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NGEx Minerals' High-Grade Extension Drill Program at Los Helados is Underway
NGEx Minerals' High-Grade Extension Drill Program at Los Helados is Underway Ca...
About this update from Ngex Minerals Ltd.
[{"type":"text","content":"\n \n \n \n NGEx Minerals' High-Grade Extension Drill Program at Los Helados is Underway\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Nov. 8, 2022\n \n \n /CNW/ -\n \n NGEx Minerals Ltd.\n \n (TSXV: NGEX)\n \n (\"NGEx Minerals\" \"NGEx\" or the \"Company\")\n \n is pleased to report that drilling is underway at its Los Helados copper-gold project located in Region III, Chile.  The drill program is expected to total up to 15,000 metres of diamond drilling and will focus on extending and further defining the Fenix and Alicanto high-grade zones, which were identified during the highly successful drill program completed in the first half of 2022. Drilling has started with two rigs, with another two expected to arrive in the coming weeks. Drilling with four rigs will continue into the first quarter of 2023.\n \n View PDF\n \n \n \n \n \n \n \n \n \n \n Commenting on the start of the drill program,\n \n Wojtek Wodzicki\n \n , President and CEO, stated \"Following the completion of our successful\n \n C$30 million\n \n financing, NGEx is well positioned for what promises to be a very exciting drill season. Driven by a successful reinterpretation of our exploration models we drilled some of the best holes ever at Los Helados earlier this year. The results opened up the potential for additional high-grade centres at the edge of the current deposit. This drill program will follow up on the success we had in the first half of the year.\n \n \n In addition, in early 2023 we anticipate receiving the permits required to begin drilling the Potro Cliffs target which is located along the Filo del Sol – Los Helados structural trend and is the largest undrilled alteration zone in the Vicuña District.\"\n \n \n Drilling at Los Helados will focus on testing for extensions of the high-grade mineralization intercepted earlier this year in the Fenix and Alicanto zones. These new zones are coincidental with resistivity lows that were highlighted in geophysical surveys.The Fenix and Alicanto zones ...