ATEX Resources Inc.

ATEX Resources Inc. is a Canadian mining exploration company advancing the Valeriano Copper-Gold Project, located in Chile’s mineral-rich Atacama Region. The Valeriano project stands out as a significant copper-gold deposit with an inferred resource of approximately 1.41 billion tonnes grading 0.67% copper equivalent, showcasing its potential to become a large-scale mining operation in one of the world's premier mining jurisdictions.

Strategically positioned in the “Link Belt” of the Maricunga and El Indio mineral belts, the Valeriano project benefits from a well-established infrastructure and supportive mining environment, which reduces development risk and enhances project value. ATEX Resources is currently progressing the project through its critical Phase V drilling, focused on expanding the high-grade mineralized zone, with support from a recent strategic investment by Agnico Eagle Mines, a major industry player.

Listed on the TSX Venture Exchange (TSXV: ATX), ATEX Resources is committed to unlocking the full potential of Valeriano by conducting responsible and sustainable exploration, aiming to establish itself as a key copper-gold producer while aligning with stringent environmental, social, and governance (ESG) standards.

ATEX Resources offers a compelling investment opportunity with its flagship Valeriano Copper-Gold Project, one of Chile’s most promising undeveloped copper-gold deposits. The project’s significant inferred resource of 1.41 billion tonnes at a copper equivalent grade of 0.67% underscores its potential as a major copper-gold asset with considerable scalability. Valeriano is situated within a vast alteration zone that spans over 10 kilometers and remains largely untested, providing substantial exploration upside.

Supported by a recent C$55 million investment from Agnico Eagle Mines, ATEX Resources is well-funded to execute the Phase V drilling program and further advance project development. This phase is expected to enhance resource quality and continuity, expand high-grade zones, and pave the way for an updated mineral resource estimate. The Valeriano project’s strategic location in Chile, a Tier-1 mining jurisdiction, and ATEX’s focus on responsible exploration offer investors exposure to the rising demand for copper and gold amid global electrification and renewable energy trends.

With a strong foundation, committed partnerships, and a focus on ESG principles, ATEX Resources is well-positioned to deliver long-term value to shareholders as it moves closer to unlocking Valeriano’s full potential.

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ATEX Resources Inc. is led by a seasoned team of mining professionals with extensive expertise in exploration, project development, and corporate finance. At the helm is Ben Pullinger, President and CEO, a geologist with over 19 years of experience in mineral exploration and business development. Ben has held senior executive roles at prominent companies, including Golden Star Resources, Excellon Resources, and Roxgold Inc., and is recognized for his leadership in advancing projects from exploration to development.

Sheila Magallon, Chief Financial Officer, brings over 15 years of financial management experience in the mining sector. Prior to joining ATEX, Sheila served as VP Finance at GCM Mining and held leadership roles in finance and corporate control at Detour Gold, Torex Gold, and Primero Mining, bringing a strong foundation in financial oversight to ATEX.

Aman Atwal, Vice President of Business Development and Investor Relations, has over a decade of experience in corporate development and investor relations, previously working with mining majors like Lundin Mining and Barrick Gold. Aman leverages his background in capital markets and resource valuation to strengthen ATEX’s market position and investor engagement.

Together, the ATEX management team combines technical expertise, financial acumen, and a commitment to responsible development, positioning the company strongly for advancing the Valeriano project and delivering value to shareholders.

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ATEX Resources Inc. is executing a focused growth strategy aimed at advancing the Valeriano Copper-Gold Project to its full potential as a world-class mining asset. The company is currently in Phase V of its exploration program, prioritizing high-impact drilling to expand and upgrade the high-grade copper-gold resource. This phase is designed to enhance resource confidence and continuity, setting the stage for a mineral resource update by mid-2025.

A core component of ATEX’s growth strategy is its commitment to sustainable development. ATEX has integrated environmental, social, and governance (ESG) principles into its operations, collaborating closely with local communities in the Atacama Region and implementing initiatives to minimize environmental impact. The company is also exploring renewable energy options to support the project’s power requirements, reflecting its commitment to sustainable resource development.

Leveraging support from strategic investor Agnico Eagle Mines, ATEX is well-positioned to advance Valeriano through key milestones, including additional resource drilling, metallurgical testing, and preliminary engineering studies. With substantial upside potential along the 10-kilometer mineralized trend at Valeriano, ATEX remains focused on resource expansion and fast-tracking the project’s pathway to development. This disciplined approach, combined with strong funding and ESG commitments, positions ATEX to create long-term value and emerge as a significant copper-gold producer in Chile.

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As of 2024, ATEX Resources Inc. is financially well-positioned to advance its flagship Valeriano Copper-Gold Project through the critical Phase V exploration phase and beyond. Backed by a C$55 million strategic investment from Agnico Eagle Mines, ATEX has strengthened its balance sheet, securing the capital necessary to support its aggressive exploration and development plans. This investment not only validates Valeriano’s potential but also provides ATEX with the financial flexibility to execute high-impact programs efficiently.

The Valeriano project benefits from substantial inferred resources, which, if upgraded and expanded, could significantly enhance the project’s valuation and long-term cash flow potential. With copper and gold prices remaining strong, ATEX is strategically positioned to capitalize on favorable market conditions while advancing Valeriano’s development.

ATEX maintains a disciplined financial approach, optimizing expenditures across its exploration and project advancement initiatives to maximize shareholder value. The company remains committed to securing additional funding through strategic partnerships, joint ventures, or asset sales, as needed, to further reduce risk while unlocking the full value of the Valeriano project.

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ATEX Resources Inc. is on the path to becoming a key player in the copper-gold mining industry, with the Valeriano Copper-Gold Project poised as one of the most promising undeveloped deposits in Chile’s mining landscape. With a significant inferred resource and ongoing high-impact drilling, Valeriano represents a substantial opportunity for growth in a top-tier jurisdiction. ATEX’s commitment to sustainable exploration and development, reinforced by strategic partnerships and strong financial backing, underlines its disciplined approach to building long-term value.

As global demand for copper and gold intensifies, ATEX is well-positioned to advance Valeriano through key milestones, from resource expansion and project engineering to future development phases. With a dedicated management team, solid financial position, and emphasis on environmental and social responsibility, ATEX Resources presents a unique investment opportunity that combines resource potential, strategic foresight, and responsible growth.

For investors seeking exposure to a large-scale, high-grade copper-gold project with significant upside, ATEX Resources offers a compelling and de-risked entry point into the future of sustainable mining in Chile.

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