Almadex Commences Drilling at the King Copper-Gold Porphyry Exploration Target, Colorado

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VANCOUVER, British Columbia, Aug. 25, 2026 (GLOBE NEWSWIRE) — Almadex Minerals Ltd. (“Almadex” or the “Company”) (TSX-V: “DEX”) is pleased to announce that it has commenced drilling on its King project in south-central Colorado. The King project covers an area of intense porphyry lithocap and high sulphidation alteration developed in volcanic rocks. This area has also seen historic mining for turquoise. In 2024 geologic and alteration mapping was conducted as well as rock and soil sampling programs. The mapping identified silicification and quartz-alunite alteration over a roughly 3 by 3 km area within which several strong Mo-Cu-Au anomalies were defined. The Company has since carried out induced polarisation (“IP”) and magnetics geophysical surveys along with further mapping. The IP survey in particular helped define drill targets and highlighted a large chargeability feature generally coincident with the area of anomalous geochemistry. This first pass program will commence with an initial hole designed to orient and allow better planning for possible additional drilling to be carried out.

Originally published via Source Article.