Almadex Cuts 70.45 Meters of 2.32 G/T Gold and 0.59% Copper (3.13 g/t AuEq(1) or 2.28% CuEq(1)) and 40.45 Meters of 1.38 G/T Gold and 0.43% Copper, Both Within 431.90 Meters of 0.86 G/T Gold and 0.27% Copper in Hole EC-17-026 at the Norte Zone, El Cobre

Azucar Minerals Ltd.

VANCOUVER, BC--(Marketwired - July 25, 2017) - Almadex Minerals Limited ("Almadex" or the "Company") (TSX VENTURE: AMZ) (OTCQB: AXDDF) is pleased to announce it has received assay results from hole EC-17-026 of the 2017 Norte drilling program. EC-17-026 was drilled to target and expand the high grade mineralisation and intersected multiple zones of intense stockwork veining and potassic alteration accompanied by significant copper and gold grades. Highlights from hole EC-17-026 include the following intercepts all of which are also shown on the attached plan and section: