Northwire Canada EditionWednesday, July 29, 2026
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NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0% NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0%
Drill Results

ATEX Intersects 146 Meters of 2.00% CuEq at B2B Zone with over 600 Meters of Results Still Pending

ATEX Validates High-Grade Core as Phase VI Drilling Hits 2.0% Copper Equivalent, Bolstered by C$110M Cash Position

By The Northwire Desk — AI Analysis Dec 18, 2025 · 16:14 ATX · 2.795 ATEX Resources Inc.
Executive Summary

The most recent news release (December 18, 2025) provides initial assay results from the Phase VI drill program at the Valeriano Copper-Gold Project in Chile. Key highlights include: - Hole ATXD26B intersected 146 meters of 2.00% CuEq (1.30% Cu, 0.67 g/t Au) within a broader 224-meter interval of 1.52% CuEq. - Significantly, over 600 meters of results for ATXD26B are still pending, as only the upper portion of the B2B Zone was reported. - Hole ATXD25C (full results) returned 584 meters of 1.27% CuEq, including a high-grade core of 164 meters at 2.77% CuEq. - Operationally, the company is ahead of schedule, having completed 12,550 meters of the planned 25,000-meter program with six rigs active.

Material Impact

This news is materially positive for several reasons: - Grade Superiority: The reported grades (2.00% and 2.77% CuEq) significantly exceed the average grade of the September 2025 Mineral Resource Estimate (MRE), which stands at 0.88% CuEq for Indicated and 0.75% CuEq for Inferred resources. - Resource Growth: The results extend the B2B Zone down-dip by approximately 100 meters, suggesting the potential for a material increase in high-grade tonnage in the next resource update. - Execution De-risking: Being "ahead of schedule" on a 25,000-meter program reduces the risk of seasonal delays and suggests efficient management of the C$110 million raised in November. - Pending Catalysts: With 600 meters of hole 26B pending and 6,500 meters of samples already at the lab, a steady stream of high-grade news is expected through Q1 2026.

ATX · Price
Company Overview

ATEX Resources is a Canadian mineral exploration company focused on the Valeriano Copper-Gold Project in the Atacama Region, Chile. - Flagship Project: Valeriano is located in the "Link Belt" between the El Indio and Maricunga belts. - Scale: 1.41 billion tonnes at 0.67% CuEq (2023 MRE), recently updated in Sept 2025 to 1.98 billion tonnes across all categories. - Ownership: ATEX achieved 100% ownership in December 2024. - Stage: Advanced exploration/Resource definition.

Read the original news release →

More from ATEX Resources Inc.

Jul 08, 2026 · 17:01

ATEX infill drilling at the B2B breccia confirms mineralisation continuity without revealing new transformative scale or significant grade enhancements.

Drill Results Jun 23, 2026 · 07:01

ATEX reduces the Valeriano royalty to 2.3% and monetizes its SCMV stake as Phase VI drilling nears completion.

M&A / Property May 26, 2026 · 17:52

ATEX Stretches High-Grade B2B Breccia to 600m as Valeriano’s Looming Giant Keeps Growing, But Market Doubts Persist

Drill Results May 21, 2026 · 16:31

ATEX Stabilizes Post-Fatality with ESG Report, But Capital Overhang Remains

Other May 12, 2026 · 07:01

ATEX Secures Tier-1 Listing Status While Safety Protocols Face Scrutiny Post-Incident

Regulatory May 12, 2026 · 07:00

OTCQX Upgrade Validates Compliance But Valuation Drivers Remain Drilling Dependent

Regulatory