{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"ATEX Resources (TSXV:ATX) - Advancing Large-Scale Copper-Gold Project in Chile's Atacama Desert","html":"","width":"100%","height":180,"duration":836,"description":"Interview with Ben Pullinger, President & CEO of ATEX Resources Inc.Our previous interview: https://www.cruxinvestor.com/posts/atex-resources-tsxvatx-rapidly-advancing-new-copper-gold-discovery-5503Recording date: 12th September 2024ATEX Resources (TSXV:ATX) is rapidly emerging as a significant player in the copper exploration sector, advancing a potentially world-class copper-gold project in Chile's mineral-rich Atacama region. The company's flagship asset has already demonstrated substantial scale and continues to grow, offering investors exposure to one of the largest undeveloped copper resources globally.Current inferred resources stand at an impressive 1.5 billion tons at 0.7% copper, with a high-grade component that enhances the project's economic potential. Recent exploration success, particularly in the Phase 4 drilling program, has further bolstered the project's prospects. A new high-grade zone discovered in the final hole of Phase 4, featuring 100 meters at 2% copper equivalent, overlies the main porphyry system and could significantly impact future development scenarios.ATEX is poised to commence its largest drilling campaign to date with the upcoming Phase 5 program. This extensive drilling effort is expected to double the company's dataset, potentially expanding the resource and increasing confidence in grade and continuity. CEO Ben Pullinger emphasizes the company's exploration efficiency, noting their progress from \"geological curiosity\" to approaching a top 10 undeveloped copper project in just three to four years.Metallurgical performance is another strong point, with reported recoveries of 95% for copper and 94% for gold. These high recovery rates bode well for potential future economic viability. Additional large-scale metallurgical testing is underway to further validate these promising results.ATEX currently owns 49% of the project but has a clear path to 100% ownership with a final payment of $8 million due. This relatively modest payment...","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}