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ATEX Drills New Highest-Grade Intercept in First Phase VI Drill Hole Hitting 164 Metres of 2.72% CuEq Including 40 Metres of 4.73% CuEq in the B2B Zone
Six Rigs Currently Targeting Further B2B Expansion and New B2B-Like Discoveries Toronto, Ontario...
About this update from Atex Resources Inc.
[{"type":"text","content":"ATEX Drills New Highest-Grade Intercept in First Phase VI Drill Hole Hitting 164 Metres of 2.72% CuEq Including 40 Metres of 4.73% CuEq in the B2B ZoneSix Rigs Currently Targeting Further B2B Expansion and New B2B-Like DiscoveriesToronto, Ontario--(Newsfile Corp. - October 21, 2025) - ATEX Resources Inc. (TSXV: ATX) (OTCQB: ATXRF) (\"ATEX\" or the \"Company\") is pleased to announce initial results for drill hole ATXD25C, the first hole from its Phase VI drill campaign at the Valeriano Copper-Gold Project (\"Valeriano\" or the \"Project\") located in Atacama Region, Chile. Drilling commenced in late September with six rigs operational on site.\"Phase VI is off to an exceptional start with the first hole of the program returning the best drill results reported at Valeriano to date,\" Stated Ben Pullinger, President and CEO of ATEX. \"These results further confirm the high-grade nature and continuity of mineralization within the B2B Zone which we seek to expand and further delineate as a priority in Phase VI. Similar to the Phase V program, this campaign is off to an outstanding start with new record-setting results. Drilling within the B2B Zone and in adjacent areas prospective for new high-grade breccia discoveries remains a key strategic objective of the Phase VI program. Results to date continue to highlight the potential for an economically robust, conceptual starter operation closer to surface, as well as strong evidence for further Mineral Resource expansion. With six rigs now turning, the Phase VI program is fully operational, and we look forward to delivering more exciting results in the weeks ahead.\"Highlights include:ATXD25C is an infill hole testing the B2B Zone and intersected 164 metres (\"m\") of 2.72% copper equivalent (\"CuEq\") (1.69% copper \"Cu\", 0.97 g/t gold \"Au\") including 86 metres of 3.77% CuEq (2.28% Cu, 1.41 g/t Au) and 40 metres of 4.73% CuEq (2.76% Cu, 1.88 g/t Au) starting at 1,558m downhole.Results follow on from and include previously reported intercept of 8m at 2.26% CuEq (1.69% Cu, 0.80 g/t Au, 5.0 g/t Ag and 30 g/t Mo) starting at 1,558m downhole in Phase V.iThe reported intervals are contained within a broader intercept of 528m at 1.32% CuEq (0.87% Cu, 0.41 g/t Au) from 1,302m downhole.The results exceed the average grade estimated, within the area tested by ATXD25C, in the 2025 Mineral Reso...