# Almadex Acquires Red Antler Silver-Gold Epithermal Vein Project by Staking, Surface Sampling returns 24 g/t Silver

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/almadex-acquires-red-antler-silver-gold-epithermal-vein-project-by-staking-surfa--8f719550-a2f2-4399-8ebb-82541e88cebc

Original source: https://money.tmx.com/en/quote/DEX/news/5746595725058528/almadex-acquires-red-antler-silver-gold-epithermal-vein-project-by-staking-surfa

Publisher: tmx

Original announcement: 2025-08-05T21:12:43.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Almadex Minerals Ltd.

- Ticker: DEX

- Exchange: TSX

- Region: western Utah

- Primary commodity: Silver

- Secondary commodities: Gold

- Document categories: Agreement transaction, Drill results

- Extracted: 2026-08-23 06:42:35 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Almadex Minerals Ltd. has acquired a 100% interest in the Red Antler silver-gold epithermal vein project in western Utah through staking. Preliminary surface grab sampling returned silver grades up to 24 g/t, with 12 of 34 samples exceeding 1 g/t silver.

Reasoning: The company acquired a new project and reported encouraging surface silver grades \(up to 24 g/t\) in an epithermal setting, though results are based on grab samples.

- Positive factor: acquisition of new early-stage project

- Positive factor: encouraging surface sampling results

- Positive factor: presence of epithermal vein system

- Positive factor: QA/QC disclosed

- Negative factor: surface sampling \(grab samples\) may not represent true mineralization

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 ALS Chemex Laboratories and specific analytical techniques \(fire assay, ICP-AES\).

Evidence · text

> The analyses reported were carried out at ALS Chemex Laboratories

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The project was identified as part of an ongoing regional exploration program.

Evidence · text

> identified as part of Almadex’s ongoing regional exploration program

## Extracted facts

Stored fact records: 0. Some facts used in scoring do not have a stored record.

No stored fact records are available for this extraction.

## 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.