# Almadex Minerals Expands Claim Block at New Hope, Provides Exploration Update

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/almadex-minerals-expands-claim-block-at-new-hope-provides-exploration-update--59f1a4c7-5036-4bd0-8c5f-b64bee18d569

Original source: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2597-tsx-venture/dex/213331-almadex-expands-claim-block-at-new-hope-provides-exploration-update.html

Publisher: jmn

Original announcement: 2026-10-21T11:45:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-21T20:17:03.925Z

Atlas analysis updated: 2026-10-21T20:17:03.925Z

- Company: Almadex Minerals Ltd.

- Ticker: DEX

- Exchange: TSXV

- Region: Arizona, USA

- Primary commodity: Copper

- Secondary commodities: Molybdenum

- Document categories: Drill results, Other

- Extracted: 2026-10-21 20:17:04 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

Almadex Minerals has expanded its New Hope copper-gold porphyry project in Arizona through additional staking and an expanded IP geophysical anomaly. The company also reviewed previous 2026 drilling results which confirmed a large porphyry alteration system and completed a 980m hole at its King target in Colorado.

Reasoning: The release primarily re-summarizes previously reported 2026 drilling results at New Hope while announcing claim expansion and a completed hole at a different project \(King\). The copper grades are low \(trace\), but the geophysical expansion is a positive exploration signal.

- Positive factor: Expansion of claim block and IP anomaly

- Positive factor: Confirmation of large porphyry alteration system

- Positive factor: Presence of tourmaline bearing breccia

- Negative factor: Low grade intercepts \(trace chalcopyrite\)

- Negative factor: True widths not possible to calculate due to complex geology

- Negative factor: Historical results being re-summarized

Facts used in scoring: 6

## Classification and evidence

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: 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

**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: Release mentions blanks, field duplicates, and certified standards.

Evidence · text

> Blanks, field duplicates and certified standards were inserted

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: The primary drill results discussed are a review of previously reported 2026 results.

Evidence · text

> A review of the New Hope project exploration results previously reported are provided below.

## Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

## Drill Results (6)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/almadex-minerals-expands-claim-block-at-new-hope-provides-exploration-update--59f1a4c7-5036-4bd0-8c5f-b64bee18d569#fact-drill-facts-0)

New Hope · copper

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- Project: New Hope
- Commodity: copper
- Region: usa\_az
- Reported Region: usa\_az
- Ticker: DEX

#### Geometry

- Grade: 0.15
- Grade Unit: %
- 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: 2026-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Intercept is part of a previously reported 2026 campaign and represents trace mineralization.

- Negative factor: Low grade \(trace\)

Evidence · text

> 6.00 metres @ 0.15% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "MORE MINING NEWS Auro Metals Intersects 572m Grading 0.60 g/t Gold and 0.1% Copper at the Santa Barbara Gold-Copper Proj"

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/almadex-minerals-expands-claim-block-at-new-hope-provides-exploration-update--59f1a4c7-5036-4bd0-8c5f-b64bee18d569#fact-drill-facts-1)

New Hope · molybdenum

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- Project: New Hope
- Commodity: molybdenum
- Region: usa\_az
- Reported Region: usa\_az
- Ticker: DEX

#### 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: 2026-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Byproduct molybdenum reported in a previously reported interval.

Evidence · text

> 156 ppm molybdenum

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "MORE MINING NEWS Auro Metals Intersects 572m Grading 0.60 g/t Gold and 0.1% Copper at the Santa Barbara Gold-Copper Proj"

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/almadex-minerals-expands-claim-block-at-new-hope-provides-exploration-update--59f1a4c7-5036-4bd0-8c5f-b64bee18d569#fact-drill-facts-2)

New Hope · copper

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- Project: New Hope
- Commodity: copper
- Region: usa\_az
- Reported Region: usa\_az
- Ticker: DEX

#### 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: 2026-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Sub-interval of a previously reported 2026 campaign.

- Negative factor: Low grade \(trace\)

Evidence · text

> 2.00 m @ 0.34% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "MORE MINING NEWS Auro Metals Intersects 572m Grading 0.60 g/t Gold and 0.1% Copper at the Santa Barbara Gold-Copper Proj"

### Fact 4

[Link to this fact](https://atlas-staging.minestarters.com/news/almadex-minerals-expands-claim-block-at-new-hope-provides-exploration-update--59f1a4c7-5036-4bd0-8c5f-b64bee18d569#fact-drill-facts-3)

New Hope · molybdenum

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- Project: New Hope
- Commodity: molybdenum
- Region: usa\_az
- Reported Region: usa\_az
- Ticker: DEX

#### 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: 2026-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Byproduct molybdenum reported in a previously reported 2026 campaign.

Evidence · text

> 326 ppm Mo

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "MORE MINING NEWS Auro Metals Intersects 572m Grading 0.60 g/t Gold and 0.1% Copper at the Santa Barbara Gold-Copper Proj"

### Fact 5

[Link to this fact](https://atlas-staging.minestarters.com/news/almadex-minerals-expands-claim-block-at-new-hope-provides-exploration-update--59f1a4c7-5036-4bd0-8c5f-b64bee18d569#fact-drill-facts-4)

New Hope · copper

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- Project: New Hope
- Commodity: copper
- Region: usa\_az
- Reported Region: usa\_az
- Ticker: DEX

#### 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: 2026-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Intercept from a previously reported 2026 campaign.

- Negative factor: Low grade \(trace\)

Evidence · text

> 2.00 m @ 0.14% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "MORE MINING NEWS Auro Metals Intersects 572m Grading 0.60 g/t Gold and 0.1% Copper at the Santa Barbara Gold-Copper Proj"

### Fact 6

[Link to this fact](https://atlas-staging.minestarters.com/news/almadex-minerals-expands-claim-block-at-new-hope-provides-exploration-update--59f1a4c7-5036-4bd0-8c5f-b64bee18d569#fact-drill-facts-5)

New Hope · molybdenum

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- Project: New Hope
- Commodity: molybdenum
- Region: usa\_az
- Reported Region: usa\_az
- Ticker: DEX

#### 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: 2026-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Byproduct molybdenum reported in a previously reported 2026 campaign.

Evidence · text

> 5 ppm Mo

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "MORE MINING NEWS Auro Metals Intersects 572m Grading 0.60 g/t Gold and 0.1% Copper at the Santa Barbara Gold-Copper Proj"

## 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.
