ATEX Resources Inc. announces that it has entered into a letter agreement with Desjardins Capital Markets, as sole bookrunner and agent , in connection with a best-efforts private placement offering of units of the Company at a price of $0.1425 per Unit for gross proceeds of up to $7,410,000 . Each Unit will be comprised of one common share of the Company and one Common Share purchase warrant . Each Warrant shall be [...]
ATEX Resources Inc. is pleased to report an updated interpretation of the geology of the Valeriano Copper Gold Project, located 125 kilometres southeast of Vallenar, Chile within the northern section of El Indio Mineral Belt. The new interpretation, developed after detailed relogging of 26,848 metres of historic drill core and reverse circulation drill chips, combined with results from the recent ATEX mapping and drilling [...]
ATEX Resources Inc. is pleased to report results from the recently completed exploration program at the Valeriano Copper Gold Project located 125 km southeast of Vallenar. The reverse circulation drilling program focused on the near surface Gold Oxide deposit which hosts 584,684 ounces of gold and 2,653,895 ounces of silver in 34.4 million tonnes grading 0.528 grams per tonne gold and 2.4 g/t silver in the Inferred [...]
ATEX Resources Inc. announces that all matters submitted to shareholders for approval, as set out in ATEX's Management Information Circular dated February 22, 2021, were approved by the requisite majority of votes cast at its Annual General Meeting of Shareholders held in Toronto, Ontario, including resolutions: Election of Craig J. Nelsen, Dr. Raymond Jannas, Carl Hansen, Robert Suttie and William Jung as directors of [...]
ATEX Resources Inc. is pleased to announce the metallurgical test results from 13 bottle roll leach tests from the Valeriano Oxide Gold Deposit. Table 1 provides details from the metallurgical program. Highlights from the metallurgical testing include: average gold recoveries of 70.8%; significant amounts of exposed gold at coarse sizes were visible; and average NaCN consumption of 0.29 kg/t and average lime consumption [...]
ATEX Resources Inc. is pleased to announce that it has commenced the mobilization of drilling and related support equipment to the Valeriano Project. The goal of the planned 3,000 metre reverse circulation drilling program is to expand the existing near surface oxide gold resource and convert a portion of inferred gold resources to the measured and indicated categories. In addition, after discussions with the vendors of [...]
ATEX Resources Inc. is pleased to announce the appointment of Craig J. Nelsen to its Board of Directors. Mr. Nelsen brings in excess of 35 years' international mineral exploration experience with 8 years as the Executive Vice-President, Exploration, for Gold Fields Limited, 14 years as the Chairman of Metallica Resources Inc., a company which he founded in 1994 and led as CEO until 1999 and a number of years at various [...]
ATEX Resources Inc. is pleased to announce that it has completed a private placement of units of the Company, previously announced on October 14, 2020, at a price of $0.20 per Unit for gross proceeds of $3,200,000 with a lead order from Palisades Goldcorp. The Offering was led Mackie Research Capital Corporation, as sole bookrunner, and Canaccord Genuity, as co-lead agents. Each Unit is comprised of one common share of [...]
ATEX Resources Inc. is pleased to announce that it has entered into an agreement with Mackie Research Capital, as sole bookrunner, and Canaccord Genuity Corp. as co-lead agents, in connection with a best efforts, private placement of units of the Company at a price of $0.20 per Unit for gross proceeds of up to $5,000,000. Each Unit will be comprised of one common share of the Company and one Common Share purchase warrant [...]
ATEX Resources Inc. is pleased to report initial resource estimates for two deposits on its Valeriano Copper Gold Project located in Chile's El Indio Belt. Both resource estimates were completed by SRK Consulting SpA. on behalf of ATEX and have been prepared in accordance with the Canadian Institute of Mining and Metallurgy and Petroleum Definition Standards for Mineral Resources and Mineral Reserves . A National [...]
ATEX Resources Inc. is pleased to provide an update of its plans for the evaluation of the economic potential of the near surface, oxide gold mineralization at its Valeriano copper gold project. These plans include a review of all historical data to determine what further work, if any, is required to complete a resource estimate and the initiation of a program of metallurgical testing to determine the heap leaching [...]
ATEX Resources Inc. is pleased to announce that its Board of Directors has appointed Dr. Raymond Jannas to the position of President and CEO. Carl Hansen, the current President and CEO, will remain with ATEX taking on the role of Non-executive Chairman of the Board of Directors. "On behalf of ATEX's Board of Directors, I am very pleased to welcome Dr. Raymond Jannas as the CEO," said Carl Hansen, Chairman. "Dr. Jannas has [...]