{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"ATEX Resources (TSXV:ATX) - Unlocking Value in a World-Class Copper Discovery","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/bb28bbe2\"></iframe>","width":"100%","height":180,"duration":1310,"description":"Interview with Ben Pullinger, Senior VP Exploration of ATEX Resources Inc.Our previous interview: https://www.cruxinvestor.com/posts/atex-resources-tsxvatx-drilling-the-next-major-copper-discovery-in-chile-4161Recording date: 15th March 2024ATEX Resources (TSXV:ATX) is a Canadian exploration company focused on advancing the Valeriano copper-gold project in Chile. With a large, high-grade resource already delineated and recent drilling pointing to significant expansion potential, Valeriano is emerging as one of the most exciting new copper discoveries in recent years.The project boasts a resource of 1.4 billion pounds of copper at an average grade of 0.7%, including a higher-grade core, positioning it as one of the largest and highest-grade undeveloped copper projects globally. Importantly, recent drilling has intersected a continuous zone of high-grade \"early porphyry\" mineralization, demonstrating potential to substantially grow the resource.ATEX has already completed over 30,000m of drilling at Valeriano and is currently executing a fully funded 15,000-20,000m follow-up program aimed at expanding the resource and advancing the project to a Preliminary Economic Assessment (PEA). The company is targeting a multi-billion tonne resource with a higher-grade underground component, pointing to robust economics.Valeriano is situated in a well-established mining district in central Chile, benefitting from excellent access and infrastructure. The project is located adjacent to several major copper mines and development projects, highlighting the potential for consolidated infrastructure and operational synergies.ATEX is led by an experienced management team with a track record of exploration success and value creation. The company is well-funded, with approximately C$10M in cash and a strategic partnership with Glencore, providing access to additional capital and technical expertise as the project advances.The company's timing appears ideal, with the copper market...","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}