The Valeriano Project is located in the Huasco Province of the Atacama Region of northern Chile. Credit: Atex Resources
Drilling at ATEX Resources’ (TSXV: ATX) Valeriano copper-gold project in northern Chile returned results as high as 2.21% copper – the company’s highest-grade intersection yet in mineralized porphyry at the site. Shares jumped.
Hole ATXD25A cut 30 metres grading 2.21% copper, 3.17 grams gold per tonne, 15.1 grams silver and 3 grams molybdenum from 1,892 metres depth, the company reported Tuesday. The hole also pierced 16 metres at 3.04% copper, 4.82 grams gold, 21.1 grams silver and 5 grams molybdenum from 1,896 metres depth.
“Valeriano keeps getting better with every hole in the (stage five) program to date intersecting significant high-grade mineralization and setting new records for the project,” Atex president and CEO Ben Pullinger said in a release.
Hole ATXD25A…
