{"content":[{"text":"ATEX Defines Opportunity to Extend Porphyry Mineralization Closer \n to Surface at its Valeriano Copper Gold Project","bbox":{"left":0.129647,"top":0.132875,"width":0.7404,"height":0.052289}},{"text":"TORONTO, July 14, 2021 – ATEX Resources Inc. (TSXV:ATX) (“ATEX”) is pleased to report \n an updated interpretation of the geology of the Valeriano Copper Gold Project, located 125 \n kilometres southeast of Vallenar, Chile within the northern section of El Indio Mineral Belt. The \n new interpretation, developed after detailed relogging of 26,848 metres of historic drill core and \n reverse circulation drill chips, combined with results from the recent ATEX mapping and drilling \n programs, suggests that the Valeriano copper gold porphyry mineralization may trend closer to \n surface to the southwest of the main area of the previous drilling campaigns.","bbox":{"left":0.117686,"top":0.207313,"width":0.7650530000000001,"height":0.12934299999999996}},{"text":"The Valeriano Copper Gold Porphyry Deposit currently hosts an inferred resource of 297.3 \n million tonnes grading 0.59% copper, 0.193 grams per tonne gold and 0.90 grams per tonne \n silver (0.77% copper equivalent) at a cut-off grade of 0.50% copper (maiden resource estimate, \n September 20, 2020 ATEX press release) for contained metal totals of 1.77 million tonnes \n copper, 1.84 million ounces gold and 8.62 million ounces of silver (2.30 million tonnes copper \n equivalent). In addition to the Copper Gold Porphyry Deposit, Valeriano also hosts the near \n surface Gold Oxide Deposit and the newly discovered GBV gold zone (July 6, 2021 ATEX press \n release).","bbox":{"left":0.117686,"top":0.351139,"width":0.7652040000000001,"height":0.147638}},{"text":"“The new geological interpretation, the culmination of months of detailed relogging of drill core \n and chips undertaken by a team of geologists with particular expertise in El Indio Belt porphyry \n systems, suggests that copper gold porphyry mineralization may extend much closer to the \n surface, southwest of the area of previous drilling.” said Raymond Jannas, President and CEO \n of ATEX. “This new area provides a significant exploration opportunity and, during the \n upcoming drill season, represents a high priority target for the expansion of the Valeriano \n Copper Gold Porphyry Deposit.”","bbox":{"left":0.117686,"top":0.513109,"width":0.7652030000000001,"height":0.12948099999999996}},{"text":"Valeriano Copper Gold Porphyry Deposit Geology","bbox":{"left":0.117686,"top":0.656922,"width":0.39787900000000004,"height":0.019152999999999976}},{"text":"The detailed relogging program, combined with the surface mapping during the recent ATEX \n exploration program, resulted in a significantly better understanding of the geometry and \n distribution of the porphyry-related intrusives and the copper gold porphyry and gold oxide \n mineralization systems.","bbox":{"left":0.117686,"top":0.690407,"width":0.764775,"height":0.07434200000000002}},{"text":"The relogging program developed the identification of six distinctive porphyry intrusives with five \n related to the development of the porphyry copper gold mineralization (VP1 to VP5) and one \n post mineral, dacitic intrusive that cuts all stages of mineralization: copper gold porphyry and \n gold oxide. Intrusives VP1 and VP2 have the highest copper and gold grades and intensity of \n veining and intrusives VP3 to VP5 display diminished grades and quartz veining. Figure 1 \n shows representative samples with approximate grade distribution of the various porphyries.","bbox":{"left":0.117686,"top":0.779081,"width":0.7652100000000001,"height":0.1109659999999999}},{"text":"ATEX Resources Inc., 25 Adelaide Street East, Suite 1900, Toronto, Ontario M5C 3A1","bbox":{"left":0.216503,"top":0.948646,"width":0.56624,"height":0.015355000000000008}}],"images_bbox":[{"left":0.435294,"top":0.035922,"width":0.129412,"height":0.07803}],"images_bbox_not_text_overlap":[{"left":0.435294,"top":0.035922,"width":0.129412,"height":0.07803}]}