en.Wedoany.com Reported - NGEx Minerals Ltd. has released results from two drill holes in the fourth phase drilling program at its wholly-owned Lunahuasi high-grade copper-gold-silver project in San Juan Province, Argentina, confirming the presence of a large, high-grade porphyry copper-gold system in the area.

Drill hole DPDH064, starting at 196.00 meters, intersected 1,540.10 meters at 1.17% copper equivalent grade; within this, a high-sulfidation mineralization interval starting at 572.00 meters returned 663.00 meters at 1.85% copper equivalent; in the Saturn zone, starting at 572.00 meters, 88.00 meters graded 8.65% copper equivalent, including an extremely rich segment of 15.65 meters starting at 583.35 meters with a grade of up to 30.13% copper equivalent. Additionally, within the porphyry mineralization interval starting at 1,235.00 meters, 501.10 meters graded 0.73% copper equivalent, including 156.00 meters starting at 1,512 meters at 1.00% copper equivalent. The drill hole ended in mineralization. Drill hole DPDH066, starting at 1,249.00 meters, intersected 394.00 meters at 0.24% copper equivalent; within this, starting at 1,249.00 meters, 63.00 meters graded 0.36% copper equivalent; starting at 1,580.00 meters, 48.00 meters graded 0.39% copper equivalent.

NGEx President and CEO Wojtek Wodzicki stated that DPDH064 is one of the most significant drill holes ever drilled on the property, penetrating the high-sulfidation system and continuing into the adjacent porphyry deposit, highlighting Lunahuasi's potential in both scale and grade. The drill hole also confirmed the presence of a large breccia body within the Lunahuasi porphyry, with significant copper and gold grades. Wodzicki noted that high-grade breccias are an important component of many world-class porphyry deposits globally, and discovering such mineralization in only the second drill hole to enter the porphyry on the property is highly promising.

Drill holes DPDH064 and DPDH066 confirmed the existence of a large, high-grade copper-gold porphyry system west of the Lunahuasi high-sulfidation deposit, partially overprinted by the latter. The fourth phase drilling program has been completed, totaling 27,318 meters of drilling across 32 holes. Assay results for the final nine drill holes will be released after the company receives, analyzes, and confirms them.

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