NGEX
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NGEx Minerals Uncovers New High-Grade Zones at Lunahuasi With Leadership Team Refresh NGEx Minerals has completed its Phase 4 drill program at the Lunahuasi project, identifying new high-grade copper, gold and silver zones and expanding the known mineralized areas.
The company has received environmental approval from the Mining Authority of San Juan Province, Argentina, for a proposed underground exploration adit at Lunahuasi.
NGEx has refreshed its leadership team, appointing Peter J. O'Callaghan to the Board of Directors and Alex Tong as Chief Financial Officer.
For you as an investor, the Phase 4 drilling results indicate continued geological work at Lunahuasi, with two newly identified high-grade zones contributing to the understanding of the project’s potential scale and structure. The environmental approval for an underground exploration adit provides NGEx with a defined pathway to carry out underground development and further drilling, which can help refine the project and improve data quality over time.
The board and management changes add experience on both the technical and financial sides. A new director and CFO can indicate a focus on corporate governance, capital planning and project advancement. When assessing NGEx, you may want to watch how quickly the company moves from this phase of drilling and permitting into the next set of technical studies and how the new leadership influences funding decisions and project priorities. Announcement • May 03
Ngex Minerals Ltd. Drills 34M At 7.25% Cueq Plus 48M At 7.72% Cueq, 180M Apart in Mars; Discovers New Zone 300M East of Mars with 23M At 4.72% Cueq NGEx Minerals Ltd. announced results of three drill holes from the now completed Phase 4 drill program at its 100% owned Lunahuasi high-grade copper-gold-silver project in San Juan, Argentina. DPDH061 intersected the Mars Zone some 90m below DPDH054 (94.0m at 8.99% CuEq, 3.88% Cu, 6.66 g/t Au, 29.6 g/t Ag, see News Release dated January 12, 2026), intersecting a wide zone of mineralization (287.00m to 387.25m) comprised of an upper gold-rich zone from 310.00m to 330.00m and a lower copper-rich zone from 350.65m to 384.50m. The hole continued to a final depth of 1,302.00m and intersected several deeper mineralized zones, one of which may be the down-dip continuation of the Jupiter Zone. DPDH065 was designed to test the northern extension of the Jupiter Zone and explore the area to its west and at depth. The interpreted extension of the zone was intersected between 188m and 200m and is represented by a zone of strong advanced argillic alteration with moderate copper, gold and silver values. The hole continued to a final depth of 708.20m, intersecting two additional mineralized alteration corridors. DPGT004 was a geotechnical hole drilled along the centreline of the planned exploration adit to provide geotechnical and hydrogeological data needed for the adit design. The highlight of the hole was the discovery of a previously unknown high-grade zone some 300m to the east of Mars. This new zone, starting at only 187.9m down the hole, returned 23.10m at 4.71% CuEq including a 4.20m interval of 17.94% CuEq, showing all the characteristics of other high-grade zones in the deposit and demonstrating clear exploration potential. This intersection confirms that Lunahuasi remains open to the east of current drill collars and opens up a new front for future exploration. A strong Mars Zone intersection starting at 475.00m was very close to its expected location, returning 48.00m at 7.72% CuEq and including a 23.09m section at 13.21% CuEq. A gold-rich sub-interval of 7.30m at 15.90 g/t gold confirmed the extent and continuity of high-grade gold in the Mars Zone. This interval is interpreted to be continuous with the intersection in DPDH061 from 350.65m which is 180m away. The Phase 4 program is now complete, with a total of 27,318m drilled and 32 holes completed. Assay results from the final sixteen holes will be released once assays are received, analyzed, and confirmed by the Company. Announcement • Apr 14
NGEx Minerals Ltd., Annual General Meeting, Jun 11, 2026 NGEx Minerals Ltd., Annual General Meeting, Jun 11, 2026. Location: british columbia, Canada 
