NGEx Resources Hits 0.78% Copper Equivalent Over 230 Metres at Josemaria

NGEx Resources Inc. (TSX:NGQ) reported additional drill results from the Josemaria copper-gold porphyry project  in San Juan Province, Argentina.

As quoted in the press release:

The highlights of the holes released today include JMDH61 which intersected 230.5 metres at 0.62% copper and 0.24 g/t gold and JMDH62 which intersected 160.5 metres at 0.53% copper and 0.19 g/t gold. Both holes are on a section line 100 metres north of high grade hole JMDH50 drilled last year. The third drill hole released today, JMDH60, was collared 100 metres to the east of JMDH50.

NGX’s President and CEO, Wojtek Wodzick, said:

Today’s results are very positive and expand a zone of high grade chalcocite mineralization that could if further extended have a significant impact on the existing resource and the project. The high grade zone remains open in several directions and we continue an aggressive program of step out drilling to test this potential.

To view the whole press release, click here.