ATEX Intersects 44 Metres of 1.00% CuEq Expanding B2B Zone Updip and Along Strike | ECRTF Stock News

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3 days ago
  • ATEX Resources (ATX) expands high-grade porphyry trend to 1,000 meters along strike at Valeriano Copper Gold Project in Chile.
  • ATXD25A reports the highest-grade zone intersected to date, with 30m of 4.40% CuEq.
  • Elijah Tyshynski appointed as Chief Financial Officer, effective May 1, 2025.

ATEX Resources (ATX) has announced significant advancements in their Phase V drilling program at the Valeriano Copper Gold Project located in the Atacama Region, Chile. The company has completed approximately 13,700 meters of drilling, with nine holes completed and five more underway. This effort has notably extended the high-grade porphyry trend to around 1,000 meters along strike, leaving it open to the north.

Among the key highlights of their recent drilling, the hole ATXD25A reported the highest-grade intersection so far, encountering 30 meters with a copper equivalent (CuEq) of 4.40% within a broader 108-meter section grading 1.69% CuEq. Another hole, ATXD23B, specifically targeting the B2B zone, intersected 44 meters averaging 1.00% CuEq within a 210-meter interval of 0.83% CuEq. Meanwhile, drill hole ATXD27A extended the B2B zone's strike length by approximately 140 meters to the north by intersecting 42 meters at 1.20% CuEq.

ATEX also announced the appointment of Elijah Tyshynski as the new Chief Financial Officer and Corporate Secretary, effective May 1, 2025. Mr. Tyshynski brings extensive experience in capital markets and the mining sector, having previously served as CFO at O3 Mining until its acquisition by Agnico Eagle Mines.

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