# Almadex Announces Plans to Drill New Hope Porphyry Project, Arizona and Provides Paradise Drill Program Update Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/almadex-announces-plans-to-drill-new-hope-porphyry-project-arizona-and-provides--e805367c-7ec0-44ed-8795-ae4608911e06 Original source: https://money.tmx.com/en/quote/DEX/news/4828784794801633/almadex-announces-plans-to-drill-new-hope-porphyry-project-arizona-and-provides- Publisher: tmx Original announcement: 2025-11-07T12:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Almadex Minerals Ltd. - Ticker: DEX - Exchange: TSX - Region: Nevada - Primary commodity: Gold - Secondary commodities: Copper - Document categories: Drill results, Other - Extracted: 2026-09-15 19:08:12 UTC Narrative sentiment: -0.20 · Bearish ## Minestarters Atlas summary Almadex provided an update on its Paradise Project in Nevada, reporting two low-grade gold intercepts from the third scout hole. The drilling program has been paused after the fourth hole was lost due to difficult ground conditions, and the company plans to move its rig to the New Hope porphyry project in Arizona next. Reasoning: The release reports low-grade gold intercepts from a scout program and announces a drilling pause due to a lost hole, though it maintains a positive long-term porphyry target outlook. - Positive factor: geochemically anomalous zones intersected - Positive factor: indicative of a large porphyry system - Negative factor: drilling program paused - Negative factor: fourth hole lost due to poor conditions - Negative factor: drilling has not yet been successful in cutting into the core of the system Facts used in scoring: 2 ## Classification and evidence **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: Incorrect, QA/QC is disclosed via ALS Chemex, blanks, duplicates, and standards. Evidence · text > Blanks, field duplicates and certified standards were inserted into the sample stream **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The company is targeting porphyry lithocap alteration zones to vector towards buried porphyry deposits. Evidence · text > Many of these projects cover large porphyry lithocap alteration zones that may conceal buried porphyry deposits ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/almadex-announces-plans-to-drill-new-hope-porphyry-project-arizona-and-provides--e805367c-7ec0-44ed-8795-ae4608911e06#fact-drill-facts-0) Paradise · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Paradise - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: DEX #### Geometry - Grade: 0.48 - Grade Unit: g/t - Intercept: 1.6 m - From: 480.4 m - To: 482 m - Intercept Depth: 480.4 m #### Classification - Program: exploration - Sample Type: drill - Group ID: Paradise:480.4-482 #### QA/QC - Laboratory: ALS Chemex Laboratories - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-11-07T00:00:00.000Z Reasoning: Low-grade gold intercept in a previously untested part of the property. - Positive factor: geochemically anomalous Evidence · text > 1.60 metres @ 0.48 g/t gold \(from 480.40 to 482.00 metres depth\) #### Tags used in scoring **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/almadex-announces-plans-to-drill-new-hope-porphyry-project-arizona-and-provides--e805367c-7ec0-44ed-8795-ae4608911e06#fact-drill-facts-1) Paradise · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Paradise - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: DEX #### Geometry - Grade: 0.47 - Grade Unit: g/t - Intercept: 0.5 m - From: 468.9 m - To: 469.4 m - Intercept Depth: 468.9 m #### Classification - Program: exploration - Sample Type: drill - Group ID: Paradise:468.9-469.4 #### QA/QC - Laboratory: ALS Chemex Laboratories - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-11-07T00:00:00.000Z Reasoning: Low-grade gold intercept in a previously untested part of the property. - Positive factor: geochemically anomalous Evidence · text > 0.50 metres of 0.47 g/t gold \(from 468.90 to 469.40 metres depth\) #### Tags used in scoring **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## 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.