NGEx Reports Q2 2026 Results; Phase 4 drilling delivers high grades and expands Lunahuasi Deposit NGEx Minerals Ltd. ("NGEx Minerals" "NGEx" or the "Company") (TSX: NGEX) (OTCQX: NGXXF) is pleased to report its results for the six months ended...
Original announcement by cnw on
- Company
- NGEx Minerals Ltd.
- Ticker
- NGEX
- Exchange
- Unavailable
- Region
- San Juan Province, Argentina
- Primary commodity
- Copper
- Secondary commodities
- Gold, Silver
- Document categories
- Drill results
- Extracted
- 2026-08-24 03:54:45 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
NGEx Minerals reported strong Q2 2026 results highlighted by Phase 4 drilling at the Lunahuasi project. The program delivered high-grade copper-equivalent intercepts, expanded the Saturn and Jupiter zones, and discovered a new high-grade zone east of the Mars zone.
Reasoning: Phase 4 drilling delivered exceptional high-grade CuEq intercepts and successfully expanded the Saturn, Mars, and Jupiter zones, while also discovering a new high-grade zone east of Mars.
Positive factors
- high-grade intercepts
- expansion of known zones
- discovery of new high-grade zone
- continuous mineralization
Facts used in scoring: 9
Extracted facts
Stored fact records: 9. Some facts used in scoring do not have a stored record.
Drill Results (9)
DPDH064Lunahuasi · copperGrade: 0.79Grade Unit: %Intercept: 1540.1 mView all detailsHide details
Identity
- Hole ID
- DPDH064
- Project
- Lunahuasi
- Commodity
- copper
- Ticker
- NGEX
Geometry
- Grade
- 0.79
- Grade Unit
- %
- Intercept
- 1540.1 m
Classification
- Sample Type
- drill
- Group ID
- DPDH064:0-1540.1
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: Long continuous interval of 1,540.10m at 0.79% Cu.
Positive factors
- long intersection
Evidence · text
“DPDH064 intersected a continuous interval of 1,540.10 metres at 1.17% CuEq (0.79% Cu, 0.39 g/t Au, 11.3 g/t Ag)”
DPDH064Lunahuasi · goldGrade: 0.39Grade Unit: g/tIntercept: 1540.1 mView all detailsHide details
Identity
- Hole ID
- DPDH064
- Project
- Lunahuasi
- Commodity
- gold
- Ticker
- NGEX
Geometry
- Grade
- 0.39
- Grade Unit
- g/t
- Intercept
- 1540.1 m
Classification
- Sample Type
- drill
- Group ID
- DPDH064:0-1540.1
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: Part of a very long interval with low gold grade.
Evidence · text
“0.39 g/t Au”
DPDH064Lunahuasi · silverGrade: 11.3Grade Unit: g/tIntercept: 1540.1 mView all detailsHide details
Identity
- Hole ID
- DPDH064
- Project
- Lunahuasi
- Commodity
- silver
- Ticker
- NGEX
Geometry
- Grade
- 11.3
- Grade Unit
- g/t
- Intercept
- 1540.1 m
Classification
- Sample Type
- drill
- Group ID
- DPDH064:0-1540.1
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: Part of a very long interval with low silver grade.
Evidence · text
“11.3 g/t Ag”
DPDH064Lunahuasi · copperGrade: 6.49Grade Unit: %Intercept: 88 mView all detailsHide details
Identity
- Hole ID
- DPDH064
- Project
- Lunahuasi
- Commodity
- copper
- Ticker
- NGEX
Geometry
- Grade
- 6.49
- Grade Unit
- %
- Intercept
- 88 m
Classification
- Sample Type
- drill
- Group ID
- DPDH064:sub-interval
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: High grade intersection within the Saturn Zone.
Positive factors
- high grade
Evidence · text
“88.00 metres at 8.65% CuEq (6.49% Cu, 1.91 g/t Au, 87.8 g/t Ag)”
DPDH064Lunahuasi · copperGrade: 24.33Grade Unit: %Intercept: 15.65 mView all detailsHide details
Identity
- Hole ID
- DPDH064
- Project
- Lunahuasi
- Commodity
- copper
- Ticker
- NGEX
Geometry
- Grade
- 24.33
- Grade Unit
- %
- Intercept
- 15.65 m
Classification
- Sample Type
- drill
- Group ID
- DPDH064:sub-interval
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: Extremely high grade intersection in the Saturn Zone.
Positive factors
- exceptional grade
Evidence · text
“15.65 metres at 30.13% CuEq (24.33% Cu, 4.72 g/t Au, 268.1 g/t Ag)”
DPDH077Lunahuasi · copperGrade: 6.51Grade Unit: %Intercept: 57.75 mView all detailsHide details
Identity
- Hole ID
- DPDH077
- Project
- Lunahuasi
- Commodity
- copper
- Ticker
- NGEX
Geometry
- Grade
- 6.51
- Grade Unit
- %
- Intercept
- 57.75 m
Classification
- Sample Type
- drill
- Group ID
- DPDH077:sub-interval
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: High grade intersection in the Jupiter Zone.
Positive factors
- high grade
Evidence · text
“DPDH077 intersected 57.75 metres at 9.41% CuEq (6.51% Cu, 2.50 g/t Au, 121.8 g/t Ag)”
DPDH077Lunahuasi · copperGrade: 18.84Grade Unit: %Intercept: 19 mView all detailsHide details
Identity
- Hole ID
- DPDH077
- Project
- Lunahuasi
- Commodity
- copper
- Ticker
- NGEX
Geometry
- Grade
- 18.84
- Grade Unit
- %
- Intercept
- 19 m
Classification
- Sample Type
- drill
- Group ID
- DPDH077:sub-interval
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: Very high grade intersection in the Jupiter Zone.
Positive factors
- exceptional grade
Evidence · text
“including 19.00 metres at 25.84% CuEq (18.84% Cu, 5.54 g/t Au, 336.7 g/t Ag)”
DPDH070Lunahuasi · goldGrade: 207.79Grade Unit: g/tIntercept: 17.3 mView all detailsHide details
Identity
- Hole ID
- DPDH070
- Project
- Lunahuasi
- Commodity
- gold
- Ticker
- NGEX
Geometry
- Grade
- 207.79
- Grade Unit
- g/t
- Intercept
- 17.3 m
Classification
- Sample Type
- drill
- Group ID
- DPDH070:sub-interval
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: Extremely high grade gold intersection.
Positive factors
- exceptional grade
Evidence · text
“DPDH070 intersected 17.30 metres at 207.79 g/t Au, including 2.00 metres of 1,740.00 g/t Au”
DPGT004Lunahuasi · copperGrade: 2.75Grade Unit: %Intercept: 23.1 mView all detailsHide details
Identity
- Hole ID
- DPGT004
- Project
- Lunahuasi
- Commodity
- copper
- Ticker
- NGEX
Geometry
- Grade
- 2.75
- Grade Unit
- %
- Intercept
- 23.1 m
Classification
- Sample Type
- drill
- Group ID
- DPGT004:sub-interval
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: Discovery of a new high-grade zone east of Mars.
Positive factors
- new zone discovery
Evidence · text
“intersecting 23.10 metres at 4.72% CuEq (2.75% Cu, 2.08 g/t Au, 50.9 g/t Ag)”
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.