NGEx’s Chilean and Argentine copper-gold projects inch towards go-ahead decisions

According to Mining News Pro - The Josemaría PFS, which is dated December 19, 2018, and is effective November 20, 2018, was prepared in compliance with NI 43-101 – Standards for Disclosure for Mineral Projects and supports the scientific and technical disclosure in the company’s news release and material change report both dated November 20, 2018 as amended below.

In addition, NGEx has filed a technical report for it Los Helados project entitled “Technical Report on the Los Helados Porphyry Copper-Gold Deposit Chile”.  The Los Helados Report, which is dated December 14, 2018 and is effective May 27, 2017, was prepared in compliance with NI-43-101. This report was prepared for NGEx in order to replace the previous technical report for Los Helados, which was a PEA summarizing a mining project which jointly developed Los Helados and Josemaría deposits.  As the Josemaría PFS was completed by NGEx outlining a standalone mining operation for the Josemaría deposit, a new, current technical report was prepared for Los Helados.

NGEx is a Canadian mineral exploration company with projects in Chile and Argentina. Its main focus is on advancing the development of its two, large copper/gold deposits, Los Helados and Josemaría, located in Chile’s Region III and adjacent San Juan Province, Argentina. NGEx owns a 100% interest in the Josemaría project and is the majority partner and operator for the Los Helados project, subject to a Joint Exploration Agreement with its joint exploration partner in Chile, Pan Pacific Copper (PPC).