# Almadex Provides New Hope Drilling, Big Sky Project and General Exploration Update

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/almadex-provides-new-hope-drilling-big-sky-project-and-general-exploration-updat--5b613fc9-92c4-4390-a2af-83e744c32b13

Original source: https://money.tmx.com/en/quote/DEX/news/8362594359096910/almadex-provides-new-hope-drilling-big-sky-project-and-general-exploration-updat

Publisher: tmx

Original announcement: 2026-04-01T11:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Almadex Minerals Ltd.

- Ticker: DEX

- Exchange: TSX

- Region: Arizona

- Primary commodity: Copper

- Secondary commodities: Gold, Silver

- Document categories: Drill results, Other

- Extracted: 2026-09-15 18:56:39 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

Almadex reports progress on its 2026 exploration program, highlighting the confirmation of a large porphyry alteration system at the New Hope Project in Arizona via a 384m intercept. The company also reports new surface sampling results from the Big Sky gold-silver project in New Mexico and completed drone magnetics across several prospects.

Reasoning: The first hole at New Hope confirms a large alteration system \(384m\) but failed to return significant copper grades, making it a structural success but a grade disappointment.

- Positive factor: confirmed large porphyry alteration system

- Positive factor: intercepted 384m of alteration

- Positive factor: anomalous gold encountered

- Negative factor: no significant copper mineralisation encountered in first hole

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: The release mentions blanks, field duplicates, and certified standards were used.

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 conducting generative exploration in the western USA targeting porphyry and epithermal systems.

Evidence · text

> We are conducting a large and aggressive early-stage generative exploration in the western USA.

## Extracted facts

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

## Drill Results (3)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/almadex-provides-new-hope-drilling-big-sky-project-and-general-exploration-updat--5b613fc9-92c4-4390-a2af-83e744c32b13#fact-drill-facts-0)

New Hope · copper

Needs review: drill\_no\_hole\_id

#### Identity

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

#### Geometry

- Intercept: 384 m

#### Classification

- Program: exploration
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

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

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: The hole confirmed the presence of a large porphyry alteration system but did not return significant copper grades.

- Negative factor: no significant copper mineralisation encountered

Evidence · text

> While no significant copper mineralisation was encountered, the first hole has confirmed a large porphyry alteration system is present.

#### 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-provides-new-hope-drilling-big-sky-project-and-general-exploration-updat--5b613fc9-92c4-4390-a2af-83e744c32b13#fact-drill-facts-1)

New Hope · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: New Hope
- Commodity: gold
- Region: usa\_az
- Reported Region: usa\_az
- Ticker: DEX

#### Geometry

- Intercept: 384 m

#### Classification

- Program: exploration
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

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

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Anomalous gold was noted in short sections of veining within the alteration zone.

- Positive factor: anomalous gold encountered

Evidence · text

> Anomalous gold was encountered in several short sections of veining within the phyllic altered zone.

#### 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 3

[Link to this fact](https://atlas-extractions.minestarters.com/news/almadex-provides-new-hope-drilling-big-sky-project-and-general-exploration-updat--5b613fc9-92c4-4390-a2af-83e744c32b13#fact-drill-facts-2)

Big Sky · gold

#### Identity

- Project: Big Sky
- Commodity: gold
- Region: mexico
- Reported Region: New Mexico
- Ticker: DEX

#### Geometry

- Grade: 1.8
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Review

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

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Rock chip sampling returned up to 1.8 g/t gold, expanding the known area of prospectivity.

- Positive factor: new samples expand area of potential

Evidence · text

> additional 87 rock chip samples from outcrop were taken returning up to 1.8 g/t gold

#### Tags used in scoring

**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: qaqc\_disclosed is not 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.
