NGEx Minerals Ltd. ") is pleased to report that Nippon Caserones Resources Co. Ltd has elected to fully fund its pro-rata share of the 2022-2023 program at Los Helados. NCR is the minority partner at Los Helados and currently holds an approximate 30.9% of the project. NCR is a wholly owned subsidiary of Tokyo based JX Nippon Mining & Metals Corporation and is the owner and operator of the Caserones Mine located [...]
NGEx Minerals Ltd. ") is pleased to report that it has kicked off the maiden drill program at its Potro Cliffs copper-gold exploration target located in San Juan Province, Argentina. Potro Cliffs is the largest untested hydrothermal system in the Vicuña District and lies along the same major north-northeast structural trend that controls the Filo del Sol deposit located approximately 7 km to the south and the Los Helados [...]
NGEx Minerals Ltd. is pleased to announce that in accordance with its stock option plan, the Company has granted a total of 285,000 incentive stock options to certain officers, employees, and other eligible persons of the Company. The stock options are exercisable, subject to vesting provisions, over a period of five years at an exercise price of C$3.16 per share. NGEx Minerals is a copper and gold exploration company [...]
NGEx Minerals Ltd. is pleased to report its results for the three and nine months ended September 30, 2022 and provide an operational update. View PDF version. Q3 2022 HIGHLIGHTS AND OUTLOOK Wojtek Wodzicki, President and CEO remarked, "Following the discoveries of the Fenix and Alicanto Zones during the Los Helados drill campaign completed during the first half of 2022, we are pleased to have rigs turning once again at [...]
NGEx Minerals Ltd. is pleased to report that drilling is underway at its Los Helados copper-gold project located in Region III, Chile. The drill program is expected to total up to 15,000 metres of diamond drilling and will focus on extending and further defining the Fenix and Alicanto high-grade zones, which were identified during the highly successful drill program completed in the first half of 2022. Drilling has [...]
VANCOUVER, BC, Oct. 25, 2022 /CNW/ - NGEx Minerals Ltd. is pleased to report it has closed its previously announced non-brokered private placement that was upsized on October 6, 2022 due to strong investor demand. View PDF version. The Company sold an aggregate of 15,000,000 common shares of the Company at a price of C$2.00 per Common Share for gross proceeds of C$30 million . Insiders of NGEx Minerals have participated [...]
NGEx Minerals Ltd. is pleased to announce that due to strong demand it has elected to increase the previously announced non-brokered private placement to an aggregate of up to 15,000,000 common shares of the Company at a price of C$2.00 per Common Share for gross proceeds of up to C$30.0 million . PDF Version The Company may pay a 5.0% finder's fee in cash or Common Shares on all or a portion of the Private Placement. The [...]
NGEx Minerals Ltd. ") is pleased to announce that it intends to sell on a non-brokered private placement basis, an aggregate of up to 10,000,000 common shares of the Company at a price of C$2.00 per Common Share for gross proceeds of up to C$20.0 million . View PDF The Company may pay a 5.0% finder's fee in cash or Common Shares on all or a portion of the Private Placement. The Common Shares will be offered by way of [...]
VANCOUVER, BC, Sept. 29, 2022 /CNW/ - NGEx Minerals Ltd. ") is pleased to announce that it has entered into a US$3,000,000 credit facility , which will be evidenced by a debenture with an effective date of September 28, 2022, to provide financial flexibility to fund the Company's ongoing work programs and provide general working capital. The Facility has a term of 12 months ending September 28, 2023 . No interest is [...]
NGEx Minerals Ltd. is pleased to announce that in accordance with its stock option plan, the Company has granted a total of 2,595,000 incentive stock options to certain directors, officers, employees and other eligible persons of the Company. The stock options are exercisable, subject to vesting provisions, over a period of five years at an exercise price of C$2.08 per share. View PDF ABOUT NGEX MINERALS NGEx Minerals is [...]
NGEx Minerals Ltd. is pleased to report its results for the three and six months ended June 30, 2022. View PDF Q2 2022 HIGHLIGHTS AND OUTLOOK The 2022 drill program undertaken at Los Helados successfully identified two additional, distinct high-grade centres, the Fenix and Alicanto Zones, validating the Company's recent reinterpretation of the geological model. The revised geological model highlights the potential to add [...]
NGEx Minerals Ltd. regrets to announce the death of the Company's founder Mr. Lukas H. Lundin, in Geneva, Switzerland on July 26, 2022 at the age of 64, following a 2-year battle with brain cancer. View PDF Over the past 40 years, Lukas Lundin was the driving force behind the tremendous success of The Lundin Group of Companies. Lukas started his career in the international energy and mining sectors in the early 1980's [...]
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