NGEx Minerals Ltd. Announces Major Discovery and Sustainability Efforts

Toronto, May 22, 2025 — NGEx Minerals Ltd., a Vancouver-based mining exploration company listed on the Toronto Stock Exchange, has recently made headlines with significant developments in its operations. The company, which specializes in uncovering and defining mineral resources such as copper and gold, has announced the discovery of a major copper-gold porphyry system at its Lunahuasi project in San Juan, Argentina.

Discovery at Lunahuasi

On May 21, 2025, NGEx Minerals revealed the discovery of a substantial copper-gold porphyry system at its 100% owned Lunahuasi high-grade copper-gold-silver project. The company reported drilling 1,619.4 meters at an average of 0.87% copper equivalent (CuEq), including a notable 876.4 meters at 1.13% CuEq. This discovery has been met with enthusiasm from investors, leading to a significant jump in NGEx shares.

The announcement was covered by multiple financial news outlets, including Mining Weekly, The Deep Dive, Stock Watch, Bay Street, and others, highlighting the potential impact of this discovery on the company’s future prospects.

Market Context

The announcement came amidst a challenging market environment. On the same day, equities in Canada’s largest center experienced major losses, with the TSX Composite Index dropping 216.46 points from its all-time high. Investors were awaiting the outcome of a crucial debate on a sweeping U.S. tax bill and further trade developments, contributing to the market volatility.

Sustainability Efforts

In addition to the discovery, NGEx Minerals has been proactive in its sustainability initiatives. On May 20, 2025, the company released its 2024 Sustainability Summary, which outlines its ongoing efforts to integrate sustainability into its business practices. This commitment to sustainability is part of NGEx’s broader strategy to ensure responsible and environmentally conscious operations.

Company Overview

NGEx Minerals Ltd. is a mining exploration company with a focus on copper and gold deposits. The company serves clients globally and is listed on the TSX Venture Exchange. As of May 15, 2025, NGEx’s close price was CAD 12.02, with a market capitalization of CAD 2.48 billion. Despite a negative price-to-earnings ratio of -30.6, the recent discovery at Lunahuasi has positively influenced investor sentiment.

For more information about NGEx Minerals Ltd. and its operations, visit their website at www.ngexminerals.com .

This article provides a concise overview of the recent developments at NGEx Minerals Ltd., focusing on the major discovery at Lunahuasi and the company’s sustainability efforts, while also considering the broader market context.