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Almadex Minerals Ltd V.DEX

Alternate Symbol(s):  AAMMF

Metals & Mining Industrial Metals & Minerals
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, Radio and Veta. 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

Almadex Minerals Ltd > Royalty companies
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Comment by pienteron Jul 24, 2020 4:09pm
154 Views
Post# 31316669

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Royalty companiesHi Barbados
The reference to Alaska property does not include land ownership, it concerns the mill and associated steering and prosseing facilities. These are in disassembled condition and stored, ready for shipment to Mexico. The installation was estimated at 70M and purchased for 7M. The installation has only been in operation for a few months (3) and was then put on maintenance and care.
The drills are mainly used at Azucar and Almaden, but now with covid there will have been no activity for months. Of all +/- 18 royalties in possession, Azucar, but certainly Almaden are the most advanced, AU and AG have already been found in those project grounds. Of the other 16 I have not yet found similar information. Back to the mill, I got this info from Morgan Poliquin through interviews available on YouTube.Have a nice weekend.
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