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NGEx Minerals (NGEX) investor relations material
NGEx Minerals Investor Day 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Strategic vision and district overview
Focus on advancing Lunahuasi as a standalone high-grade copper-gold development, leveraging a proven exploration track record and entrepreneurial approach in the Vicuna District.
The Vicuna District hosts five major deposits, including Lunahuasi, with ongoing development and exploration across multiple assets.
Emphasis on scale, clustering of deposits, major structures, and high grades as key characteristics of world-class metal districts.
Application for Argentina’s RIGI investment incentive is underway, aiming to secure fiscal benefits for project development by July 2026.
M&A is not a core strategy but remains an option if compelling proposals arise; focus is on organic growth and value creation.
Exploration and resource development
Lunahuasi exhibits four overlapping, unusually high-grade mineralization styles, making it a globally unique deposit with significant upside.
Over 43,000m drilled in three phases, with predictive discovery methods targeting new zones and extensions; deposit remains open in all directions.
Resource definition will be staged, starting with high-grade zones and potentially expanding to bulk mining scenarios; both underground and surface drilling are planned.
Geological modeling and advanced structural analysis have enabled targeted drilling and resource definition, with three main high-grade zones (Mars, Jupiter, Saturn) aligning with mapped surface structures.
The team is preparing for an underground adit to improve drilling efficiency and resource definition.
Phase 4 drill program and future plans
Phase 4 drill program (25,000m, 8 rigs) to start October 2025, focusing on resource definition, step-out, and exploration drilling.
Objectives include defining and expanding main zones, extending mineralized intersections, and testing new targets based on district-scale modeling.
Resource definition drilling will build toward an initial resource estimate, a key step for future production planning.
Long-range exploration aims to discover missing parts of the system and establish the full extent of porphyry mineralization.
MT geophysical results suggest potential for a much larger mineralized system.
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