07:17 AM EDT, 03/13/2025 (MT Newswires) -- NGEx Minerals ( NGXXF ) reported Thursday the latest drill results from the Lunahuasi copper-gold-silver project in Argentina.

Highlights include 51.50 meters at 12.26% copper equivalent, including 21.50 meters at 8.71% 26.68% copper equivalent, and 27.40 meters at 25.19% copper equivalent.

"This release highlights the success with our short-range holes where we are starting to see good continuity, predictability and scale around one of the thick, high-grade intersections from last year's program," President and CEO Wojtek Wodzicki said.

The company said eight drill rigs are now turning at Lunahuasi with 11 holes completed and 16,433 meters drilled.

"Today's results also continue to highlight the very high gold grades at Lunahuasi, which is turning out to be a very significant gold deposit as well as high-grade copper deposit," Wodzicki said.

NGEx's share price closed 1.2% lower on Wednesday at $13.03 on the TSX.