LATEST NEWS

  • Endeavour Reports First Quarter 2016 Results; AISC Continue to Decrease Below $900/oz

    George Town, Grand Cayman, United Kingdom, May 2, 2016 (GLOBE NEWSWIRE) -- First Quarter 2016 Highlights Gold production of 132koz, on-track to meet full-year guidance with higher production expected in the upcoming quarters All-in Sustaining Cost further decreased to $900/oz ($889/oz Read More

  • Panoro Reports Positive Preliminary Economic Assessment For Antilla Copper-Molybdenum Project

    VANCOUVER, British Columbia, May 02, 2016 (GLOBE NEWSWIRE) -- Panoro Minerals Ltd. (TSXV:PML) (Lima:PML) (Frankfurt:PZM) (“Panoro”, the “Company”) is pleased to announce that it has received the results of an independent Preliminary Economic Assessment ("PEA") of the Company's 100% owned Antilla Read More

  • Gran Colombia Gold Meets Q1 2016 Gold Production Expectation; Announces Upcoming Webcast on Q1 2016 Results

    TORONTO, ON--(Marketwired - May 02, 2016) - Gran Colombia Gold Corp. (TSX: GCM) (OTC PINK: TPRFF) announced today that it met its expectation for the first quarter of 2016, producing 31,489 ounces of gold, up 4.8% from the fourth quarter of 2015 Read More

  • McEwen Mining Buys Attractive Exploration Target Near El Gallo Mine

    TORONTO, May 02, 2016 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) is pleased to announce the purchase of mineral properties located approximately 6 miles (10 km) from the El Gallo Mine (the “Acquired Properties”) for $250,000 plus a 2% NSR Read More

  • Asanko Gold Refines Scope of Phase 2 Definitive Feasibility Study

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 2, 2016) - Asanko Gold Inc. (TSX:AKG)(NYSE MKT:AKG) Highlights: Phase 1 excess plant capacity provides optionality for Phase 2 development, DFS to provide for a staged construction scenario First Stage: Phase 2A Develop Esaase pit and mine Read More

  • Sierra Metals announces Q1-2016 financial results at its Sociedad Minera Corona subsidiary In Peru

    TORONTO, May 2, 2016 /CNW/ - Sierra Metals Inc. (TSX:SMT, BVL:SMT) ("Sierra Metals" or the "Company") announces the filing of Sociedad Minera Corona S.A.'s ("Corona") unaudited Financial Statements and Management Discussion and Analysis ("MD&A") for the first quarter of 2016 ("Q1 Read More

  • Vista Gold Corp. Announces First Quarter 2016 Results

    DENVER, May 2, 2016 /CNW/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT: VGZ) (TSX: VGZ) today announced its unaudited financial results for the first quarter ended March 31, 2016. Management's quarterly conference call to discuss these results Read More

  • Santacruz Silver Reports Fourth Quarter / Year-End 2015 Financial Results

    VANCOUVER, May 2, 2016 /CNW/ - Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the "Company" or "Santacruz") reports on its financial and operating results for the fourth quarter of 2015 ("Q4") and for the 2015 fiscal year. The full version of the financial Read More

  • New Liberty Gold Mine: Debt Repayment Deferral and Mine Plan Update

    TORONTO, May 2, 2016 /CNW/ - Aureus Mining Inc. ("Aureus" or the "Company"), the TSX and AIM listed West African gold producer, is pleased to announce that, following the announcement of 5 April 2016, the Company has received credit approval from Read More

  • Copper Mountain Mining Announces Positive Q1 2016 Results

    VANCOUVER, May 2, 2016 /CNW/ - Copper Mountain Mining Corporation (TSX: CUM) (the "Company" or "Copper Mountain") announces first quarter revenues of $58.7 million after pricing adjustments and treatment charges from the sale of 22.3 million pounds of copper equivalent (including Read More

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FEATURED JUNIOR

Golden Queen Mining Co. Ltd.

Exchange/Ticker: TSX: GQM
Main Asset: Soledad Mountain
Stage:
Production
Operating Region: U.S./California
Profile: Golden Queen Mining is producing gold and silver at the Soledad Mountain Project located just outside the town of Mojave in Kern County, California. The project is utilizing conventional open pit mining methods and cyanide heap leach and Merrill-Crowe processes to recover gold and silver from crushed, agglomerated ore. Production is projected to average 74,000 ounces of gold and 781,000 ounces of silver... VIEW FULL PROFILE

VANCOUVER, BC--(Marketwired - October 13, 2015) - Almadex Minerals Limited ("Almadex" or the "Company") (TSX VENTURE: AMZ) (OTCQB: AXDDF) is pleased to announce that the Company's common shares have been approved to commence trading as of today's date on the OTCQB marketplace, operated by OTC Markets Group, under the symbol AXDDF. The Company anticipates that trading on the OTCQB will allow investors in the United States greater access to invest in the Company's shares.

Duane Poliquin, Chairman of Almadex, stated, "Admission to the OTCQB marketplace is a natural step for Almadex, as it allows us to cater to the substantial U.S. investor interest that our team has generated over the past several years. We look forward the expanded exposure and liquidity which we anticipate will be generated by this step."

About Almadex

Almadex Minerals Limited is an exploration company that currently has over 20 properties in its portfolio at various stages of exploration as well as over 20 NSR royalties on projects managed by other companies. This strong portfolio is the direct result of over 35 years of prospecting and deal-making by Almadex's predecessor company, Almaden Minerals Ltd.

On behalf of the Board of Directors,

"Morgan Poliquin"
Morgan J. Poliquin, Ph.D., P.Eng.
President, CEO and Director
Almadex Minerals Ltd.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

This news release contains forward-looking statements that are not historical facts. Forward-looking statements are often identified by terms such as "expects", "believes", "anticipates", "estimates" and similar expressions. All statements, other than statements of historical fact, included in this release, including statements regarding anticipated benefits of trading on the OTCQB marketplace, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include risks that an active, liquid and orderly trading market for the Company's common shares may not develop on the OTCQB marketplace and that the market price of the Company's common shares may be volatile, and risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect, including an assumption that there is a substantial U.S. investor interest in the Company. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking statements. Such forward-looking statements, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will only update or revise publicly the included forward-looking statements as expressly required by applicable securities laws.

 

Almadex Minerals Limited
604.689.7644
Fax: 604.689.7645
www.almadexminerals.com