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Almadex Hits 342.00 Meters of 0.60 g/t Gold and 0.27% Copper Including 193.30 Meters of 0.93 g/t Gold and 0.38% Copper and 114.60 Meters of 1.33 g/t Gold and 0.48% Copper in Hole EC-17-018 at the Norte Zone

VANCOUVER, BC–(Marketwired – April 05, 2017) – Almadex Minerals Limited (“Almadex” or the “Company”) (TSX VENTURE: AMZ) (OTCQB: AXDDF) is pleased to announce it has received assay results from the first hole of the 2017 El Norte drilling program, EC-17-018, drilled from the same pad as the previously announced holes EC-16-010, 012, 013, 014, 016 and 017, but at an azimuth of 180 degrees and a dip of -30. Hole EC-17-018, like the previous holes drilled from this pad, intersected significant mineralisation from the collar. Hole EC-17-018 represents a significant up dip step out and intercepted mineralisation up to 200 meters vertically above that in hole EC-16-010 which was drilled at -55, beneath. Highlights from hole EC-17-018 include the following intercepts which are also shown on the attached plan and section: