ATEX expands B2B mineralized zone by 135 meters east at Valeriano project
ATEX Resources Inc. (TSXV: ATX) (OTCQB: ATXRF) reported drill results from its Valeriano copper-gold project in Chile's Atacama Region that extend the B2B mineralized zone 135 meters to the east.
Drill hole ATXD34 intersected 172 meters of 0.80% copper equivalent within a broader interval of 834 meters of 0.66% copper equivalent. The hole was located approximately 135 meters east of the existing B2B zone, representing a significant lateral expansion of the mineralized footprint.
The company's Phase VI drill program has completed approximately 24,000 meters of drilling with six diamond rigs operating. The program was originally planned for 25,000 meters but is now expected to exceed 30,000 meters by season end.
Additional results include drill hole ATXD33, which tested a geophysical anomaly 525 meters southeast of existing mineralization. The hole intersected 198 meters of 0.14% copper equivalent and 134 meters of 0.13% copper equivalent, confirming mineralization extends beyond currently defined limits.
Drill hole ATXD30, located 625 meters north of the B2B zone, intersected alteration and mineralization, indicating the system remains open to the north. The company stated that porphyry-related mineralization has been intersected over approximately 1.8 kilometers from north to south.
Chris Beer, interim CEO, said the results represent expansion of the mineralized system and that the B2B horizon remains open for further expansion into untested areas.
The Valeriano project hosts an indicated resource of 475 million tonnes at 0.88% copper equivalent and an inferred resource of 1,511 million tonnes at 0.75% copper equivalent, as reported in September 2025.
