Why Invest in ATEX?
Significant Inferred Resource containing 1.41 billion tonnes of Cu-Au mineralization grading 0.67% CuEq* ((0.5% Cu, 0.20 g/t Au, 0.96 g/t Ag and 64 g/t Mo) at 0.4% Cu Cutoff)
High-grade Porphyry Trend emerging, MRE 2023 Central Trend hosts ~200 Mt at 0.84% CuEq* (0.5% Cu cut-off)., open in all directions
Phase IV drilling confirming confluence of Porphyry trends into continuous NNW trending body with limits still not defined
Dimensions of system tested by drilling through Phase IV measures >1,200m along strike and >1,000m wide and open in all directions
Multiple world class intersections of >1,000m of continuous Cu-Au mineralization above a grade of 0.40% CuEq**
*For further information, please see press release from September 12, 2023 and also available under the ATEX Resources SEDAR+ profile. Copper Equivalent (CuEq) is calculated assuming US$ 3.15/lb Cu, US$ 1,800/oz Au, US$ 23/oz Ag, and US$ 20/lb Mo and metallurgical recoveries of 90% for Cu, 70% for Au, 80% for Ag, and 60% for Mo using the formula CuEq % = Cu % + (6481.488523 * Au g/t) + (94.6503085864 * Ag g/t) + (4.2328042328 * Mo g/t).
**Intervals are composited at a 0.40% CuEq cut-off and a maximum 10 metre width for internal dilution unless otherwise noted.