NGEx Drills 711 Metres 0.54% Copper and 0.26 Grams/Tonnes Gold at Los Helados, Chile

- February 22nd, 2011

NGEx Resources Inc. (TSE:NGQ) announced results from the first three diamond drill holes completed at the Los Helados project located in Chile’s Region 3.

NGEx Resources Inc. (TSX:NGQ) announced results from the first three diamond drill holes completed at the Los Helados project located in Chile’s Region 3.

The press release is quoted as saying:

Commenting on the results, Wojtek Wodzicki, President and CEO, said, “We are very excited by both the length and grade of these intercepts and by the fact that these drill holes contain long intervals of better than 0.6% copper and substantial intervals of >0.8% copper as well as consistent accessory gold. The reported intervals look even more encouraging on a copper equivalent basis. The results we report today suggest that we are in the midst of defining a major new copper-gold system that is still open in several directions and at depth.

Click here to access the entire press release.

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