NGEx Provides Update on Exploration Program at Nacimientos Project, Argentina

NGEx Resources (TSX: NGQ) has reported that it has started a three to four hole scout drilling program at its new Nacimientos copper and gold project located in San Juan Province, Argentina.

The company explains in a Tuesday April 23 press release that this first pass program is designed to test some of the ideas and targets generated earlier this season before the onset of the southern hemisphere winter. Drill results are expected to be received in the second quarter, 2018. A more extensive drill program is planned for the fourth quarter this year.

As quoted in the press release:

Nacimientos project NGEx’s chief executive officer Wojtek Wodzicki said “For NGEx, this type of project represents a return to our roots as one of the most successful greenfields exploration teams in South America. Years of underinvestment in basic exploration by the mining industry means that the project pipeline for the gold and copper sector is very limited and we are confident that a high quality portfolio of projects put together at low cost has the potential to create significant value for our shareholders. It is early days at Nacimientos but we are confident that it represents the first step in the next chapter of success for NGEx.”

Click here to view the full NGEx Resources (TSX: NGQ) press release.