# Almadex Intersects Copper Mineralisation, Expands IP Anomaly at New Hope And Provides Exploration Update

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/almadex-intersects-copper-mineralisation-expands-ip-anomaly-at-new-hope-and-prov--68a8be81-b549-4fec-a8b3-816d2e09934a

Original source: https://money.tmx.com/en/quote/DEX/news/8833710419126125/almadex-intersects-copper-mineralisation-expands-ip-anomaly-at-new-hope-and-prov

Publisher: tmx

Original announcement: 2026-06-30T11:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Almadex Minerals Ltd.

- Ticker: DEX

- Exchange: TSX

- Region: Arizona, USA

- Primary commodity: Copper

- Secondary commodities: Molybdenum, Gold

- Document categories: Drill results, Other

- Extracted: 2026-09-15 18:43:01 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Almadex Minerals has received final assays from the second hole of its first-pass drilling program at the New Hope copper-gold porphyry project in Arizona. The results confirm a large alteration system with trace copper and molybdenum, while IP geophysics has extended the known geophysical anomaly to the east.

Reasoning: First-pass drilling confirms a large copper-bearing porphyry alteration system and expands the geophysical anomaly, though grades remain at trace levels.

- Positive factor: Presence of copper mineralisation confirmed

- Positive factor: Expansion of IP geophysical anomaly to the east

- Positive factor: Large porphyry alteration system identified

- Positive factor: QA/QC protocols disclosed

- Negative factor: Grades are relatively low \(trace chalcopyrite\)

- Negative factor: True widths not possible to calculate due to complex geology

Facts used in scoring: 6

## 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 blanks, field duplicates, and certified standards were used.

Evidence · text

> Blanks, field duplicates and certified standards were inserted into the sample stream

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The company explicitly states that true widths are not possible to calculate at this time.

Evidence · text

> True widths are not possible to calculate at this time for the drill intercepts described

## Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

## Drill Results (6)

### Hole 2

[Link to this fact](https://atlas-extractions.minestarters.com/news/almadex-intersects-copper-mineralisation-expands-ip-anomaly-at-new-hope-and-prov--68a8be81-b549-4fec-a8b3-816d2e09934a#fact-drill-facts-0)

New Hope · copper

#### Identity

- Hole ID: Hole 2
- Project: New Hope
- Commodity: copper
- Region: usa\_az
- Reported Region: usa\_az
- Ticker: DEX

#### Geometry

- Grade: 0.15
- Grade Unit: %
- Intercept: 6 m
- From: 498 m
- To: 504 m
- Intercept Depth: 498 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: Hole 2:498-504
- Mining Method: open\_pit

#### Location

- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Chemex Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Intercept of 6.0m at 0.15% Cu confirms copper presence but is low grade for a porphyry target.

- Negative factor: Low grade \(trace\)

#### 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

### Hole 2

[Link to this fact](https://atlas-extractions.minestarters.com/news/almadex-intersects-copper-mineralisation-expands-ip-anomaly-at-new-hope-and-prov--68a8be81-b549-4fec-a8b3-816d2e09934a#fact-drill-facts-1)

New Hope · molybdenum

#### Identity

- Hole ID: Hole 2
- Project: New Hope
- Commodity: molybdenum
- Region: usa\_az
- Reported Region: usa\_az
- Ticker: DEX

#### Geometry

- Grade: 156
- Grade Unit: ppm
- Intercept: 6 m
- From: 498 m
- To: 504 m
- Intercept Depth: 498 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: Hole 2:498-504
- Mining Method: open\_pit

#### Location

- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Chemex Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Trace molybdenum reported alongside copper.

#### 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

### Hole 2

[Link to this fact](https://atlas-extractions.minestarters.com/news/almadex-intersects-copper-mineralisation-expands-ip-anomaly-at-new-hope-and-prov--68a8be81-b549-4fec-a8b3-816d2e09934a#fact-drill-facts-2)

New Hope · copper

#### Identity

- Hole ID: Hole 2
- Project: New Hope
- Commodity: copper
- Region: usa\_az
- Reported Region: usa\_az
- Ticker: DEX

#### Geometry

- Grade: 0.34
- Grade Unit: %
- Intercept: 2 m
- From: 500 m
- To: 502 m
- Intercept Depth: 500 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: Hole 2:500-502
- Mining Method: open\_pit

#### Location

- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Chemex Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Higher grade sub-interval within the fault zone.

- Negative factor: Narrow interval

#### 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

### Hole 2

[Link to this fact](https://atlas-extractions.minestarters.com/news/almadex-intersects-copper-mineralisation-expands-ip-anomaly-at-new-hope-and-prov--68a8be81-b549-4fec-a8b3-816d2e09934a#fact-drill-facts-3)

New Hope · molybdenum

#### Identity

- Hole ID: Hole 2
- Project: New Hope
- Commodity: molybdenum
- Region: usa\_az
- Reported Region: usa\_az
- Ticker: DEX

#### Geometry

- Grade: 326
- Grade Unit: ppm
- Intercept: 2 m
- From: 500 m
- To: 502 m
- Intercept Depth: 500 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: Hole 2:500-502
- Mining Method: open\_pit

#### Location

- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Chemex Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Higher molybdenum concentration in the sub-interval.

#### 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

### Hole 2

[Link to this fact](https://atlas-extractions.minestarters.com/news/almadex-intersects-copper-mineralisation-expands-ip-anomaly-at-new-hope-and-prov--68a8be81-b549-4fec-a8b3-816d2e09934a#fact-drill-facts-4)

New Hope · copper

#### Identity

- Hole ID: Hole 2
- Project: New Hope
- Commodity: copper
- Region: usa\_az
- Reported Region: usa\_az
- Ticker: DEX

#### Geometry

- Grade: 0.14
- Grade Unit: %
- Intercept: 2 m
- From: 778 m
- To: 780 m
- Intercept Depth: 778 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: Hole 2:778-780
- Mining Method: open\_pit

#### Location

- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Chemex Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Trace copper in tourmaline bearing breccia.

- Negative factor: Low grade

#### 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

### Hole 2

[Link to this fact](https://atlas-extractions.minestarters.com/news/almadex-intersects-copper-mineralisation-expands-ip-anomaly-at-new-hope-and-prov--68a8be81-b549-4fec-a8b3-816d2e09934a#fact-drill-facts-5)

New Hope · molybdenum

#### Identity

- Hole ID: Hole 2
- Project: New Hope
- Commodity: molybdenum
- Region: usa\_az
- Reported Region: usa\_az
- Ticker: DEX

#### Geometry

- Grade: 5
- Grade Unit: ppm
- Intercept: 2 m
- From: 778 m
- To: 780 m
- Intercept Depth: 778 m

#### Classification

- Deposit Type: porphyry
- Program: exploration
- Sample Type: drill
- Group ID: Hole 2:778-780
- Mining Method: open\_pit

#### Location

- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Chemex Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Trace molybdenum reported.

#### 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.
