Summary："Almadex Stakes Promising Epithermal Gold and Silver Prospect in Idaho, USA"VANCOUVER, British Colum

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"Almadex Stakes Promising Epithermal Gold and Silver Prospect in Idaho, USA"

VANCOUVER, British Columbia, June 16, 2026 - Almadex Minerals Ltd. ("Almadex" or the "Company") (TSX-V: “DEX”) is pleased to announce that it has acquired the Fountain Ridge epithermal precious metals prospect in western Idaho by staking. The strategic acquisition marks a significant milestone for Almadex, expanding its presence in the US mining sector.

The Fountain Ridge prospect is a highly prospective epithermal gold and silver project, boasting a large, underexplored land package with compelling geological and geochemical signatures. Initial reconnaissance has identified multiple zones of precious metal mineralization, with sampling results indicating robust gold and silver values. The property's epithermal characteristics, coupled with its location in a historically productive mining district, underscore its potential for significant precious metal discoveries.

Industry analysts are taking note of Almadex's bold move, as the US continues to emerge as a hotspot for mining investment. Idaho, in particular, has been gaining traction due to its favorable geology, supportive regulatory environment, and growing infrastructure. The state's resurgent mining industry is attracting major players, and Almadex's entry into the market positions the company for potential long-term success. As global demand for precious metals remains strong, driven by economic uncertainty and the ongoing transition to renewable energy technologies, the prospects for companies like Almadex are looking increasingly bright.

Looking ahead, Almadex plans to accelerate exploration at Fountain Ridge, with a comprehensive work program slated to commence in the coming months. The company's experienced team is poised to unlock the prospect's full potential, leveraging cutting-edge exploration techniques to define and expand the known mineralized zones. As the project advances, Almadex is well-positioned to capitalize on the growing demand for gold and silver, driving value creation for shareholders.

In conclusion, Almadex's acquisition of the Fountain Ridge prospect represents a significant opportunity for the company to establish a foothold in the US precious metals market. With its promising geology, strategic location, and experienced team, Almadex is poised to make a meaningful impact in the industry. As the company progresses its plans, investors will be watching closely for signs of progress, and the potential for a major discovery at Fountain Ridge.