Why Invest with Us

  • Ground floor opportunity in a brand new Lundin exploration vehicle
  • Experienced, successful team backed by some of the most successful resource investors in the world
  • Strong network to source new opportunities
  • Los Helados- Exposure to rising copper and gold prices through ownership of a strategic resource in an operating mining district

Q3 2020 OPERATING HIGHLIGHTS

Opportunities Assessed as Business Development Initiatives Continue

Assessing opportunities for potential acquisition continued to be a primary focus of the Company during the three months ended September 30, 2020. Through these project generation activities, the Company seeks to identify prospective targets for acquisition, ultimately strengthening the Company’s thesis as a premier exploration-development investment opportunity.

As of the effective date of this MD&A, no discussions with counterparties have progressed to the execution of contractual agreements, and the Company continues to be patient and diligent in its search for its next cornerstone asset, which will complement its current exploration portfolio. While at any given time discussions and activities may be in progress on a number of these potential acquisition targets, there is no assurance that these corporate activities will ever progress to the stage where a potential acquisition might be successfully completed.

Successful Extension of Valle Ancho Option

In August 2020, the Company successfully renegotiated with the Argentina Province of Catamarca, and extended the option period for the Valle Ancho properties from August 2021 to December 2022.

The Valle Ancho Project consists of a significant land package in the Argentine Province of Catamarca, covering approximately 1,000 km2 of underexplored and highly prospective ground, located on the Argentine side of Chile’s renowned Maricunga Gold Belt. The initial exploration program at Valle Ancho consisted of a review of historical data, mapping and surface sampling, and the undertaking of an airborne geophysical survey over the project area to identify, develop and prioritize targets for further evaluation. This field program was successful in outlining a number of targets for further work including: two large targets with outcropping porphyry copper mineralization, two targets with outcropping epithermal gold mineralization; and a copper skarn target.

X

Subscribe to our Email List

By providing your e-mail address on this form, you are consenting to receive communications from NGEx Minerals Ltd. and CNW/Cision. The Company uses CNW/Cision to disseminate its news releases. Your name or email address is not used or disclosed by NGEx Minerals Ltd. and CNW/Cision for any other purpose.

You will receive a confirmation email that you subscribed to our email list. You will be required to click the link in that email to complete the signup process and begin receiving the company's emails.

You may withdraw your consent to receive communications from NGEx Minerals Ltd. and CNW/Cision at any time by clicking Unsubscribe link located at the bottom of the communication you receive.

Please read our Privacy Policy to learn more about how NGEx Minerals Ltd. uses cookies on its website and how any personal data you provide is handled and processed. Please do not hesitate to call Amanda Strong at NGEx Minerals Ltd. (+1 604 689 7842) if you have any questions.

If you don’t receive the confirmation link, it may be because your email account has blocked receipt of it. If this is the case, please add the following to your safe sender list: subscribe@ngexminerals.mediaroom.com