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NGEx Minerals Announces Phase 4 Exploration Plan at Lunahuasi
VANCOUVER, BC, Sept. 25, 2025 /CNW/ - NGEx Minerals Ltd. ("NGEx", "NGEx Minerals" or the "Company") (TSX: NGEX) (OTCQX: NGXXF) is pleased to announce its Phase
About this update from Ngex Minerals Ltd.
[{"type":"text","content":" VANCOUVER, BC, Sept. 25, 2025 /CNW/ - NGEx Minerals Ltd. (\"NGEx\", \"NGEx Minerals\" or the \"Company\") (TSX: NGEX) (OTCQX: NGXXF) is pleased to announce its Phase 4 exploration plan for the upcoming drill program at its Lunahuasi high-grade copper-gold-silver project in San Juan, Argentina. The field team is now on site preparing for mobilization of drill rigs with drilling expected to start in early October. Wojtek Wodzicki, President and CEO, commented, \"The upcoming drill program aims to build on the successes of the Phase 3 program, further exploring the four distinct styles of mineralization discovered at Lunahuasi and extending the boundaries of the deposit, which remains open in all directions. Phase 3 drilling showed us that Lunahuasi is not just high-grade but also has considerable scale and is multifaceted. Drilling not only expanded and improved definition of the Lunahuasi deposit, but also discovered different mineralization styles, a common trait in giant systems. Drilling this season is designed to further test each style of mineralization while also exploring for new high-grade zones and continuing to expand the boundaries of the system. Our interpretation, based on the limited amount of drilling completed, is that we have drilled only a small part of the deposit, and what we have discovered so far is the peripheral part of a much larger mineralized system. Phase 4 drilling intends to keep filling in the gaps and help us improve our understanding of the geological setting.\" PHASE 3 HIGHLIGHTS The successful Phase 3 drill program at Lunahuasi, completed in the first half of 2025, continued to deliver some of the highest-grade copper, gold, and silver intercepts drilled anywhere in the world. Drilling consistently intersected high-grade vein mineralization across considerable widths and significantly contributed to improvements in the geological understanding of the structures that form the original Lunahuasi discovery. The final assay results from the Phase 3 program confirmed the discovery of a new copper-gold porphyry system at Lunahuasi (see News Release dated May 21, 2025), and the discovery of a fourth, distinct type of mineralization at the project with ultra high-grade gold in quartz veins (See News Release dates July 8, 2025). To date, drilling at Lunahuasi has discovered and confirmed four...