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Almadex Minerals Ltd V.DEX

Alternate Symbol(s):  AAMMF

Almadex Minerals Ltd. is an exploration company that holds a mineral portfolio consisting of projects and NSR royalties in Canada, the United States, and Mexico. Its United States projects include Davis / Paradise Valley, New Hope, Monte Cristo, Veta and Willow. It also has three epithermal gold-silver prospects in Nevada, United States, including Confusion Hills, County Line and Silverton South. Its Canadian projects include Logan, Lac de Gras / ATW, Merit, and Nicoamen River. The Davis/Paradise Valley property comprises 302 claims totaling approximately 2,400 hectares with multiple targets, located approximately eight miles southeast of Gabbs, Nevada and five kilometers northeast of the Paradise Peak gold mine. Its royalty package consists of projects, which include La Bufa, Caballo Blanco, El Cobre, Cerro Colorado, El Encuentro, El Fuego, Ponderosa, Prospect Valley, Skoonka Creek and others. The Company also owns a number of portable diamond drill rigs.


TSXV:DEX - Post by User

Comment by barbados2016on Jul 22, 2020 7:06pm
122 Views
Post# 31304913

RE:RE:RE:RE:RE:RE:RE:RE:RE:Royalty companies

RE:RE:RE:RE:RE:RE:RE:RE:RE:Royalty companiesHi Pienter.  I guess things are a bit more confusing since Almadex and Almaden split.  I checked the DEX website and the Almaden website and I can't find any mention of the proerty in Alaska.  In fact it seems Almaden is more interested in their property in Mexico.
As for the El Cobre 100% owned by Azucar the inforamtion as it appears on the DEX website doesn't suggest this property is in the advanced stages.  However the Tuligtic properrty seems to be the property most advanced and the numbers look good if it ever goes into production.
As for the # of drills it really doesn't matter how many they have if  none are in use.
I stand to be corrected regarding the info I have provided but I took the info from the DEX website.

barbados2016
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