ALMADEX HITS 153.50 METERS OF 0.68 G/T GOLD AND 0.27% COPPER INCLUDING 84.00 METERS OF 0.96 G/T GOLD AND 0.37% COPPER IN HOLE EC-17-021 AT THE NORTE ZONE, IDENTIFIES NEW ZONE OF MINERALISED OUTCROP IN THE ENCINAL ZONE

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VANCOUVER, B.C. Almadex Minerals Limited (“Almadex” or the “Company”) (TSX-V: AMZ; OTCQB: AXDDF) is pleased to announce it has received assay results from holes EC-17-021 and EC-17-022 of the 2017 Norte Zone drilling program. EC-17-021 was drilled at an azimuth of 000 from a new pad, located about 285 meters to the south
from pad EC-16-010. Hole EC-17-022 was drilled from the same pad as hole EC-16-020 but to the north at an azimuth of 000 degrees. Hole EC-17-021 intersected significant mineralisation starting at a depth of 93 meters. Hole EC-17-022 helps define the mineralised zone along strike and provides a significant stepout from the previous hole drilled from this collar, EC-17-020. Highlights from holes EC-17-021 and 22 include the following intercepts which are also shown on the attached plan and sections:
Hole EC-17-021 NORTE ZONE, 000 Az, -60 dip
From 93.00 to 246.50, 153.50 meters @ 0.68 g/t gold and 0.27% copper
Including 95.50 to 179.50, 84.00 meters @ 0.96 g/t gold and 0.37% copper
From 273.00 to 440.00, 167.00 meters @ 0.27 g/t gold and 0.12% copper
Including 337.00 to 401.00, 64.00 meters @ 0.50 g/t gold and 0.21% copper
Hole EC-17-022 NORTE ZONE, 000 Az, -40 dip
From 120.91 to 376.55, 255.64 meters @ 0.26 g/t gold and 0.17% copper
Including 129.91 to 188.55, 58.64 meters @ 0.38 g/t gold and 0.23% copper
And 200.55 to 346.55, 146.00 meters @ 0.27 g/t gold and 0.18% copper
And 262.55 to 294.55, 32.00 meters @ 0.43 g/t gold and 0.24% copper

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