NGEx Minerals (OTCPK:NGXX.F) 2025 Earnings Call Presentation

Lunahuasi Project Overview - Lunahuasi is a new major high-grade discovery in the Vicuña District, strategically positioned near other major deposits like Los Helados and Filo del Sol[19] - The project exhibits four distinct styles of mineralization, including high-sulphidation Cu-Au, intermediate-sulphidation Au, and porphyry Cu-Au, all unusually high-grade[40, 47] - Key drill results include Hole 2 with 60m at 752% CuEq, Hole 28 with 511m at 1384% CuEq, and Hole 32 with 274m at 2519% CuEq, demonstrating significant grade and scale[69] Exploration and Drilling - As of September 2025, NGEx Minerals has drilled 43250m in 50 holes at Lunahuasi, with all holes in the deposit area showing significant drill intersections[82] - The company is planning a Phase 4 drill program involving 25000m of drilling using 8 rigs, focusing on resource definition, step-out drilling, and exploration[81, 161] - Predictive discovery based on a well-understood geological model has been successful, leading to the discovery of multiple high-grade zones and bonanza-grade gold[109] Royalty Spin-Out - NGEx Minerals is creating a royalty spin-out, LunR Royalties Corp, which will hold a 1% NSR royalty on Lunahuasi and a 2% NSR royalty on Los Helados[182, 183] - NGEx will retain a 199% interest in LunR Royalties Corp, providing long-term exposure to Lunahuasi and Los Helados, as well as potential future financing for development[188, 189, 190] Long Term Vision - The long-term vision includes developing a comprehensive plan to explore, finance, and eventually build a new high-grade copper-gold-silver mine at Lunahuasi[204]