Almadex Provides Exploration Updates, Canadian Business Journal

VANCOUVER, British Columbia, November 22, 2022 (GLOBE NEWSWIRE) — Almadex Minerals Ltd. (“Almadex” or the “Company”) (TSX-V: “DEX”) announced that it began drilling earlier this month. I am happy to announce. Two projects: Davis/Paradise in Nevada and San Pedro in Mexico. Drilling continues at San Pedro, but cold temperatures and snowfall have reduced drilling at Davis/Paradise after initial drilling was completed. Our Nevada-based drill has been moved elsewhere due to a short-term contract at the end of the year. Drilling is expected to resume at Davis/Paradise in early 2023.

Morgan J Poliquin, PhD, P. Eng. A Qualified Person as defined by National Instrument 43-101 (“NI 43-101”) has reviewed and approved the technical content of this new release.

About Almadex

Almadex Minerals Ltd. is an exploration company with a large minerals portfolio of exploration projects and NSR royalties in Canada, the United States and Mexico. This portfolio is a direct result of years of prospects and transactions by Almadex management. We undertake grassroots exploration, acquisition and drilling mineral projects, either independently or in partnership with other companies, with the goal of generating new mineral resources and royalty holdings. The company owns several portable diamond drill rigs, allowing it to conduct cost-effective first-pass exploration drilling in-house.

On behalf of the Board of Directors,

“J. Duane Polikin”

J. Duane Poliquin, Chairman
Almadex Minerals Limited

Neither TSX Venture Exchange nor its regulated service providers (as those terms are defined in the TSX Venture Exchange Policy) are responsible for the adequacy or accuracy of this release.

This news release contains forward-looking statements that involve risks and uncertainties. All statements therein, except statements of historical fact, are considered forward-looking. Forward-looking statements regarding the Company in this news release include, among other things, planned drilling activity at the Davis/Paradise facility. our future exploration activities; and our ability to advance exploration activities and discover properties within our portfolio. Although we believe 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 Developments may differ materially from forward-looking statements. Factors that could cause actual results to differ materially from forward-looking statements include market prices, development and exploration successes, permits, continued availability of capital and funding, and availability of facilities. , relationships with third-party customers, and our willingness or ability to continue. Using company drills for exploration and general economic, market, or business conditions. There can be no assurance that such statements are accurate and readers are advised to rely on their own assessment of such uncertainties. We undertake no obligation to update any forward-looking statements, except as required under applicable securities laws.

contact address:
Almadex Minerals Limited
Phone number 604.689.7644
Email: [email protected]
http://www.almadexminerals.com/

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