# 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...

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/ngex-reports-q2-2026-results-phase-4-drilling-delivers-high-grades-and-expands-l--5a64ad54-6ab5-4de8-beea-fa6dd7c130a3

Original source: https://www.newswire.ca/news-releases/ngex-reports-q2-2026-results-phase-4-drilling-delivers-high-grades-and-expands-lunahuasi-deposit-874977078.html

Publisher: cnw

Original announcement: 2026-08-18T17:34:28.592Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.90 · Bullish

## Minestarters Atlas 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 factor: high-grade intercepts

- Positive factor: expansion of known zones

- Positive factor: discovery of new high-grade zone

- Positive factor: continuous mineralization

Facts used in scoring: 9

## Classification and evidence

No classification tags are available.

## Extracted facts

Stored fact records: 9. Some facts used in scoring do not have a stored record.

## Drill Results (9)

### DPDH064

[Link to this fact](https://atlas-staging.minestarters.com/news/ngex-reports-q2-2026-results-phase-4-drilling-delivers-high-grades-and-expands-l--5a64ad54-6ab5-4de8-beea-fa6dd7c130a3#fact-drill-facts-0)

Lunahuasi · copper

#### 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 factor: long intersection

Evidence · text

> DPDH064 intersected a continuous interval of 1,540.10 metres at 1.17% CuEq \(0.79% Cu, 0.39 g/t Au, 11.3 g/t Ag\)

### DPDH064

[Link to this fact](https://atlas-staging.minestarters.com/news/ngex-reports-q2-2026-results-phase-4-drilling-delivers-high-grades-and-expands-l--5a64ad54-6ab5-4de8-beea-fa6dd7c130a3#fact-drill-facts-1)

Lunahuasi · gold

#### 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

### DPDH064

[Link to this fact](https://atlas-staging.minestarters.com/news/ngex-reports-q2-2026-results-phase-4-drilling-delivers-high-grades-and-expands-l--5a64ad54-6ab5-4de8-beea-fa6dd7c130a3#fact-drill-facts-2)

Lunahuasi · silver

#### 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

### DPDH064

[Link to this fact](https://atlas-staging.minestarters.com/news/ngex-reports-q2-2026-results-phase-4-drilling-delivers-high-grades-and-expands-l--5a64ad54-6ab5-4de8-beea-fa6dd7c130a3#fact-drill-facts-3)

Lunahuasi · copper

#### 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 factor: high grade

Evidence · text

> 88.00 metres at 8.65% CuEq \(6.49% Cu, 1.91 g/t Au, 87.8 g/t Ag\)

### DPDH064

[Link to this fact](https://atlas-staging.minestarters.com/news/ngex-reports-q2-2026-results-phase-4-drilling-delivers-high-grades-and-expands-l--5a64ad54-6ab5-4de8-beea-fa6dd7c130a3#fact-drill-facts-4)

Lunahuasi · copper

#### 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 factor: exceptional grade

Evidence · text

> 15.65 metres at 30.13% CuEq \(24.33% Cu, 4.72 g/t Au, 268.1 g/t Ag\)

### DPDH077

[Link to this fact](https://atlas-staging.minestarters.com/news/ngex-reports-q2-2026-results-phase-4-drilling-delivers-high-grades-and-expands-l--5a64ad54-6ab5-4de8-beea-fa6dd7c130a3#fact-drill-facts-5)

Lunahuasi · copper

#### 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 factor: high grade

Evidence · text

> DPDH077 intersected 57.75 metres at 9.41% CuEq \(6.51% Cu, 2.50 g/t Au, 121.8 g/t Ag\)

### DPDH077

[Link to this fact](https://atlas-staging.minestarters.com/news/ngex-reports-q2-2026-results-phase-4-drilling-delivers-high-grades-and-expands-l--5a64ad54-6ab5-4de8-beea-fa6dd7c130a3#fact-drill-facts-6)

Lunahuasi · copper

#### 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 factor: exceptional grade

Evidence · text

> including 19.00 metres at 25.84% CuEq \(18.84% Cu, 5.54 g/t Au, 336.7 g/t Ag\)

### DPDH070

[Link to this fact](https://atlas-staging.minestarters.com/news/ngex-reports-q2-2026-results-phase-4-drilling-delivers-high-grades-and-expands-l--5a64ad54-6ab5-4de8-beea-fa6dd7c130a3#fact-drill-facts-7)

Lunahuasi · gold

#### 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 factor: 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

### DPGT004

[Link to this fact](https://atlas-staging.minestarters.com/news/ngex-reports-q2-2026-results-phase-4-drilling-delivers-high-grades-and-expands-l--5a64ad54-6ab5-4de8-beea-fa6dd7c130a3#fact-drill-facts-8)

Lunahuasi · copper

#### 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 factor: 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.