VANCOUVER, BC, Dec. 20,
2023 /CNW/ - NGEx Minerals Ltd. (TSXV: NGEX)
("NGEx" or the "Company") announces that it has filed on
SEDAR+ a technical report (the "Technical Report") in accordance
with National Instrument 43-101 Standards of Disclosure for Mineral
Projects ("NI 43-101") in respect of the updated Mineral Resource
Estimate for the Los Helados Project located in the Vicuña District
in Region III, Chile (see
December 5, 2023, news release). View
PDF
The Technical Report is titled "Technical Report on the Los
Helados and Lunahuasi Projects, Chile and Argentina" and is dated December 13, 2023, with an effective date of
October 31, 2023. There have been no
material changes to the Technical Report from the December 5, 2023, news release. The Technical
Report was prepared for the Company by SLR Consulting (Canada) Ltd. A copy of the Technical Report is
also available on the Company's website.
Qualified Persons
The Qualified Persons for the Technical Report are Mr.
Luke Evans, M.Sc., P.Eng., Global
Technical Director, Geology Group Leader of SLR, and Dr.
Giovanni Di-Prisco, Ph.D.,
P.Geo.
About NGEx Minerals
NGEx Minerals is a copper and gold exploration company based in
Canada, focused on exploration of
the Lunahuasi copper-gold-silver project in San Juan Province,
Argentina, and the nearby Los
Helados copper-gold project located approximately nine kilometres
northeast in Chile's Region III.
Both projects are located within the Vicuña District, which
includes the Caserones mine, and the Josemaria and Filo del Sol
deposits.
NGEx Minerals owns 100% of Lunahuasi and is the majority partner
and operator for the Los Helados project, subject to a Joint
Exploration Agreement with Nippon Caserones Resources LLC, which is
the indirect 49% owner of the operating Caserones open pit copper
mine located approximately 17 kilometres north of Los Helados.
Lundin Mining Corporation holds the remaining 51% stake in
Caserones.
The Company is listed on the TSX Venture Exchange under the
trading symbol "NGEX". NGEx Minerals is part of the Lundin Group of
Companies.
Additional information relating to NGEx Minerals Ltd. may be
obtained or viewed on the SEDAR+ website at www.sedarplus.com.
Additional Information
Neither the TSX Venture Exchange ("TSX-V") nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX-V) accepts responsibility for the adequacy or accuracy of this
news release.
SOURCE NGEx Minerals Ltd.