ATEX Resources (TSXV:ATX) - Drilling the Next Major Copper Discovery in Chile
Interview with Ben Pullinger, Senior VP Exploration of ATEX Resources Inc. Our previous interview: https://www.cruxinvestor.com/posts/atex-resources-tsxvatx-20m-for-continued-drilling-on-high-grade-gold-3337 Recording date: 4th October 2023 ATEX Resources Inc. (TSXV: ATX) is a Chilean focused exploration company advancing the Valeriano Copper-Gold Porphyry Project located 151 km southeast of the city of Vallenar. The Valeriano project is targeting copper and gold mineralization and sits within an emerging copper-gold porphyry belt referred to as the 'Link Belt'. ATEX recently announced a significant inferred resource at Valeriano containing 1.41 billion tonnes grading 0.67% CuEq (0.5% Cu, 0.2 g/t Au, 0.96 g/t Ag and 64 g/t Mo) based on a 0.4% Cu cut-off. The high grade core within the central trend contains approximately 200 million tonnes grading 0.84% CuEq. The Phase III drill program was successful in expanding the known extents of the Valeriano porphyry system and also led to the discovery of a second high-grade porphyry trend called the Western Trend. The mineralized corridor and high-grade trends remain open for further expansion. ATEX is advancing to a Phase IV drill program in Q4 2022 targeting between 20,000 to 25,000 metres to further grow the deposit. Key upcoming catalysts include final assay results from Phase III, metallurgical test work results, and the commencement of Phase IV drilling. The investment case for ATEX Resources is driven by the significant exploration upside at Valeriano to further expand the deposit. The project is emerging as a potential top 10 copper development project globally. ATEX is well funded having recently completed a $15 million credit facility to support ongoing exploration and development studies. View ATEX Resources Inc.'s Company Profile: https://www.cruxinvestor.com/companies/atex-resources-inc
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