of Almadex Minerals. “From porphyry copper-gold systems such as the Dillard Kodiak zone in British Columbia, to silver-rich areas in Mexico and polymetallic projects in the Yukon, Almadex is exposed to the success of third parties while maintaining the financial strength to advance our own generating operations.”
Technical and third party information
Morgan J. Poliquin, Ph.D., CTO, President and CEO of Almadex and a qualified person as defined by National Instrument 43-101 (“NI 43-101”) has reviewed and approved the scientific and technical content of this press release. The disclosures in this press release are based on information publicly disclosed by the owners or operators of these properties as well as information/data available in the public domain as of the date of this press release, none of which has been independently verified by Almadex. Although Almadex is not aware that such information may be inaccurate, there can be no guarantee that such third party information is complete or accurate. Almadex's royalties may cover less than 100% and sometimes only a portion of publicly reported mineral reserves, mineral resources and real estate production.
About Almadex
Almadex Minerals Ltd. is a North American generating and exploration company with a portfolio of projects, royalties and its own drilling capacity. Led by a team with multiple discoveries, Almadex is using a data-driven targeting model to find hidden porphyry copper-gold systems and epithermal gold-silver systems. The company is well funded, holds physical gold in treasury, and maintains access to numerous discovery opportunities through its exploration and royalty assets.
On behalf of the Board of Directors,
“Morgan J. Poliquin, Ph.D., Professor of Engineering.”
President and CEO
Almadex Minerals LLC
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release contains forward-looking statements that are subject to risks and uncertainties. All statements contained herein, other than statements of historical fact, should be considered forward-looking statements. Forward-looking statements in this press release include, but are not limited to, whether any royalties for precious and base metals projects throughout North America will materialize. Although the Company believes that the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or events may differ materially from those contained in the forward-looking statements. Factors that could cause actual results to differ materially from forward-looking statements include market prices, development and exploration progress, approvals, continued availability of capital and financing, and availability of equipment. and general economic, market or business conditions. The above list of assumptions is not exhaustive. There can be no assurance that forward-looking statements will prove to be accurate and readers are therefore encouraged to rely on their own assessment of such uncertainties. The Company does not undertake any obligation to update any forward-looking statements except as required by applicable securities laws.
Contact information:
Almadex Minerals LLC
Tel. 604.689.7644
E-mail: [email protected]
http://www.almadexminerals.com/
