Almadex Announces Acquisition of 100% of Logan Zn/Ag Project in Yukon Territory

VANCOUVER, British Columbia, May 26, 2022 (GLOBE NEWSWIRE) — Almadex Minerals Ltd. (“Almadex” or the “Company”) (TSX-V: “DEX”) is pleased to announce it has acquired 100% ownership of the Logan Zinc, Silver project (“Logan”, or the “Project”) located in the Yukon, Canada. As fully outlined below, a Company predecessor discovered the Logan Project in 1979. The project was then joint ventured, leaving Almadex’s predecessor a retained 40% interest carried to “Positive Production Decision”. The majority interest subsequently changed ownership, but the property was never the focus for the various operators. Almadex has been able to acquire 100% of the Logan project legally through a bankruptcy receivership, finally allowing for the project to be advanced. Key take aways for the Logan Project include: