Northwire Canada EditionFriday, September 11, 2026
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GOLD 4407.30 −1.2% SILVER 64.93 −5.4% COPPER 6.55 −5.0% OIL 102.48 +6.7% PALLADIUM 1294.70 −6.2% IGO 0.190 −2.6% MCI 0.165 −2.9% GGI 0.080 +6.7% ETF 0.040 −11.1% ADE 0.100 +5.3% WDO 33.52 −3.3% IMM 0.065 +8.3% SNAG 0.240 −7.7% TUF 0.670 −2.9% VZZ 0.245 −3.9% APGO 3.55 +12.0% ISO 15.38 −6.6% VCG 1.52 +1.3% WRX 0.040 +0.0% TLG 2.22 −4.7% BARU 0.060 +0.0% GOLD 4407.30 −1.2% SILVER 64.93 −5.4% COPPER 6.55 −5.0% OIL 102.48 +6.7% PALLADIUM 1294.70 −6.2% IGO 0.190 −2.6% MCI 0.165 −2.9% GGI 0.080 +6.7% ETF 0.040 −11.1% ADE 0.100 +5.3% WDO 33.52 −3.3% IMM 0.065 +8.3% SNAG 0.240 −7.7% TUF 0.670 −2.9% VZZ 0.245 −3.9% APGO 3.55 +12.0% ISO 15.38 −6.6% VCG 1.52 +1.3% WRX 0.040 +0.0% TLG 2.22 −4.7% BARU 0.060 +0.0%
Drill Results Routine +

After Record $14,500 Copper, The Discovery Hunt Turns To British Columbia

NGEx’s Lunahuasi Phase 4 drilling extended the Saturn zone by 573m, confirming high-grade continuity.

By The Northwire Desk — AI Analysis Jul 08, 2026 · 09:00 NGEX · 24.55 NGEx Minerals Ltd.
Executive Summary

NGEx Minerals Ltd. (NGEX) has announced Phase 4 drill results from its 100%-owned Lunahuasi project in Argentina. The company reported that hole DPDH077 intersected 19.00m at 25.84% CuEq within a broader 57.75m interval at 9.41% CuEq, extending the Jupiter Zone down-dip.

In the Saturn Zone, hole DPDH071 intersected a 573.40m interval at 2.17% CuEq, demonstrating strike length and continuity. Step-out holes DPDH069 and DPDH072 expanded the Saturn Zone over 100m up-dip and down-plunge.

The Phase 4 program totals 27,318m across 32 holes. Assay results for the final five holes are pending or complete. These findings follow a steady stream of Phase 4 updates from March through June 2026.

Material Impact

NGEx Minerals Ltd. (NGEX) released results that serve as an expected, incremental follow-up to the Phase 4 program announced in late 2025 and executed throughout 2026. The findings confirm the high-grade continuity of the Saturn and Jupiter zones and validate the geological model for district-scale potential.

The update does not trigger new capital requirements, alter the Phase 5 timeline targeted for Q4 2026, or change the company's financial outlook. Market expectations for the Phase 4 expansion were already priced in, with this release serving as validation rather than a catalyst.

NGEX · Price
Company Overview

NGEx Minerals Ltd. (NGEX) is a Canadian exploration and development company focused on high-grade copper-gold-silver deposits. Its flagship asset is the Lunahuasi project in Argentina, which was discovered in 2023 and features multiple high-grade zones including Saturn, Mars, and Jupiter, as well as a newly identified porphyry system. The company also holds the Los Helados project in Chile, a large undeveloped copper-gold-silver resource positioned near Lundin Mining’s operating Caserones mine.

In October 2025, the company completed the spin-out of LunR Royalties Corp., retaining a 19.9% stake. LunR holds net smelter return (NSR) royalties on both the Lunahuasi and Los Helados assets.

Read the original news release →

More from NGEx Minerals Ltd.

Aug 06, 2026 · 19:30

NGEx’s Phase 4 Lunahuasi drill program yielded no new assays, while the Valle Ancho spin-out aims to streamline the company’s portfolio.

Drill Results Aug 06, 2026 · 18:00

NGEx Minerals to Spin-Out Valle Ancho Project to Shareholders Creating New South America Focused Lundin Group Exploration Vehicle

M&A / Property Jul 30, 2026 · 06:00

NGEx reports multiple high-grade massive sulphide intercepts extending the Mars and Saturn deposits at its Lunahuasi project in the phase 4 finale.

Drill Results Jul 08, 2026 · 06:00

NGEx Drills 19.00m at 25.84% CuEq Within 57.75m at 9.41% CuEq at Lunahuasi

Drill Results Jun 23, 2026 · 06:00

NGEx identified extensive breccia-hosted porphyry mineralisation at the Saturn Zone of its Lunahuasi project in Peru.

Drill Results May 28, 2026 · 18:00

NGEx Minerals Holds Ground on High-Grade Drilling as LunR Stake Validates Royalty Strategy

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