NGEx Drills 22.85m at 4.01% Cu and 11.30 g/t Au (14.26% CuEq) within 126.6m at 2.16% Cu and 3.30 g/t Au (5.09% CuEq)
Original announcement by yahoo_press on
- Company
- NGEx Minerals Ltd.
- Ticker
- NGEX
- Exchange
- TSX
- Region
- San Juan, Argentina
- Primary commodity
- Copper
- Secondary commodities
- Gold, Silver
- Document categories
- Drill results
- Extracted
- 2026-08-21 03:48:40 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
NGEx Minerals has reported high-grade drill results from hole DPDH048 at the Lunahuasi project in Argentina. The hole returned a 22.85m intercept of 4.01% Cu and 11.30 g/t Au, successfully extending the Saturn Zone vertically by 100 metres.
Reasoning: The hole reports an exceptional high-grade intercept (4.01% Cu and 11.30 g/t Au) that extends a known zone vertically, representing a significant discovery-style result.
Positive factors
- high-grade copper-gold intercept
- vertical extension of Saturn Zone
- significant CuEq grade
Facts used in scoring: 4
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The hole successfully extends the Saturn Zone one hundred metres vertically below DPDH046.
Evidence · text
“successfully extends the Saturn Zone one hundred metres vertically below DPDH046”
Extracted facts
Stored fact records: 4. Some facts used in scoring do not have a stored record.
Drill Results (4)
DPDH048Lunahuasi · copperGrade: 4.01Grade Unit: %Intercept: 22.85 mNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- DPDH048
- Project
- Lunahuasi
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- NGEX
Geometry
- Grade
- 4.01
- Grade Unit
- %
- Intercept
- 22.85 m
Classification
- Sample Type
- drill
- Group ID
- DPDH048:0-22.85
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-17T00:00:00.000Z
Reasoning: 4.01% Cu is an exceptional grade for a copper project.
Positive factors
- exceptional copper grade
Evidence · text
“22.85m at 4.01% Cu”
DPDH048Lunahuasi · goldGrade: 11.3Grade Unit: g/tIntercept: 22.85 mNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- DPDH048
- Project
- Lunahuasi
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- NGEX
Geometry
- Grade
- 11.3
- Grade Unit
- g/t
- Intercept
- 22.85 m
Classification
- Sample Type
- drill
- Group ID
- DPDH048:0-22.85
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-17T00:00:00.000Z
Reasoning: 11.30 g/t Au is a very strong grade for a copper-gold system.
Positive factors
- exceptional gold grade
Evidence · text
“11.30 g/t Au”
DPDH048Lunahuasi · copperGrade: 2.16Grade Unit: %Intercept: 126.6 mNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- DPDH048
- Project
- Lunahuasi
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- NGEX
Geometry
- Grade
- 2.16
- Grade Unit
- %
- Intercept
- 126.6 m
Classification
- Sample Type
- drill
- Group ID
- DPDH048:0-126.6
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-17T00:00:00.000Z
Reasoning: A 126.6m intercept at 2.16% Cu is a very significant mineralized width.
Positive factors
- large width intercept
- strong copper grade
Evidence · text
“126.6m at 2.16% Cu”
DPDH048Lunahuasi · goldGrade: 3.3Grade Unit: g/tIntercept: 126.6 mNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- DPDH048
- Project
- Lunahuasi
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- NGEX
Geometry
- Grade
- 3.3
- Grade Unit
- g/t
- Intercept
- 126.6 m
Classification
- Sample Type
- drill
- Group ID
- DPDH048:0-126.6
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-17T00:00:00.000Z
Reasoning: 3.30 g/t Au over 126.6m is a high-value intercept.
Positive factors
- strong gold grade over large width
Evidence · text
“3.30 g/t Au”
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.