Almadex Cuts 103.85 Meters of 1.33 G/T Gold and 0.41% Copper (1.89 g/t AuEq(1) or 1.38% CuEq(1)) at the Norte Zone El Cobre Project, Mexico

VANCOUVER, BC–(Marketwired – August 03, 2017) – Almadex Minerals Limited (“Almadex” or the “Company”) (TSX VENTURE: AMZ) (OTCQX: AXDDF) is pleased to announce it has received assay results from hole EC-17-027 of the 2017 Norte drilling program. EC-17-027 was drilled to target and expand the high grade mineralisation, and intersected multiple zones of intense stockwork veining and potassic alteration accompanied by significant copper and gold grades. Highlights from hole EC-17-027 include the following intercepts all of which are also shown on the attached plan and section:

Hole EC-17-027 NORTE ZONE, 330 Az, -60 dip

From 191.85 to 468.65, 276.80 meters @ 0.67 g/t gold and 0.23% copper (0.99 g/t AuEq; 0.72% CuEq)
Including 193.85 to 297.70, 103.85 meters @ 1.33 g/t gold and 0.41% copper (1.89 g/t AuEq; 1.38% CuEq)
From 582.60 to 677.00, 94.40 meters @ 0.73 g/t gold and 0.25% copper (1.07 g/t AuEq; 0.78% CuEq)
Including 587.00 to 649.00, 62.00 meters @ 0.97 g/t gold and 0.31% copper (1.40 g/t AuEq; 1.02% CuEq)
1 Gold equivalent (“AuEq”) and copper equivalent (“CuEq”) values are calculated assuming 100% recoveries and prices of US$1,250/oz gold and US$2.50/lb copper.

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