VANCOUVER, BC, April 30,
2024 /CNW/ - NGEx Minerals Ltd. ("NGEx",
"NGEx Minerals" or the "Company") (TSX: NGEX) (OTCQX:
NGXXF) is pleased to report drill results from holes DPDH012,
DPDH013, DPDH015 and DPDH016 from the Lunahuasi Project located in
the Vicuña District in San Juan Province, Argentina. PDF Version
These latest results confirm that Lunahuasi is a significant
discovery that hosts two distinct styles of porphyry-related
mineralization: 1) high-grade copper-gold-silver veins represented
by the discovery intercept in DPDH002 (60m at 7.52% copper equivalent ("CuEq") (5.65%
Cu, 2.04 g/t Au, 44.0 g/t Ag)), intercepts such as 23m at 23.02% CuEq (14.68% Cu, 9.95 g/t Au, 123.1
g/t Ag) in DPDH014, as well as the high-grade intercepts in the
drill holes published today; and 2) longer intercepts of stockwork
mineralization represented by previously reported 460.9m at 1.09% CuEq (0.64% Cu, 0.35 g/t Au, 22.2
g/t Ag) in DPDH010 and the longer intercepts from DPDH013, DPDH015,
and DPDH016 published today. Both styles of mineralization are
interpreted to be part of a major porphyry copper-gold system at
Lunahuasi.
Wojtek Wodzicki, President and
CEO, commented, "These latest drill results establish Lunahuasi as
yet another major discovery in the Vicuña District and demonstrate
the potential for a large volume of high-grade stockwork
mineralization in addition to the previously identified bonanza
grade veins. Drilling to date has identified various mineralized
zones throughout a 750m x
890m x 180m volume that is open in all directions. With
only 21 holes drilled into the deposit to date, and assays pending
for another seven of this season's drill holes, we are still early
on the learning curve, however, what we are seeing is consistent
with the peripheral part of a much larger system which we believe
is centered to the west of our current drilling.
The results released today are important because they confirm
that the Lunahuasi system has major size potential as well as high
grades. All holes in the stockwork zone end in mineralization
leaving further expansion potential as we continue to work towards
what we believe is the centre of the Lunahuasi system. Although our
current interpretation is that the centre of the system is to the
west, it is important to note that the high-grade vein system
remains open to the east, north, and south. Lunahuasi is shaping up
to be another remarkable Vicuña District deposit, and while the
remaining assays from this season's drilling make their way through
the assay lab, we have already begun to develop plans for a third
drill program to start later this year."
Highlights
- Drillhole DPDH012 intersected:
-
- 12.0m at 3.23% CuEq from
194.0m, including
-
-
- 2.0m at 12.96% CuEq from
196.0m, including
-
- 25.0m at 2.43% CuEq from
460.7m, including
-
-
- 6.5m at 5.73% CuEq from
479.2m
-
- This hole was not drilled far enough to intersect the stockwork
zone.
- Drillhole DPDH013 intersected:
-
- 24.0m at 2.06% CuEq from
162.0m
- 27.0m at 1.99% CuEq from
371.0m, including
-
-
- 3.0m at 8.38% CuEq from 371.0m
-
- 509.4m at 1.33% CuEq from
524.0m, including
-
-
- 7.2m at 10.73% CuEq from
692.8m
- 8.7m at 7.80% CuEq from
726.2m
- 5.0m at 5.53% CuEq from
827.0m
- 5.1m at 5.24% CuEq from
961.1m
- Drillhole DPDH015 intersected:
-
- 35.0m at 2.24% CuEq from
120.0m, including
-
-
- 7.7m at 5.57% CuEq from
146.2m
-
- 328.0m at 1.10% CuEq from
556.0m, including
-
-
- 78.3m at 2.05% CuEq from
802.0m, including
-
-
-
- 2.3m at 11.79% CuEq from
827.9m
- Drillhole DPDH016 intersected:
-
- 43.0m at 1.37% CuEq from
256.0m, including
-
-
- 2.0m at 22.67% CuEq from
274.0m
-
- 179.6m at 1.24% CuEq from
587.4m, including
-
-
- 22.1m at 3.36% CuEq from
696.0m, including
-
- 3.1m at 8.85% CuEq from
698.8m
-
-
- 16.1m at 4.53% CuEq from
730.0m
Estimated true widths of the intersections are shown in Table 1
below. Section and plan view maps of Lunahuasi are attached to the
end of this news release.
Drill Hole Details
DPDH012 was collared on Section 6275N and drilled to the
west at an angle of -58 degrees to a total depth of 704.0m. It intersected two high-grade vein zones
but was not drilled far enough to test the stockwork zone.
Highlights from this hole include an intersection from
194.0m which is interpreted as the
continuation, 105m down-dip, of the
eastern high-grade structure intersected in DPDH007 from
74.0m, and the intersection from
460.7m which is interpreted to be the
deepest intersection of the western high-grade structure initially
intersected by the discovery hole, DPDH002. The intersection in
DPDH012 extends this zone an additional 106m down-dip from the intersection at
380m in hole DPDH007.
DPDH013 was collared on Section 6225N, 100m west of DPDH014 and 50m east of DPDH010 and DPDH015 and drilled to
the west at an angle of -55 degrees (parallel to DPDH010) to a
total depth of 1,033.4m. This hole
intersected numerous mineralized structures over its entire length
and includes 509.4m of stockwork
mineralization grading 1.33% CuEq ending in mineralization
grading 1.6% CuEq over 10m. The end
of hole DPDH013 is 1.1 kilometres vertically below surface outcrops
of massive silica which are interpreted to represent the surface
outcrop of the structures we are drilling at depth.
DPDH015 was also collared on Section 6225N, from the same
platform as DPDH010, and drilled to the west at -45 degrees to a
total depth of 917.5m. Highlights
from this hole include an open-ended intersection of the stockwork
zone starting at 556.0m which
includes numerous high-grade structures, including 2.25m at 11.79% CuEq.
DPDH016 was collared on Section 6125N, 100m east of last season's holes DPDH005 and
DPDH008 and drilled to the west at -45 degrees to a depth of
773m. This hole intercepted several
wide high-grade structures within a broader zone of stockwork
mineralization grading 1.24% CuEq over 179.6m. In addition to high grade copper, this
hole includes a 2m interval from
274m at 22.67% CuEq which included a
1m sample at 55.1 g/t Au highlighting
the high-grade gold which is present in some of the Lunahuasi
mineralization. Understanding the controls on bonanza grade gold
and silver and exploring for extensions represents a significant
upside opportunity at Lunahuasi.
Mineralization is remarkably consistent throughout the deposit,
typically occurring as coarse-grained pyrite, enargite and lesser
covellite, ranging from stockwork veins and disseminations through
semi-massive and breccia-fill textures to massive sulphide zones up
to several metres in length. The transition from discreet
high-grade structures separated by unmineralized and propylitically
altered wall rock in the east towards higher temperature alteration
and stockwork and disseminated mineralization to the west is seen
in all holes above, with the exception of DPDH012 which ended
before it intersected the stockwork zone.
The more continuous mineralization in the western portion of the
holes is comprised of consistent advanced argillic alteration of
the host rhyolite and andesite cut by a stockwork of massive
sulphide veins ranging from 5 centimetres to 5m thick. This progression of mineralization from
discreet structures in the east to a more homogeneous stockwork
zone in the west is interpreted to represent a transition towards
the centre of the system which is thought to extend further west
and to depth below the end of the current holes.
Table 1: Significant Intercepts
Hole
ID
|
From
(m)
|
To
(m)
|
Length
(m)
|
Est True
Width (m)
|
Cu
(%)
|
Au
(g/t)
|
Ag
(g/t)
|
CuEq
(%)
|
DPDH012
|
59.0
|
240.0
|
181.0
|
74.2
|
0.25
|
0.59
|
4.8
|
0.72
|
incl
|
59.0
|
62.0
|
3.0
|
1.2
|
2.62
|
0.35
|
45.0
|
3.27
|
and incl
|
136.0
|
169.8
|
33.8
|
13.8
|
0.34
|
0.92
|
7.6
|
1.08
|
and incl
|
194.0
|
206.0
|
12.0
|
4.9
|
0.41
|
3.82
|
3.8
|
3.23
|
incl
|
196.0
|
198.0
|
2.0
|
0.8
|
0.65
|
16.80
|
7.0
|
12.96
|
plus
|
460.7
|
485.7
|
25.0
|
10.5
|
1.50
|
0.97
|
24.9
|
2.43
|
incl
|
470.3
|
471.2
|
0.9
|
0.4
|
11.49
|
1.84
|
135.0
|
14.01
|
incl
|
479.2
|
485.7
|
6.5
|
2.7
|
3.14
|
3.03
|
43.4
|
5.73
|
plus
|
560.7
|
566.0
|
5.3
|
2.3
|
2.28
|
0.87
|
13.5
|
3.03
|
DPDH013
|
162.0
|
186.0
|
24.0
|
10.3
|
0.94
|
1.35
|
15.4
|
2.06
|
incl
|
162.0
|
168.0
|
6.0
|
2.6
|
3.11
|
2.88
|
47.0
|
5.62
|
plus
|
256.0
|
466.2
|
210.2
|
94.6
|
0.35
|
0.53
|
6.1
|
0.79
|
incl
|
371.0
|
398.0
|
27.0
|
11.6
|
0.79
|
1.51
|
11.6
|
1.99
|
incl
|
371.0
|
374.0
|
3.0
|
1.3
|
1.16
|
9.36
|
44.6
|
8.38
|
and incl
|
395.0
|
397.0
|
2.0
|
0.9
|
4.22
|
1.45
|
26.0
|
5.50
|
Hole
ID
|
From
(m)
|
To
(m)
|
Length
(m)
|
Est True
Width (m)
|
Cu
(%)
|
Au
(g/t)
|
Ag
(g/t)
|
CuEq
(%)
|
plus
|
524.0
|
1,033.4
|
509.4
|
254.7
|
0.75
|
0.55
|
19.6
|
1.33
|
incl
|
607.0
|
608.0
|
1.0
|
0.4
|
3.80
|
13.05
|
60.0
|
13.85
|
and incl
|
634.2
|
639.3
|
5.1
|
2.2
|
2.41
|
1.11
|
43.1
|
3.60
|
and incl
|
666.0
|
737.9
|
71.9
|
31.6
|
1.18
|
1.59
|
46.2
|
2.75
|
incl
|
692.8
|
700.0
|
7.2
|
3.2
|
3.38
|
7.38
|
222.9
|
10.73
|
incl
|
726.2
|
734.9
|
8.7
|
3.8
|
4.57
|
3.08
|
112.5
|
7.80
|
and incl
|
778.0
|
837.0
|
59.0
|
26.0
|
0.78
|
0.93
|
49.6
|
1.89
|
incl
|
784.0
|
790.0
|
6.0
|
2.6
|
0.73
|
2.61
|
160.7
|
4.05
|
incl
|
827.0
|
832.0
|
5.0
|
2.2
|
3.72
|
1.50
|
81.4
|
5.53
|
and incl
|
885.7
|
918.0
|
32.3
|
16.2
|
1.61
|
0.39
|
26.2
|
2.13
|
incl
|
885.7
|
894.0
|
8.3
|
3.7
|
4.01
|
0.75
|
36.8
|
4.88
|
and incl
|
939.0
|
996.7
|
57.7
|
28.9
|
1.63
|
0.32
|
19.1
|
2.03
|
incl
|
946.0
|
949.0
|
3.0
|
1.5
|
2.98
|
0.26
|
24.7
|
3.39
|
incl
|
961.1
|
966.2
|
5.1
|
2.6
|
4.62
|
0.37
|
39.8
|
5.24
|
incl
|
974.8
|
976.1
|
1.3
|
0.7
|
8.22
|
3.03
|
47.0
|
10.84
|
DPDH015
|
99.0
|
210.0
|
111.0
|
63.3
|
0.56
|
0.43
|
14.1
|
1.00
|
incl
|
120.0
|
155.0
|
35.0
|
20.0
|
1.36
|
0.84
|
30.2
|
2.24
|
incl
|
137.5
|
142.3
|
4.8
|
2.7
|
2.21
|
0.64
|
37.2
|
3.01
|
incl
|
146.2
|
153.9
|
7.7
|
4.4
|
3.46
|
2.02
|
72.4
|
5.57
|
and incl
|
457.0
|
496.0
|
39.0
|
23.4
|
0.58
|
0.70
|
12.3
|
1.21
|
incl
|
488.5
|
489.6
|
1.1
|
0.6
|
2.63
|
8.77
|
80.0
|
9.73
|
plus
|
556.0
|
884.0
|
328.0
|
196.8
|
0.73
|
0.30
|
16.4
|
1.10
|
incl
|
574.2
|
625.0
|
50.8
|
29.5
|
0.65
|
0.71
|
63.8
|
1.73
|
incl
|
602.0
|
603.0
|
1.0
|
0.6
|
0.50
|
4.61
|
1,450.0
|
16.62
|
incl
|
609.1
|
612.0
|
2.9
|
1.7
|
2.53
|
1.28
|
83.3
|
4.19
|
incl
|
617.5
|
620.8
|
3.3
|
1.9
|
3.88
|
1.52
|
97.7
|
5.84
|
and incl
|
691.5
|
751.0
|
59.5
|
36.3
|
0.71
|
0.28
|
12.9
|
1.03
|
and incl
|
802.0
|
880.3
|
78.3
|
51.7
|
1.71
|
0.33
|
11.5
|
2.05
|
incl
|
827.9
|
830.2
|
2.3
|
1.5
|
10.46
|
1.07
|
62.5
|
11.79
|
incl
|
844.9
|
847.0
|
2.1
|
1.4
|
4.44
|
0.76
|
23.6
|
5.20
|
incl
|
874.0
|
878.0
|
4.0
|
2.6
|
3.92
|
0.31
|
20.5
|
4.33
|
DPDH016
|
230.0
|
343.0
|
113.0
|
76.8
|
0.34
|
0.87
|
5.6
|
1.03
|
incl
|
256.0
|
299.0
|
43.0
|
28.8
|
0.17
|
1.59
|
3.9
|
1.37
|
incl
|
274.0
|
276.0
|
2.0
|
1.3
|
0.85
|
29.76
|
14.0
|
22.67
|
incl
|
329.4
|
330.5
|
1.1
|
0.8
|
9.75
|
2.25
|
113.0
|
12.39
|
and incl
|
397.1
|
398.3
|
1.2
|
0.9
|
4.58
|
3.73
|
40.0
|
7.65
|
and incl
|
430.2
|
432.4
|
2.2
|
1.7
|
5.76
|
1.16
|
62.5
|
7.16
|
and incl
|
479.3
|
480.0
|
0.7
|
0.6
|
15.30
|
12.80
|
92.0
|
25.44
|
plus
|
587.4
|
767.0
|
179.6
|
147.3
|
0.81
|
0.38
|
17.8
|
1.24
|
incl
|
660.7
|
662.0
|
1.3
|
1.1
|
7.24
|
3.33
|
128.0
|
10.79
|
and incl
|
696.0
|
718.1
|
22.1
|
18.1
|
2.45
|
0.76
|
40.3
|
3.36
|
incl
|
698.8
|
701.9
|
3.1
|
2.5
|
6.20
|
1.82
|
150.1
|
8.85
|
incl
|
708.5
|
710.3
|
1.8
|
1.5
|
12.61
|
3.49
|
119.0
|
16.20
|
plus
|
730.0
|
746.1
|
16.1
|
13.2
|
2.76
|
1.44
|
81.0
|
4.53
|
incl
|
732.8
|
745.0
|
12.2
|
10.1
|
3.36
|
1.67
|
102.5
|
5.48
|
CuEq for drill
intersections is calculated based on US$3.00/lb Cu, US$1,500/oz Au
and US$18/oz Ag, with 80% metallurgical recoveries assumed for all
metals. The formula is: CuEq % = Cu % + (0.7292 * Au g/t) + (0.0088
* Ag g/t). True widths are estimated based on a preliminary
geological interpretation and are subject to change as more
information is acquired and the geological interpretation is
refined.
|
Outlook
Drilling is now complete for this season, and we are currently
demobilizing from the field and focused on processing the remaining
core, completing our geological interpretation, and beginning to
plan for the next field and drill program to begin in or around
early Q4 2024. Holes DPDH009 through DPDH016 drilled this season
have been reported, with assays from another 6,476m from holes DPDH017 through DPDH023 still
pending. A total of 12,952m of
drilling was completed during the current program bringing the
project total to 17,864m drilled to
date. Assay results for completed holes will be released as they
are received, analyzed, and confirmed by the Company.
Table 2: Drill Hole Information
Hole
ID
|
East
|
North
|
Elev
(masl)
|
Azimuth
|
Dip
|
Length
|
Status
|
DPDH009
|
439040
|
6856277
|
4,683
|
263.59
|
-59.27
|
582.0
|
Completed
|
DPDH010
|
439035
|
6856223
|
4,684
|
269.75
|
-55.08
|
1,070.2
|
Completed
|
DPDH011
|
439090
|
6856275
|
4,658
|
270.22
|
-61.82
|
419.0
|
Completed
|
DPDH012
|
439195
|
6856275
|
4,626
|
269.55
|
-57.95
|
704.0
|
Completed
|
DPDH013
|
439090
|
6856224
|
4,663
|
272.42
|
-55.27
|
1,033.4
|
Completed
|
DPDH014
|
439190
|
6856224
|
4,634
|
270.71
|
-55.63
|
976.8
|
Completed
|
DPDH015
|
439040
|
6856224
|
4,682
|
268.77
|
-43.71
|
917.4
|
Completed
|
DPDH016
|
439140
|
6856125
|
4,659
|
270.48
|
-46.03
|
772.7
|
Completed
|
DPDH017
|
440255
|
6855875
|
4,542
|
134.97
|
-55.23
|
393.0
|
Assays
Pending
|
DPDH018
|
439214
|
6856000
|
4,705
|
283.78
|
-44.24
|
1,167.4
|
Assays
Pending
|
DPDH019
|
437555
|
6855951
|
5,358
|
069.83
|
-60.91
|
1,394.0
|
Assays
Pending
|
DPDH020
|
439294
|
6856188
|
4,657
|
266.75
|
-54.55
|
959.0
|
Assays
Pending
|
DPDH021
|
439222
|
6855912
|
4,743
|
265.30
|
-44.24
|
1,202.5
|
Assays
Pending
|
DPDH022
|
439210
|
6855997
|
4,706
|
268.54
|
-43.84
|
1,106.5
|
Assays
Pending
|
DPDH023
|
438852
|
6856212
|
4,777
|
079.61
|
-59.94
|
254.0
|
Assays
Pending
|
Qualified Persons and Technical
Notes
The scientific and technical disclosure included in this news
release have been reviewed and approved by Bob Carmichael, B.A.Sc., P.Eng. who is the
Qualified Person as defined by NI 43-101. Mr. Carmichael is Vice
President, Exploration for the Company.
Samples were cut at NGEx's operations base in San Juan,
Argentina by Company personnel.
Diamond drill core was sawed and then sampled in maximum 2-meter
intervals, stopping at geological boundaries. Core diameter is a
mix of PQ, HQ and NQ depending on the depth of the drill hole.
Samples were bagged, tagged and packaged for shipment by truck to
the ALS preparation laboratory in Mendoza, Argentina where they were crushed and a 500g
split was pulverized to 85% passing 200 mesh. The prepared sample
splits were sent to the ALS assay laboratory in either Lima, Peru or Santiago, Chile for copper, gold and silver
assays, and multi-element ICP. ALS is an accredited laboratory
which is independent of the Company. Gold assays were by fire assay
fusion with AAS finish on a 30g sample. Copper and silver were
assayed by atomic absorption following a 4-acid digestion. Samples
were also analyzed for a suite of 48 elements with ME-MS61 plus
mercury. Copper and gold standards as well as blanks and duplicates
(field, preparation, and analysis) were randomly inserted into the
sampling sequence for Quality Control. On average, 9% of the
submitted samples are Quality Control samples. No data quality
problems were indicated by the QA/QC program.
Copper equivalent (CuEq) for drill intersections is calculated
based on US$3.00/lb Cu, US$1,500/oz Au and US$18/oz Ag, with 80% metallurgical recoveries
assumed for all metals. The formula is: CuEq % = Cu % + (0.7292 *
Au g/t) + (0.0088 * Ag g/t). True widths are estimated based on a
preliminary geological interpretation and are subject to change as
more information is acquired and the geological interpretation is
refined.
About NGEx Minerals
NGEx Minerals is a copper and gold exploration company based in
Canada, focused on exploration of
the Lunahuasi copper-gold-silver project in San Juan Province,
Argentina, and the nearby Los
Helados copper-gold project located approximately nine kilometres
northeast in Chile's Region III.
Both projects are located within the Vicuña District, which
includes the Caserones mine, and the Josemaria and Filo del Sol
deposits.
NGEx owns 100% of Lunahuasi and is the majority partner and
operator for the Los Helados project, subject to a Joint
Exploration Agreement with Nippon Caserones Resources LLC, which is
the indirect 49% owner of the operating Caserones open pit copper
mine located approximately 17 kilometres north of Los Helados.
Lundin Mining Corporation holds the remaining 51% stake in
Caserones.
The Company's common shares are listed on the TSX under the
symbol "NGEX" and also trade on the OTCQX under the symbol "NGXXF".
NGEx is part of the Lundin Group of Companies.
Additional information relating to NGEx may be obtained or
viewed on SEDAR+ at www.sedarplus.ca.
Additional
Information
Neither the TSX nor its Regulation Services Provider (as that
term is defined in the policies of the TSX) accepts responsibility
for the adequacy or accuracy of this news release.
The information contained in this news release was accurate at
the time of dissemination but may be superseded by subsequent news
release(s). The Company is under no obligation, nor does it
intend to update or revise the forward-looking information, whether
as a result of new information, future events or otherwise, except
as may be required by applicable securities laws.
Cautionary Note Regarding
Forward-Looking Statements
Certain statements made and information contained herein in
the news release constitutes "forward-looking information" and
"forward-looking statements" within the meaning of applicable
securities legislation (collectively, "forward-looking
information"). All statements other than statements of historical
facts included in this document constitute forward-looking
information, including but not limited to, statements regarding:
the nature and timing of the work to be undertaken to advance the
Lunahuasi Project; the potential for further discovery and/or
extension of mineralized zones at the Lunahuasi Project; the timing
and ultimate outcome of assays pending from the 2023-2024 Lunahuasi
drill program; the Company's ability to successfully demobilize
from the field; and the timing of, and conclusions resulting from,
an update to the geological interpretation at Lunahuasi. Generally,
this forward-looking information can frequently, but not always, be
identified by use of forward-looking terminology such as "plans",
"expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "projects",
"budgets", "assumes", "strategy", "objectives", "potential",
"possible", "anticipates" or "does not anticipate", or "believes",
or variations of such words and phrases or statements that certain
actions, events, conditions or results "will", "may", "could",
"would", "should", "might" or "will be taken", "will occur" or
"will be achieved" or the negative connotations thereof.
Forward-looking information is necessarily based upon various
estimates and assumptions including, without limitation, the
expectations and beliefs of management with respect to the nature,
scope and timing of the work to be undertaken to advance the
Lunahuasi Project. Although the Company believes that these factors
and expectations are reasonable as at the date of this document, in
light of management's experience and perception of current
conditions and expected developments, these statements are
inherently subject to significant business, economic and
competitive uncertainties and contingencies. Known and unknown
risks, uncertainties and other factors may cause actual results or
events to differ materially from those anticipated in such
forward-looking statements and undue reliance should not be placed
on such statements and information. Such factors include, without
limitation: the emergence or intensification of infectious
diseases, such as COVID 19, and the risk that such an occurrence
globally, or in the Company's operating jurisdictions and/or at its
project sites in particular, could impact the Company's ability to
carry out the program and could cause the program to be shut down;
estimations of costs, and permitting time lines; ability to obtain
environmental permits, surface rights and property interests in a
timely manner; currency exchange rate fluctuations; requirements
for additional capital; changes in the Company's share price;
changes to government regulation of mining activities;
environmental risks; unanticipated reclamation or remediation
expenses; title disputes or claims; limitations on insurance
coverage, fluctuations in the current price of and demand for
commodities; material adverse changes in general business,
government and economic conditions in Argentina; the availability of financing if
and when needed on reasonable terms; risks related to material
labour disputes, accidents, or failure of plant or equipment; there
may be other factors that cause results not to be as anticipated,
estimated, or intended, including those set out in the Company's
annual information form and management discussion and analysis for
the year ended December 31, 2023,
which are available on the Company's website and SEDAR+ at
www.sedarplus.ca under the Company's profile.
The forward-looking information contained in this news
release is based on information available to the Company as at the
date of this news release. Except as required under applicable
securities legislation, the Company does not undertake any
obligation to publicly update and/or revise any of the included
forward-looking information, whether as a result of additional
information, future events and/or otherwise. Forward-looking
information is provided for the purpose of providing information
about management's current expectations and plans and allowing
investors and others to get a better understanding of the Company's
operating environment. Although the Company has attempted to
identify important factors that would cause actual results to
differ materially from those contained in forward-looking
information, there may be other factors that cause results not to
be as anticipated, estimated, or intended. There can be no
assurance that such statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. All the forward-looking information
contained in this document is qualified by these cautionary
statements. Readers are cautioned not to place undue reliance on
forward-looking information due to the inherent uncertainty
thereof.
Cautionary Note to U.S.
Readers
Information concerning the mineral properties of the Company
contained in this news release has been prepared in accordance with
the requirements of Canadian securities laws, which differ in
material respects from the requirements of securities laws of
the United States applicable to
U.S. companies subject to the reporting and disclosure requirements
of the United States Securities and Exchange Commission.
SOURCE NGEx Minerals Ltd.