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NGEx Minerals Drills 46.8m at 9.55% CuEq plus 48.9m at 7.75% CuEq at Lunahuasi
VANCOUVER, BC, July 2, 2025 /CNW/ - NGEx Minerals Ltd. ("NGEx", "NGEx Minerals" or the "Company") (TSX: NGEX) (OTCQX: NGXXF) is pleased to announce additional d
About this update from Ngex Minerals Ltd.
[{"type":"text","content":" VANCOUVER, BC, July 2, 2025 /CNW/ - NGEx Minerals Ltd. (\"NGEx\", \"NGEx Minerals\" or the \"Company\") (TSX: NGEX) (OTCQX: NGXXF) is pleased to announce additional drill results from its 100% owned Lunahuasi high-grade copper-gold-silver project in San Juan, Argentina. Assay results from four of the remaining eight drill holes of the Phase 3 drill program are presented below. Highlights: Drillhole DPDH041 intersected: 8.30m at 12.38% copper equivalent (\"CuEq\") from 266.70m, plus: 89.10m at 4.09% CuEq from 581.90m, including: 38.10m at 7.07% CuEq from 605.40m Drillhole DPDH042 intersected: 48.90m at 7.75% CuEq from 281.70m, including: 12.55m at 19.05% CuEq from 292.25m, plus: 2.30m at 23.82% CuEq from 509.10m Drillhole DPDH043 intersected: 46.80m at 9.55% CuEq from 492.20m, including: 15.80m at 19.08% CuEq from 492.20m, including: 7.00m at 24.86% CuEq from 492.20m, and including: 4.80m at 22.69% CuEq from 503.20m, and including: 5.50m at 10.05% CuEq from 520.00m. Wojtek Wodzicki, President and CEO, commented, \"The drill results in this release confirm and extend the known zones of high-grade mineralization, improve our understanding of the associated porphyry system and have discovered new zones, all while expanding the boundaries of the Lunahuasi deposit. The 46.8m intersection at 9.55% CuEq in DPDH043 is particularly noteworthy and extends high-grade mineralization well to the north of previous drilling. We now have enough confidence in the size and shape of three of these zones to provide them with names - the Mars, Saturn and Jupiter zones. Each of these zones represents a significant volume of contiguous high-grade mineralization which we plan to further extend and define with the next phase of drilling. Results to date indicate that these are just the first three of many additional zones that we have discovered in isolated drill intersections, and we are confident that additional closer spaced drilling will ultimately help to define them. With results from the final four holes of the program still to come and planning well underway for our fourth drill campaign, set to start in October, we are in a very strong position to continue increasing the value of this unique asset.\" Table 1: Significant Intersections Hole ID From (m) To (m) Length (m) Est True Width (m) Cu % A...