Almadex Minerals Expands Claim Block at New Hope Project by Staking

04:25 PM EDT, 10/21/2026 (MT Newswires) -- Almadex Minerals (DEX.V) has expanded its claim block by staking at its New Hope copper-gold exploration project in Arizona, the company said on Wednesday. The expanded New Hope claim block covers a broad area of high chargeability to the east of where Almadex's two-hole exploratory drill campaign was carried out earlier this year, a statement said. The company is designing a potential phase II drilling program. Almadex reported that drilling operations at the King's target in Colorado have been completed, with one hole drilled to 980 meters depth. Samples have been submitted for assay. "The results from our past drilling, combined with the expanded geophysical target, highlight the scale of the porphyry system at New Hope. We are pleased to have expanded the claim position and are now evaluating options for a potential second phase of drilling," said Almadex Chairman Duane Poliquin said. Almadex Minerals shares closed down CA$0.025 at CA$0.34 on the TSX Venture Exchange.