# Almadex Acquires Red Antler Silver-Gold Epithermal Vein Project by Staking, Surface Sampling returns 24 g/t Silver

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/almadex-acquires-red-antler-silver-gold-epithermal-vein-project-by-staking-surfa--bf78b1d8-f2dd-4582-9cd6-0ee04c09638b

Original source: https://money.tmx.com/en/quote/DEX/news/5746595725058528/almadex-acquires-red-antler-silver-gold-epithermal-vein-project-by-staking-surfa

Publisher: tmx

Original announcement: 2025-08-05T21:12:43.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Almadex Minerals Ltd.

- Ticker: DEX

- Exchange: TSX

- Region: Utah

- Primary commodity: Silver

- Secondary commodities: Gold

- Document categories: Metallurgy, Agreement transaction, Drill results

- Extracted: 2026-09-15 19:16:36 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Almadex Minerals Ltd. has acquired a 100% interest in the Red Antler silver-gold epithermal vein project in western Utah through staking. Preliminary surface grab sampling returned silver grades up to 24 g/t, with 12 of 34 samples exceeding 1 g/t silver.

Reasoning: The company acquired a new project and reported encouraging, albeit preliminary, surface sampling results that indicate a preserved epithermal system.

- Positive factor: Acquisition of 100% interest in Red Antler project

- Positive factor: Encouraging surface sampling results \(up to 24 g/t Ag\)

- Positive factor: Identification of epithermal vein system with high preservation

- Positive factor: Presence of anomalous gold and epithermal suite elements

- Negative factor: Results are based on preliminary grab samples which may not represent true mineralization

- Negative factor: Early-stage project with only very preliminary work performed

Facts used in scoring: 3

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: Release mentions ALS Chemex Laboratories and QP sign-off by Morgan J Poliquin.

Evidence · text

> The analyses reported were carried out at ALS Chemex Laboratories

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The project was identified as part of an ongoing regional exploration program.

Evidence · text

> identified as part of Almadex’s ongoing regional exploration program

**Multi-Domain Tested**

Polarity: positive

Definition: Variability across ore domains \(oxide, transition, fresh\) has been addressed.

Why it applies: 2 distinct composites were tested

## Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

## Metallurgical Results (3)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/almadex-acquires-red-antler-silver-gold-epithermal-vein-project-by-staking-surfa--bf78b1d8-f2dd-4582-9cd6-0ee04c09638b#fact-metallurgical-facts-0)

Red Antler · silver

#### Identity

- Project: Red Antler
- Commodity: silver
- Region: usa\_ut
- Reported Region: Utah
- Ticker: DEX

#### Test Work

- Sample: grab rock samples from outcrop and float

#### Lab

- Laboratory: ALS Chemex Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-08-05T00:00:00.000Z

Reasoning: 24 g/t silver is a strong intercept for preliminary surface grab sampling in an epithermal setting.

- Positive factor: High grade for surface grab sampling

- Negative factor: Grab samples are selected and may not represent true underlying mineralisation

Evidence · text

> up to 24 g/t silver

### Fact 2

[Link to this fact](https://atlas-extractions.minestarters.com/news/almadex-acquires-red-antler-silver-gold-epithermal-vein-project-by-staking-surfa--bf78b1d8-f2dd-4582-9cd6-0ee04c09638b#fact-metallurgical-facts-1)

Red Antler · silver

#### Identity

- Project: Red Antler
- Commodity: silver
- Region: usa\_ut
- Reported Region: Utah
- Ticker: DEX

#### Test Work

- Sample: 34 grab rock samples from outcrop and float

#### Lab

- Laboratory: ALS Chemex Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-08-05T00:00:00.000Z

Reasoning: The average grade of 1.4 g/t silver across 34 samples shows widespread but low-grade silver presence.

- Positive factor: Average grade above 1 g/t silver for the sample set

- Negative factor: Low average grade across the total sample set

Evidence · text

> averaging 1.4 g/t silver for all 34

### Fact 3

[Link to this fact](https://atlas-extractions.minestarters.com/news/almadex-acquires-red-antler-silver-gold-epithermal-vein-project-by-staking-surfa--bf78b1d8-f2dd-4582-9cd6-0ee04c09638b#fact-metallurgical-facts-2)

Red Antler · gold

#### Identity

- Project: Red Antler
- Commodity: gold
- Region: usa\_ut
- Reported Region: Utah
- Ticker: DEX

#### Test Work

- Sample: grab rock samples from outcrop and float

#### Lab

- Laboratory: ALS Chemex Laboratories

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-08-05T00:00:00.000Z

Reasoning: Gold is mentioned as anomalous but lacks specific numeric values for assessment.

- Positive factor: Presence of gold supports epithermal model

- Negative factor: No specific gold grades reported

Evidence · text

> Anomalous gold values were also returned

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
