Almadex Announces Plans to Drill New Hope Porphyry Project, Arizona and Provides Paradise Drill Program Update

VANCOUVER, British Columbia, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Almadex Minerals Ltd. ("Almadex" or the "Company") (TSX-V: “DEX”) is pleased to provide an update from its scout drilling program at the Paradise Project Nevada as well as its current drilling plans for the remainder of 2025. Results from the third hole of the Paradise program have been received, however the drilling program has been paused after losing the fourth hole due to poor drilling conditions before the target depth as described in detail below. The Company plans to next move its exploration rig and team to its New Hope porphyry copper-gold project in Arizona where the Company has permitted drill holes to test a zone of porphyry related veining mapped at surface and a nearby IP chargeability anomaly (see Almadex news release of April 23, 2025). The Company hopes to conduct a first pass drill program at New Hope, possibly before year end depending on certain logistical matters. As more fully described below, the Company is embarking on systematically drill testing its early-stage portfolio with first pass scout drilling on the projects where drill targets have been defined and permitted.