Core Viewpoint - Sendero Resources Corp. is highlighting the geological characteristics of its Peñas Negras Project in Argentina, which align with large-scale magmatic-hydrothermal systems found in the Vicuña Copper-Gold Belt, indicating significant exploration potential [1][21]. Geological Characteristics - The Peñas Negras Project is situated within the Miocene Andean magmatic arc, known for its metal-fertile intrusive activity and large hydrothermal footprints typical of world-class geological environments [3][20]. - The project exhibits features consistent with a large-scale mineralizing system rather than an isolated prospect, including widespread hydrothermal alteration and multiple intrusive phases [4][5]. System Comparison - Peñas Negras shares geological characteristics with major deposits in the Vicuña Belt, such as Miocene age magmatism, Andean arc setting, and porphyry-style alteration [5][20]. - The project shows early-stage porphyry architecture indicators and a broad alteration footprint, suggesting potential for significant mineralization [5][6]. Historical Exploration and Drilling Results - Historical exploration has involved approximately 15,875 meters of drilling across 80 holes, revealing significant copper and gold mineralization extending to depth [8][12]. - Notable drill results include: - Hole PNDH-001: 226 meters grading 0.22 g/t AuEq from surface - Hole PNDH-003: 256 meters grading 0.53 g/t AuEq from 84 meters - Hole PNDH-006: 364.2 meters grading 0.51 g/t AuEq from 33.8 meters [11]. Exploration Strategy - The company's exploration strategy focuses on testing the ENE-trending Mogotes fault, with a fully funded drill program planned to advance the area of interest and define structural traps and extended mineralization [15][20]. - The program aims to delineate Cu–Au and associated pathfinder element anomalies and alteration patterns across the property [15]. Strategic Positioning - Sendero Resources controls a strategic structural corridor within the Vicuña Belt, which is recognized as a significant emerging copper-gold district globally [21][22]. - The Peñas Negras Project is positioned approximately 18 km southeast of the Caserones mine and near other significant projects, enhancing its exploration potential [22].

Core Insights - IDEX Metals Corp. has discovered a second mineralized breccia body, the North Breccia, located 700 meters north of the Kismet Breccia Complex, along with a new gold-bearing zone, the Frostfall Zone, approximately 950 meters further north, indicating a potentially large magmatic-hydrothermal system at the Freeze Property [1][2][3] Exploration Zones - A total of 323 rock and 1,986 soil samples have been collected on the Freeze Property, revealing a metallogenic zonation with a copper-molybdenum system in the south/central section and a copper-gold system emerging in the northern area [2] - The North Breccia exhibits malachite and chalcopyrite mineralization in porphyritic granodiorite, expanding the mineralized footprint [3][4] - The Frostfall Zone returned a sample of up to 2.91 g/t Au, indicating a new structural gold trend north of Placer Creek [3][6] - The ongoing geophysical surveys, including MT, IP, and ELF, are aimed at further defining the mineralization potential and guiding future drilling [3][19] Geophysical Survey Insights - The 2025 MT survey has highlighted NW-SE resistivity trends linking Kismet, North Breccia, and Frostfall, outlining a connected intrusive-hydrothermal corridor along Hornet Creek [3][10] - The MT data indicates the presence of large anomalies across the Freeze Property, correlating with known intrusives and mineralization zones [10][14] Next Steps and Catalysts - The company is advancing its drilling program with KSMT25004 and KSMT25005, which are currently being processed for results, and further exploration field results are expected [20][31] - The planned ELF survey will complement the ongoing IP survey to map additional conductive features across the Freeze Property, enhancing exploration targeting [19][20] Corporate Developments - IDEX has entered into consulting agreements with Capital Analytica and Think Ink to enhance marketing and public relations efforts, with a total cash fee of $270,000 and stock options granted [21][27] - The company announced the resignation of Sharyn Alexander as Vice President of Corporate Development [29]