NGEx Minerals Ltd. announced drill results from holes DPDH050 through DPDH054 as part of the ongoing Phase 4 drill program at its 100%-owned, high-grade Lunahuasi copper-gold-silver project in San Juan Province. The program continues to advance with eight drill rigs currently active on site.
By Panorama Minero
Highlights from the latest results include:
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Drillhole DPDH051 intersected 327.40m at 3.74% CuEq (Copper Equivalent) from 436.70m, including:
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4.30m at 12.67% Cu (Copper), 62.11 g/t Au (Gold) and 297.1 g/t Ag (Silver) from 561.70m,
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5.80m at 14.40% CuEq from 683.00m,
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7.30m at 14.50% CuEq from 716.00m,
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3.00m at 11.28% CuEq from 742.00m.
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Drillhole DPDH052 intersected 13.00m at 5.99% CuEq from 395.40m.
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Drillhole DPDH054 intersected 94.00m at 8.99% CuEq from 271.00m, including 21.70m at 31.92% CuEq (with 25.21 g/t Au) from 284.10m.
Wojtek Wodzicki, President and CEO of NGEx Minerals, stated that with the Phase 4 program fully underway, assay results are now being received on a steady basis, supporting regular updates in the coming months. According to Wodzicki, the newly reported holes continue to support the company’s geological interpretation and further expand the Mars, Jupiter and Saturn zones, while also reinforcing Lunahuasi’s gold potential through new high-grade intersections.
He highlighted that gold intersections in drillholes DPDH050 and DPDH051 are located within the Saturn Zone, while DPDH054 is situated approximately 335 meters away in the Mars Zone, demonstrating the presence of high-grade gold throughout the deposit. Wodzicki added that the company is taking advantage of the summer season in Argentina to initiate larger step-out drilling aimed at testing broader conceptual targets and exploring for new deposits in the surrounding area.
The Phase 4 drill program remains ahead of schedule, with more than 12,000 meters drilled to date, including 12 completed drillholes and eight currently in progress. Initial drilling has focused on defining and expanding the three main zones—Saturn, Mars and Jupiter—before transitioning toward larger step-outs and new exploration targets as the campaign advances.
Of the completed Phase 4 drillholes, two have tested the Jupiter Zone, two the Mars Zone and eight the Saturn Zone. In parallel with exploration drilling, a geotechnical drillhole is currently being completed along the centerline of the proposed exploration adit, as planning for that initiative continues.
