NGEx Minerals Ltd (TSX-V: NGEX) is the Lundin Group's exploration business development vehicle with a core portfolio currently consisting of grassroots and advanced exploration projects in Chile and Argentina and a focus on growth through acquisition and development of high potential exploration assets.
Los Helados is one of the largest undeveloped copper-gold-silver deposits in the world, and it is management's view that NGEx Minerals will benefit from the strong outlook for copper and gold prices. Because the discovery of new deposits is a high-risk and time-consuming process, the value of existing deposits, like Los Helados, which are located in favorable mining jurisdictions should be enhanced as these positive market trends accelerate.
* Indicated Resources of: 17.6 billion pounds of copper; 10.1 million ounces of gold; 92.5 million ounces of silver
* Clean gold and silver rich copper concentrate low in impurities
* One of the largest copper development projects in the world #11
* NGEx team copper discoveries have created market value of ~$1.4 billion
A member of the Lundin Group of Companies, NGEx Minerals is listed on the TSX Venture Exchange under the symbol "NGEX".