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 [...]
NGEx Minerals Ltd. is pleased to report additional assay results from the 2022 drill campaign at the Los Helados copper-gold project located in Region III, Chile. Drill hole LHDH077 has successfully extended the high-grade Condor Zone both upwards towards the surface and at depth. Today's result is the latest from the highly successful 2022 drill program which focused on adding high-grade material to the Los Helados [...]
NGEx Minerals Ltd. is pleased to report the discovery of a third zone of high-grade copper-gold mineralization at the Los Helados project, Chile. This new zone, called the Alicanto Zone, is located 550m north of the Condor Zone and is related to a new porphyry center. The Alicanto Zone was discovered by hole LHDH078, which was targeting a geophysical anomaly north of hole LHDH062 . View PDF HIGHLIGHTS Drillhole LHDH078 [...]
NGEx Minerals Ltd. is pleased to report results from hole LHDH076 at the Los Helados copper-gold project located in Region III, Chile. Hole LHDH076 is the best hole drilled on the project to date, measured by copper-equivalent multiplied by intercept length, and ended in strong mineralization at 1,400m depth. The last sample in the hole returned 1.50% CuEq . Hole LHDH076 confirms the Company's new geological [...]
NGEx Minerals Ltd. is pleased to report its results for the three months ended March 31, 2022. Q1 2022 HIGHLIGHTS Drilling at Los Helados confirms continuity of high-grade mineralization within gaps in the previous drill pattern and confirms extension of high-grade core; and Initial 8-hole drill campaign at Valle Ancho discovers a new copper-gold porphyry system and expands near-surface oxide gold zone. Commenting on the [...]
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