{"id":3461,"date":"2023-12-25T15:13:00","date_gmt":"2023-12-25T19:13:00","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=3461"},"modified":"2025-09-15T06:27:22","modified_gmt":"2025-09-15T10:27:22","slug":"almadex-tsxv-dex-has-high-grade-zinc-silver-resource-in-yukon","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/almadex-tsxv-dex-has-high-grade-zinc-silver-resource-in-yukon\/","title":{"rendered":"Almadex (TSXV: DEX) Has High-Grade Zinc\/Silver Resource in Yukon"},"content":{"rendered":"\n<p><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\">Back in 1979, <strong>Almadex Minerals (TSXV: DEX)&#39;s <span style=\"color:#2980b9;\">predecessor<\/span> company <\/strong><strong><span style=\"color:#27ae60;\">made a major high-grade<\/span> <span style=\"color:#7f8c8d;\">zinc<\/span>\/<span style=\"color:#4e5f70;\">silver<\/span> <span style=\"color:#27ae60;\">discovery<\/span><\/strong> in the <strong>Yukon<\/strong> named <strong>Logan<\/strong>.<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\"><b>DEX&#39;s <span style=\"color:#2980b9;\">predecessor<\/span> company <\/b>allowed <strong>Yukon Zinc Corporation<\/strong> to <span style=\"color:#27ae60;\"><strong>earn a 60% stake<\/strong><\/span> by <span style=\"color:#27ae60;\"><strong>funding all of the drilling<\/strong><\/span> on the property. Last year, <strong>DEX <span style=\"color:#27ae60;\">acquired the 60%<\/span><\/strong> of <strong>Logan<\/strong> it <strong><span style=\"color:#e74c3c;\">didn&#39;t<\/span> <span style=\"color:#27ae60;\">own<\/span><\/strong> through <strong>Yukon Zinc&#39;s<\/strong> <strong>bankruptcy receivership<\/strong> for <span style=\"color:#e74c3c;\"><strong>pennies on the dollar<\/strong><\/span>.<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\"><strong>DEX<\/strong> now <span style=\"color:#27ae60;\"><strong>owns 100%<\/strong><\/span> of <strong>Logan<\/strong>. Earlier this year, <strong style=\"font-family: sans-serif; font-size: 14px;\">DEX<\/strong> <strong style=\"font-family: sans-serif; font-size: 14px;\"><span style=\"color:#27ae60;\">established a high-grade<\/span> 43-101 resource<\/strong> at <strong style=\"font-family: sans-serif; font-size: 14px;\">Logan<\/strong>:<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\"><strong>DEX&#39;s <span style=\"color:#27ae60;\">100% owned<\/span> Logan Project<\/strong> <span style=\"color:#27ae60;\"><strong>contains<\/strong><\/span> an <strong>indicated resource<\/strong> of <strong>2,620,000 tonnes<\/strong> grading <span style=\"color:#7f8c8d;\"><strong>5.1% zinc<\/strong><\/span> and <span style=\"color:#4e5f70;\"><strong>23.1 g\/t silver<\/strong><\/span> for <span style=\"color:#7f8c8d;\"><strong>294 million lbs of zinc<\/strong><\/span> and <span style=\"color:#4e5f70;\"><strong>1.94 million oz of silver<\/strong><\/span>. <strong>Logan<\/strong> also <span style=\"color:#27ae60;\"><strong>contains<\/strong><\/span> an <strong>inferred resource<\/strong> of <strong>16,930,000 tonnes<\/strong> grading <span style=\"color:#7f8c8d;\"><strong>4.3% zinc<\/strong><\/span> and <span style=\"color:#4e5f70;\"><strong>18.2 g\/t silver<\/strong><\/span> for <span style=\"color:#7f8c8d;\"><strong>1.622 billion lbs of zinc<\/strong><\/span> and <span style=\"color:#4e5f70;\"><strong>9.98 million oz of silver<\/strong><\/span>.<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\">When <span style=\"color:#2980b9;\"><strong>resampling<\/strong><\/span> <strong>Logan&#39;s drill core<\/strong> last year, <strong>DEX <span style=\"color:#27ae60;\">discovered<\/span><\/strong> that all of the <strong>drill core samples <span style=\"color:#2980b9;\">assayed<\/span><\/strong> <strong><span style=\"color:#27ae60;\">contained<\/span> indium<\/strong>. Since <span style=\"color:#27ae60;\"><strong>making this important discovery<\/strong><\/span>, <strong>indium <\/strong>has <span style=\"color:#27ae60;\"><strong>exploded <\/strong><\/span>in price and is approaching <span style=\"color:#27ae60;\"><strong>all-time highs<\/strong><\/span>.<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\">Currently, <strong>DEX<\/strong> is receiving <span style=\"color:#e74c3c;\"><strong>less than zero<\/strong><\/span> value for its <strong>Logan Project<\/strong> and its <span style=\"color:#27ae60;\"><strong>high-grade <\/strong><\/span><strong><span style=\"color:#7f8c8d;\">zinc<\/span>\/<span style=\"color:#4e5f70;\">silver<\/span> resource<\/strong>!<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\"><em>Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. This message is meant for informational and educational purposes only and does not provide investment advice.<\/em><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Back in 1979, Almadex Minerals (TSXV: DEX)&#39;s predecessor company made a major high-grade zinc\/silver discovery in the Yukon named Logan. DEX&#39;s predecessor company allowed Yukon Zinc Corporation to earn a 60% stake by funding all of the drilling on the property. Last year, DEX acquired the 60% of Logan it didn&#39;t own through Yukon Zinc&#39;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3462,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[115,17,24],"class_list":["post-3461","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-dex","tag-silver","tag-zinc"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/3461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/comments?post=3461"}],"version-history":[{"count":1,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/3461\/revisions"}],"predecessor-version":[{"id":3463,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/3461\/revisions\/3463"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/3462"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=3461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=3461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=3461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}