Almadex Expands Claim Block at New Hope, Provides Exploration Update
Original announcement by orestocks on
- Company
- Almadex Minerals Ltd.
- Ticker
- DEX.V
- Exchange
- Unavailable
- Region
- Arizona, USA
- Primary commodity
- Copper
- Secondary commodities
- Gold, Molybdenum
- Document categories
- Other, Drill results
- Extracted
- 2026-10-21 20:09:02 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Almadex has expanded its New Hope copper-gold porphyry project in Arizona through additional staking and geophysical surveys that extend the IP anomaly. The company also reviewed previous 2026 drilling results which confirmed a large porphyry alteration system with trace copper and molybdenum mineralization.
Reasoning: The release primarily announces claim expansion and geophysical updates (other), while re-releasing historical drill results from earlier in 2026 (drill_results).
Positive factors
- Expansion of claim block and IP anomaly
- Confirmation of large porphyry alteration system
- Presence of tourmaline bearing breccia
Negative factors
- Low grade intercepts (trace chalcopyrite)
- True widths not calculable due to complex geology
Facts used in scoring: 6
Classification and evidence
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: The document explicitly states that true widths are not possible to calculate due to complex veining and brecciation.
Evidence · text
“True widths are not possible to calculate at this time for the drill intercepts described”
QA/QC Disclosedpositive
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”
Extracted facts
Stored fact records: 6. Some facts used in scoring do not have a stored record.
Drill Results (6)
Fact 1New Hope · copperGrade: 0.15Grade Unit: %Intercept: 6 mHistorical resultNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- New Hope
- Commodity
- copper
- Region
- usa_az
- Reported Region
- usa_az
- Ticker
- DEX.V
Geometry
- Grade
- 0.15
- Grade Unit
- %
- Intercept
- 6 m
- From
- 498 m
- To
- 504 m
- Intercept Depth
- 498 m
Classification
- Deposit Type
- porphyry
- Program
- exploration
- Sample Type
- drill
- Group ID
- null:498.0-504.0
- 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
- Yes
- Historical Source Date
- 2026-04-01T00:00:00.000Z
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: Historical intercept of 0.15% Cu is considered trace mineralization for a porphyry.
Negative factors
- Low grade (trace)
Evidence · text
“6.00 metres @ 0.15% copper”
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Fact 2New Hope · molybdenumGrade: 156Grade Unit: ppmIntercept: 6 mHistorical resultNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- New Hope
- Commodity
- molybdenum
- Region
- usa_az
- Reported Region
- usa_az
- Ticker
- DEX.V
Geometry
- Grade
- 156
- Grade Unit
- ppm
- Intercept
- 6 m
- From
- 498 m
- To
- 504 m
- Intercept Depth
- 498 m
Classification
- Sample Type
- drill
- Group ID
- null:498.0-504.0
QA/QC
- 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
- Yes
- Historical Source Date
- 2026-04-01T00:00:00.000Z
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: Historical molybdenum grade reported alongside copper.
Evidence · text
“156 ppm molybdenum”
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Fact 3New Hope · copperGrade: 0.34Grade Unit: %Intercept: 2 mHistorical resultNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- New Hope
- Commodity
- copper
- Region
- usa_az
- Reported Region
- usa_az
- Ticker
- DEX.V
Geometry
- Grade
- 0.34
- Grade Unit
- %
- Intercept
- 2 m
- From
- 500 m
- To
- 502 m
- Intercept Depth
- 500 m
Classification
- Sample Type
- drill
- Group ID
- null:500.0-502.0
QA/QC
- 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
- Yes
- Historical Source Date
- 2026-04-01T00:00:00.000Z
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: Higher grade sub-interval within the 6m intercept.
Evidence · text
“500.00 to 502.00 m (2.00 m) @ 0.34% Cu”
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Fact 4New Hope · molybdenumGrade: 326Grade Unit: ppmIntercept: 2 mHistorical resultNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- New Hope
- Commodity
- molybdenum
- Region
- usa_az
- Reported Region
- usa_az
- Ticker
- DEX.V
Geometry
- Grade
- 326
- Grade Unit
- ppm
- Intercept
- 2 m
- From
- 500 m
- To
- 502 m
- Intercept Depth
- 500 m
Classification
- Sample Type
- drill
- Group ID
- null:500.0-502.0
QA/QC
- 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
- Yes
- Historical Source Date
- 2026-04-01T00:00:00.000Z
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: Higher molybdenum grade in sub-interval.
Evidence · text
“326 ppm Mo”
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Fact 5New Hope · copperGrade: 0.14Grade Unit: %Intercept: 2 mHistorical resultNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- New Hope
- Commodity
- copper
- Region
- usa_az
- Reported Region
- usa_az
- Ticker
- DEX.V
Geometry
- Grade
- 0.14
- Grade Unit
- %
- Intercept
- 2 m
- From
- 778 m
- To
- 780 m
- Intercept Depth
- 778 m
Classification
- Sample Type
- drill
- Group ID
- null:778.0-780.0
QA/QC
- 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
- Yes
- Historical Source Date
- 2026-04-01T00:00:00.000Z
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: Historical intercept in tourmaline bearing breccia.
Evidence · text
“778.00 to 780.00 m (2.00 m) @ 0.14% Cu”
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Fact 6New Hope · molybdenumGrade: 5Grade Unit: ppmIntercept: 2 mHistorical resultNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- New Hope
- Commodity
- molybdenum
- Region
- usa_az
- Reported Region
- usa_az
- Ticker
- DEX.V
Geometry
- Grade
- 5
- Grade Unit
- ppm
- Intercept
- 2 m
- From
- 778 m
- To
- 780 m
- Intercept Depth
- 778 m
Classification
- Sample Type
- drill
- Group ID
- null:778.0-780.0
QA/QC
- 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
- Yes
- Historical Source Date
- 2026-04-01T00:00:00.000Z
Dates
- Event date
- 2026-10-21T00:00:00.000Z
Reasoning: Historical molybdenum grade reported.
Evidence · text
“5 ppm Mo”
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
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.