Almadex Confirms Porphyry System at Encinal Target, El Cobre Project, Mexico: Hits 1.5 Meters of 109.5 g/t Gold and 0.15% Copper and 13.0 Meters of 0.57 g/t Gold and 0.21% Copper

http://www.marketwired.com/press-release/-2130471.htm

VANCOUVER, BC–(Marketwired – June 01, 2016) – Almadex Minerals Limited (“Almadex” or the “Company”) (TSX VENTURE: AMZ)(OTCQB: AXDDF) is pleased to announce that it has commenced drilling on its El Cobre porphyry copper-gold project located in Veracruz, Mexico and has received the first assays from this program. The approximately 7,500 hectare El Cobre project covers at least four separate porphyry centres. Porphyry mineralisation is exposed at surface in at least four separate zones, and has been intersected in past drilling campaigns, within a roughly 25 square kilometre area of intense argillic and sericitic hydrothermal alteration, interpreted to represent the upper part of the porphyry environment.

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