{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"ATEX Resources (TSXV:ATX) - Slated Growth with New Strategic Major Investment on Large Copper Asset","html":"","width":"100%","height":180,"duration":735,"description":"Interview with Ben Pullinger, President & CEO of ATEX Resources Inc.Our previous interview: https://www.cruxinvestor.com/posts/atex-resources-tsxvatx-advancing-large-scale-copper-gold-project-in-chiles-atacama-desert-5956Recording date: 15th November 2024ATEX Resources, a copper exploration company with projects in Chile, is well-positioned for significant growth and value creation following a strategic investment from major global miner Agnico Eagle. Agnico has acquired a 13% stake in ATEX with an option to increase its ownership to 20%, providing a strong endorsement of ATEX's projects, team and long-term potential.ATEX's flagship asset is the Valeriano copper-gold project, which CEO Ben Pullinger, believes could host over 10 million ounces of gold in addition to its large copper resource. With Agnico's backing, ATEX now has the financial strength to aggressively advance Valeriano through expanded drilling and technical studies. The company is currently operating two drill rigs and aims to have five turning by year-end as it works to deliver an updated resource estimate in mid-2025.Recent drilling has returned some of the highest-grade intercepts to date at Valeriano, including 112m at 1.5% CuEq, demonstrating the potential for higher-grade zones within the deposit. ATEX is also conducting a metallurgical testwork program that will provide valuable data for project optimization and economic studies.Agnico's involvement brings significant technical expertise to the project. As one of the world's top underground miners, Agnico can provide valuable input to guide exploration, resource delineation, and mine planning as Valeriano advances. This partnership aligns with Agnico's strategy of investing in established mining camps with potential for major, long-life assets - criteria that Valeriano clearly meets.For ATEX shareholders, the Agnico investment is a major de-risking event that validates the company's assets and strategy. It alleviates funding pressure and...","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}