# NGEx Drills 335.15m at 4.08% CuEq including 19.50m at 18.96% CuEq at Lunahuasi; Increases targeted Phase 4 program to 30,000m

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/ngex-drills-335-15m-at-4-08-cueq-including-19-50m-at-18-96-cueq-at-lunahuasi-inc--3f4c281b-b816-4278-8701-fd85951810f6

Original source: https://finance.yahoo.com/markets/commodities/articles/ngex-drills-335-15m-4-100000862.html

Publisher: yahoo\_press

Original announcement: 2026-03-23T10:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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 00:52:40 UTC

Narrative sentiment: 1.00 · Bullish

## Minestarters Atlas summary

NGEx Minerals has reported significant drill results from its Lunahuasi project in Argentina, featuring a 335.15m intercept at 4.08% CuEq. The company is also expanding its Phase 4 drilling program to 30,000m.

Reasoning: The announcement reports an exceptional copper equivalent intercept of 335.15m at 4.08% CuEq, including a very high-grade 19.50m sub-interval at 18.96% CuEq.

- Positive factor: exceptional copper equivalent grade

- Positive factor: significant intercept width

- Positive factor: high-grade sub-interval

Facts used in scoring: 2

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The 19.50m interval at 18.96% CuEq is exceptionally high-grade.

Evidence · text

> 19.50m at 18.96% CuEq

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Drill Results (2)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/ngex-drills-335-15m-at-4-08-cueq-including-19-50m-at-18-96-cueq-at-lunahuasi-inc--3f4c281b-b816-4278-8701-fd85951810f6#fact-drill-facts-0)

Lunahuasi · copper

Needs review: ungrounded

#### Identity

- Project: Lunahuasi
- Commodity: copper
- Region: argentina
- Reported Region: San Juan, Argentina
- Ticker: NGEX

#### Geometry

- Grade: 4.08
- Grade Unit: % CuEq
- Intercept: 335.15 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-03-23T00:00:00.000Z

Reasoning: 335.15m at 4.08% CuEq represents a massive and high-grade intercept.

- Positive factor: exceptional grade-width product

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/ngex-drills-335-15m-at-4-08-cueq-including-19-50m-at-18-96-cueq-at-lunahuasi-inc--3f4c281b-b816-4278-8701-fd85951810f6#fact-drill-facts-1)

Lunahuasi · copper

Needs review: ungrounded

#### Identity

- Project: Lunahuasi
- Commodity: copper
- Region: argentina
- Reported Region: San Juan, Argentina
- Ticker: NGEX

#### Geometry

- Grade: 18.96
- Grade Unit: % CuEq
- Intercept: 19.5 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-03-23T00:00:00.000Z

Reasoning: 19.50m at 18.96% CuEq is an exceptionally high-grade interval.

- Positive factor: bonanza grade

## 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.
