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ATEX Resources Significantly Expands B2B Mineralized Footprint by 135 Meters to the East; Mineralization Remains Open
ATXD34 Intersected 172 Meters of 0.80% CuEq Within 834 Meters of 0.66% CuEq in First Drill Hole Testing New Targets East of High-Grade B2B Breccia Horizon Toron
About this update from Atex Resources Inc.
[{"type":"text","content":" ATXD34 Intersected 172 Meters of 0.80% CuEq Within 834 Meters of 0.66% CuEq in First Drill Hole Testing New Targets East of High-Grade B2B Breccia Horizon Toronto, Ontario--(Newsfile Corp. - March 16, 2026) - ATEX Resources Inc. (TSXV: ATX) (OTCQB: ATXRF) (\"ATEX\" or the \"Company\") is pleased to announce its next set of drill results from the Valeriano Copper-Gold project (\"Valeriano\" or the \"Project\") in the Atacama Region of Chile. Six diamond rigs continue to operate at the Project and have completed approximately 24,000 meters (\"m\"), representing over 95% of the planned 25,000m Phase VI drill exploration program announced on October 1, 2025. The drill program is tracking ahead of schedule and is now expected to exceed over 30,000m of drilling by the end of the season. \"Today's drill results represent another important step forward in our understanding of the structural controls and orientation of the higher-grade breccia within a broader mineralized system that has now been significantly expanded to the east. This horizon lies above the high-grade Valeriano porphyry trend and remains open for further expansion into untested areas,\" commented Chris Beer, Interim CEO of ATEX. \"Hole ATXD34 intersected strong, continuous copper and gold grades transitioning eastward from the B2B Zone into an area where alteration and mineralization overprinting may indicate the presence of a separate porphyry center. Results from a recently completed geophysical survey over this area indicate that this mineralization occurs within a larger anomaly extending further east and will be targeted in future drill holes. ATXD30 and ATXD33 also intersected porphyry-style mineralization and alteration extending north and southeast of the current mineralized footprint, highlighting a mineralized corridor that now spans 1.8 km from north to south.\" Highlights: ATXD34 extends the broader lateral footprint of the B2B Zone and associated mineralization by at least 135m to the east, representing a significant increase relative to the current estimated 200m thickness of the B2B zone. Mineralization and alteration intersected in ATXD34 may represent the onset of a new, untested porphyry system proximal to the Valeriano system (see Figures 1 & 2). ATXD33, as shown in Figure 2, was a significant 525m step-out hole southeast of existing mineralizat...