Dr. Morgan Poliquin reports
ALMADEX ANNOUNCES SALE OF EL COBRE NSR ROYALTY
Almadex Minerals Ltd. has sold the 1.75-per-cent net smelter return royalty on the El Cobre project located in Veracruz, Mexico, to Minerales Criticos de Mexico SAPI de CV, a private Mexican company, for $500,000 (U.S.) plus applicable taxes.
About Almadex Minerals Ltd.
Almadex Minerals is an exploration company that holds a large mineral portfolio consisting of projects and NSR royalties in Canada, the United States and Mexico. This portfolio is the direct result of many years of prospecting and deal making by Almadex's management team. The company owns several portable diamond drill rigs, enabling it to conduct cost-effective first-pass exploration drilling in-house.
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