Atex Resources Inc - Mining Stock Analysis & Updates

ATEX Intersects 44 Metres of 1.00% CuEq Expanding B2B Zone Updip and Along Strike

ATEX Intersects 30 Metres of 4.40% CuEq in Highest-Grade Porphyry Intersection at Valeriano to Date

ATEX Resources Inc. reports progress at the Valeriano Copper Gold Project in Chile, extending a high-grade porphyry trend by 200m. Phase V includes ongoing drilling with notable findings, including a high-grade intersection and the appointment of Dr. Christine Rainaud as Exploration Director.

ATEX Extends High-Grade Porphyry Trend Intersecting 220 Metres of 1.00% CuEq Within Broader Intercept with Remaining Assays Still Pending

ATEX Resources Inc. announced updated partial assay results from its Valeriano Copper Gold Project in Chile, highlighting significant copper equivalent intersections in drill holes ATXD16B and ATXD23A. Further assays are pending, with ongoing exploration promising potential for high-grade mineralization extensions.

ATEX Announces Grant of Restricted Share Units

ATEX Resources Inc. announced the grant of 295,110 restricted share units (RSUs) as a 2024 performance award to employees and directors, with management receiving 178,510 RSUs. The company continues to engage Adelaide Capital Markets for investor relations services.

ATEX Drills New Record Intercept at Valeriano Hitting 152 Metres of 2.03% CuEq Within 342 Metres of 1.48% CuEq with Assays on Remainder of Hole Pending

ATEX Resources Inc. reports significant assay results from drill hole ATXD23A at the Valeriano Copper-Gold Project in Chile, revealing a 130-metre extension of high-grade breccia mineralization. The system remains open in all directions, indicating further exploration potential.

ATEX Reflects on a Transformative Year and Provides 2025 Outlook with Fifth Diamond Drill Rig Mobilized to Valeriano Project

ATEX Resources Inc. reports significant 2024 achievements in its Valeriano Copper Gold Project, including a successful Phase IV drill program, strong metal recoveries, a C$55 million investment from Agnico Eagle Mines, and full ownership of the project ahead of schedule. Phase V exploration is set to ramp up in 2025.

ATEX Announces Early Achievement of 100% Ownership of the Valeriano Project

ATEX Resources Inc. has achieved 100% ownership of the Valeriano Copper Gold Project by fulfilling conditions of an option agreement with Sociedad Contractual Minera Valleno, including a final payment of US$8 million made in shares.

ATEX Announces Results of Second Metallurgical Program Further Demonstrating Outstanding Recoveries for Copper and Gold at Valeriano, Phase V Drill Program Underway with Fourth Rig Being Mobilized

ATEX Resources Inc. announced positive results from its second metallurgical program at the Valeriano Project in Chile, showing strong copper and gold recoveries, effective grinding methods, and potential for a marketable molybdenum concentrate.

ATEX Announces Closing of Strategic Investment by Agnico Eagle and Final Settlement of Credit Facility

ATEX Resources Inc. has closed a US$40 million strategic investment by Agnico Eagle Mines Limited on a private placement basis and settled its US$15 million credit facility. At the same time, a newly appointed ATEX director made a C$500,000 equity investment. Agnico acquired 33,869,939 units of the Company, each consisting of a common share and a half of a common share purchase warrant. The funds will be used for ATEX's exploration activities at the Valeriano Copper-Gold Project in Chile and for general corporate purposes. ATEX also closed a private placement of 306,748 units to board member Rick McCreary, raising C$500,000.

ATEX Announces Grant of Incentive Stock Options and Restricted Share Units

On October 28, 2024, ATEX Resources Inc. announced that according to its Stock Option Plan, it has granted 2,290,870 incentive stock options to its employees, with 1,474,650 going to its officers. Each option allows the holder to acquire one ATEX common share at $1.63 over a five-year period. Furthermore, 422,098 restricted share units (RSUs) have been granted to company directors, vesting upon termination of their board membership. ATEX is currently exploring the Valeriano Copper-Gold Project in the Atacama Region, Chile, which holds a large copper gold porphyry mineral resource.

ATEX Announces US$40 Million Strategic Investment by Agnico Eagle

ATEX Resources Inc. has announced a strategic investment of US$40 million by Agnico Eagle Mines Limited. The investment will be used for exploration activities at the Valeriano Copper-Gold Project in Chile and for general corporate purposes. Agnico will subscribe for approximately 33.9 million units of ATEX at a premium price. ATEX also plans to repay its entire US$15 million credit facility debt through the issuance of equity. Additionally, a private placement will be made to new board member Rick McCreary, raising C$500,000.