NGEx Minerals

NGEx Minerals Ltd. is a Canadian exploration company focused on advancing high-grade copper-gold-silver projects in South America’s rapidly developing Vicuña District. The company’s portfolio includes the Lunahuasi and Los Helados projects, strategically positioned in Argentina and Chile. These assets represent some of the world’s most promising undeveloped copper-gold deposits, with substantial high-grade mineralization and potential for large-scale development.

At Lunahuasi, recent drilling has yielded bonanza-grade intervals, including 23 meters at 23% copper equivalent (CuEq) and 60 meters at 7.5% CuEq, highlighting the district’s potential to host high-quality, high-grade copper resources. Los Helados, one of the largest copper projects globally, contains 18.4 billion pounds of copper, 10.2 million ounces of gold, and 97.5 million ounces of silver in the indicated category, reinforcing NGEx’s resource base and growth potential.

NGEx Minerals is listed on the Toronto Stock Exchange (TSX: NGEX) and the OTCQX (NGXXF), and is part of the Lundin Group of Companies, benefiting from the group’s extensive expertise and successful track record in resource exploration and development. The company is led by a seasoned team with decades of industry experience, positioning NGEx as a premier exploration company within the Vicuña District and a strategic player in the global copper market.

‍

NGEx Minerals presents a compelling investment opportunity with its high-grade copper-gold-silver assets in South America’s Vicuña District, an emerging copper belt with strategic importance for the global energy transition. The Lunahuasi and Los Helados projects, both 100% owned, are positioned to meet rising demand for copper—a critical metal for renewable energy, electric vehicles, and digital infrastructure.

Lunahuasi, the company’s flagship project, has demonstrated exceptional copper-gold-silver grades in recent drill programs, including a 23-meter intersection grading at 23% CuEq, positioning it as one of the highest-grade discoveries in the district. This asset’s impressive drill results, alongside the extensive resource base at Los Helados, underscore NGEx Minerals’ potential to deliver significant shareholder value through continued exploration success.

With the Vicuña District projected to become one of the world’s major copper-producing regions, NGEx benefits from proximity to nearby infrastructure, advancing projects by other major mining companies, and established relationships within the mining-friendly jurisdictions of Argentina and Chile. Supported by a strong management team and the expertise of the Lundin Group, NGEx Minerals is well-positioned to drive long-term growth, leveraging its unique high-grade discoveries and expanding its role in the copper supply chain.

‍

NGEx Minerals is led by a highly experienced management team with deep expertise in exploration, development, and value creation in the mining industry. At the helm is Dr. Wojtek Wodzicki, President, CEO, and Director, who brings over 30 years of experience in mineral exploration and has been instrumental in developing multiple world-class discoveries within the Vicuña District. Since founding NGEx in 2009, Dr. Wodzicki has successfully led exploration teams to major discoveries, including Los Helados, Filo del Sol, and Josemaría.

Supporting exploration and technical strategy is Bob Carmichael, Vice President of Exploration, a professional geological engineer with more than 30 years of international exploration experience. Since joining NGEx in 2012, Mr. Carmichael has played a pivotal role in advancing the company's assets and driving exploration success at Lunahuasi and Los Helados.

The team also benefits from the guidance and industry insight of Dr. Neil O’Brien, a seasoned economic geologist and Director. Dr. O’Brien has served in executive roles across the mining sector, most recently as Senior Vice President of Exploration for Lundin Mining, and brings over three decades of experience in global mineral exploration and development.

Complemented by a team of technical experts and backed by the Lundin Group of Companies, NGEx Minerals’ management has a proven track record of unlocking value through exploration and resource expansion. Their collective experience positions the company to continue its growth trajectory as a leader in high-grade copper-gold exploration.

‍

NGEx Minerals is executing a focused growth strategy aimed at advancing its high-grade copper-gold-silver projects in South America’s Vicuña District through aggressive exploration, strategic partnerships, and disciplined project development. The company’s immediate focus is on expanding the mineralized footprint at Lunahuasi, where recent drilling has demonstrated exceptional grades. NGEx plans to continue its exploration programs to delineate additional high-grade zones and further define the scale of this promising asset.

At Los Helados, NGEx is leveraging its substantial copper-gold resource base to attract strategic interest and enhance shareholder value. With both projects positioned within one of the world’s premier copper regions, the company aims to capitalize on proximity to established infrastructure and nearby development-stage assets operated by major mining companies.

Sustainability and responsible development are central to NGEx’s strategy. The company is committed to maintaining strong relationships with local communities and stakeholders in Argentina and Chile, ensuring environmental stewardship as it advances its projects. NGEx is also exploring opportunities to incorporate sustainable practices and technologies, aligning with the global demand for responsible resource development.

By combining resource expansion at Lunahuasi, asset enhancement at Los Helados, and a commitment to sustainable practices, NGEx Minerals is strategically positioned for long-term growth, with the potential to become a key player in the global copper market.

‍

NGEx Minerals is financially well-positioned to advance its flagship exploration projects in the Vicuña District, benefiting from a strong balance sheet and the support of the Lundin Group. As of the latest reporting, the company has C$51 million (approximately US$37.5 million) in cash and equivalents, providing ample runway for its 2024-2025 drill programs at Lunahuasi and ongoing exploration at Los Helados. This liquidity ensures NGEx can sustain its aggressive exploration pace while expanding its resource base and delineating high-grade zones.

The company’s strategic focus on high-grade copper-gold-silver assets in a favorable mining jurisdiction positions NGEx to capitalize on rising demand for copper, supported by the global shift toward electrification and renewable energy. NGEx's disciplined financial approach emphasizes capital efficiency and shareholder value, with a significant portion of funding directed towards high-impact drilling activities designed to rapidly expand resources.

NGEx Minerals is listed on the Toronto Stock Exchange (TSX: NGEX) and OTCQX (NGXXF), offering investors exposure to a top-tier exploration company with assets in a globally significant copper district. With a market capitalization of approximately C$2.1 billion, NGEx is committed to maintaining financial flexibility, securing additional funding as necessary, and exploring potential strategic partnerships to accelerate project development and maximize asset value.

‍

NGEx Minerals Ltd. stands at the forefront of copper exploration with its high-grade projects in the Vicuña District, one of the world’s most promising emerging copper regions. With recent discoveries at Lunahuasi and an established resource at Los Helados, NGEx is uniquely positioned to capitalize on growing global demand for copper, gold, and silver driven by the shift toward renewable energy and electrification.

The company’s commitment to responsible exploration, backed by a seasoned management team and the Lundin Group’s extensive industry expertise, provides NGEx with a strategic advantage in advancing its assets and building long-term value. NGEx’s disciplined financial management and proactive risk mitigation strategies further solidify its position as a resilient, growth-focused exploration company.

For investors seeking exposure to a high-potential exploration company with a significant footprint in a world-class copper district, NGEx Minerals represents a unique opportunity. As the company moves forward with its aggressive exploration plans, it is well-positioned to deliver strong returns and establish itself as a leading copper-gold-silver player in the global mining sector.

‍