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Why Invest in ATEX?
Significant and growing Mineral Resource with previously reported 2023 Inferred Resource of 1.41 billion tonnes of Cu-Au grading 0.67% CuEq*
Phase V drill program has already delivered the highest-grade intersections to date, which should support a meaningful Mineral Resource update in H2 2025
B2B zone holes ATXD23A (152m grading >2% CuEq)** and ATXD26 (68m grading >2% CuEq)*** present optionality and a conceptual high-grade underground starter mine closer to surface
Metallurgical work supports up to 95% Cu / 97% Au recoveries at a coarser grind, and a clean marketable concentrate with negligible deleterious elements
Scalability with mineralization +1.4 km along strike, +1 km wide, and open in all directions
100% in Chile, district still largely untested with additional porphyries likely in hiding
Agnico Eagle Mines is the largest cornerstone investor investing C$55 million
* For further information, please see press release from September 12, 2023 and also available under the ATEX Resources SEDAR+ profile. Copper Equivalent (CuEq) is calculated assuming US$ 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).
**ATXD26 intersected 68m grading 2.02% CuEq (1.39% Cu, 0.6 g/t Au, 3.81 g/t Ag and 473 g/t Mo). See news release dated May 15, 2024.
***ATXD23A intersected 152.0 metres of 2.03% CuEq (1.52% Cu, 0.75 g/t Au, 0.83 g/t Ag and 40.93 g/t Mo). See news release dated January 23, 2025.