Environmental Approval Received For Development Of Exploration Adit At Lunahuasi

VANCOUVER – NGEx Minerals Ltd. reported that the Mining Authority of San Juan Province, Argentina, has approved the Environmental Impact Statement (DIA, or Declaración de Impacto Ambiental) for the development of an exploration adit at the Company’s 100%‑owned Lunahuasi project, the highest‑grade copper‑gold‑silver deposit in the Vicuña District. The approval of the DIA represents a major milestone in what has been a swift permitting process and enables NGEx to rapidly advance the Lunahuasi story, enabling underground evaluation and enhancement of the Company’s geological understanding of this deposit.
Wojtek Wodzicki, President and CEO, said, “We are very pleased to receive environmental approval for the Lunahuasi exploration adit. This decision by the San Juan Mining Authority supports our strategy of responsibly advancing Lunahuasi and underscores the strong working relationship we have developed with provincial authorities.
The ability to proceed with underground development is a crucial step that will allow us to directly access high‑grade bulk material for metallurgical and engineering studies, provide access for year-round underground drilling, improve geologic definition, and position Lunahuasi for the next stage of advancement. This approval is also an important signal from San Juan and Argentina, reflecting their commitment to responsible mineral development and the economic opportunities that it brings.”