- CEO
- Morgan James Poliquin
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 1333 Johnston Street Vancouver BC Canada V6H 3R9
- IPO Date
- May 31, 2018
- Business
- Almadex Minerals Ltd. is a Canadian-based mineral exploration company focused on discovering and advancing mineral deposits primarily in North America. The company holds a diversified portfolio of early to advanced-stage exploration projects and net smelter return (NSR) royalty interests across Canada, the United States, and Mexico. Its core product offerings include exploration and development of polymetallic deposits, with a focus on precious metals such as gold and silver, as well as copper. Key projects in its portfolio include the Paradise and New Hope porphyry copper-gold projects in Nevada and Arizona in the USA; the San Pedro silver-gold project in Mexico; and various early-stage gold-silver exploration projects in Canada, including properties in Yukon and British Columbia. Almadex also manages a strategic royalty portfolio, holding NSR royalties on several properties including La Bufa, Caballo Blanco, and others across North America.
Founded in 1999 and headquartered in Vancouver, British Columbia, Almadex Minerals is distinct for its integrated approach, combining in-house exploration with generation and acquisition of royalties. Recent major company activities include acquisitions of new exploration projects in Arizona and staking of early-stage gold-silver projects in the western USA, reinforcing a strategic expansion into high-potential porphyry and epithermal systems. In 2025, the company announced plans to drill its New Hope porphyry project in Arizona and advanced geophysical exploration at the Paradise property in Nevada, with ongoing efforts to identify and develop prospective targets through an active regional exploration program. Almadex also recently completed the acquisition of the Red Antler silver-gold epithermal vein project by staking, further expanding its precious metals footprint. Additionally, the company reported corporate updates including early repayment of gold loan financing and strategic option-joint venture agreements with other mineral exploration firms in Nevada. These moves underline Almadex's focus on growing its portfolio through both grassroots exploration and royalty income generation, targeting a broad range of metals such as gold, silver, copper, zinc, and lead across North America.
Almadex operates several portable diamond drill rigs to efficiently conduct first-pass exploration drilling internally, supporting cost-effective advancement of targets. Its technical expertise spans geological prospecting, exploration, and royalty management, targeting polymetallic mineralization in varied geological environments. Through recent acquisitions and staking, the company broadens its pipeline of porphyry lithocap, epithermal vein, and high-sulphidation targets, aiming to aggressively advance exploration activities in 2025 and beyond. This active expansion and operational capability position Almadex as a prospect generator and mineral royalty company with a strategic focus on North American precious and base metal resources.
In summary, Almadex Minerals Ltd. is a prospect generator and exploration company with key mineral exploration projects and royalty interests in Canada, the United States, and Mexico, specializing in gold, silver, and copper assets. Its recent strategic moves include new project acquisitions in Arizona and Nevada, a focus on drilling and geophysics at advanced targets, and growth of its royalty portfolio across North America. The company's operational model combines internal drilling capabilities, exploration expertise, and royalty holdings to create shareholder value through discovery and royalties. Almadex is headquartered in Vancouver, British Columbia, and was founded in 1999.
This description reflects the company's comprehensive mineral portfolio, recent acquisitions and drilling plans, strategic partnerships, and operational strength as of late 2025.