Mexican Portfolio

Overview of the Portfolio

Almadex considers Mexico as having some of most prospective areas for geological discovery in the world. However, recent changes to the mining law and related legislation have created a great deal of uncertainty in Mexico at the time.  Almadex remains hopeful that once the government clarifies how this new legislation will be interpreted and applied, Mexico will once again become a premier jurisdiction for investment.

Almadex maintains a portfolio of projects in Mexico which range from alteration zones that require target definition through drill ready projects with targets well defined at surface.

Listed below are brief descriptions of projects within Almadex’s Mexican portfolio. Unless stated otherwise, all projects are 100% owned by Almadex.

Nayarit State, Mexico

Gold & Silver

Mezquites

Mezquites project is 100% owned by Almadex Minerals. The project is located in the state of Nayarit, is road accessible and covers an area hydrothermal alteration and epithermal veining prospective for gold and silver.

Past work includes surface mapping, sampling and geophysics.

Victoria

Gold / Silver | Puebla State, Mexico

Victoria is 100% Almadex-owned and acquired by staking. The claim covers an area of clay alteration silicification and veining developed in volcanic and carbonate rocks. The alteration is interpreted to represent a low-sulphidation vein system. There are numerous historic pits and shallow workings. Past work includes mapping, rock, soil and stream sediment sampling, geophysics.

Jalisco State, Mexico

Gold & Silver

San Pedro

The San Pedro project is 100% owned by Almadex Minerals and is located in Jalisco State, Mexico. It is accessed from Guadalajara (the capital city of Jalisco) 115 km along a paved highway. The project is prospective for epithermal style gold and silver deposits.

Past work includes surface sampling, geophysics and drilling.