
Stage of Development: Exploration
Commodity: Copper, Gold
Country/Region: Chile
Website: ATEX Resources
ATEX Resources (TSXV: ATX; OTCQB: ATXRF) hosts the Valeriano copper-gold project in Chile and is knocking on the door of joining the list of the top 10 undeveloped copper projects worldwide. Valeriano is adjacent to the El-Encierro deposit, operated by Antofagasta and in close proximity to other active projects in the area with ownership among Teck Resources, Newmont Mining, Lundin Mining and BHP.
The Company recently announced a Mineral Resource estimate, proving to be the largest copper discovery in Chile in over a decade with a combined 2 Bt of 0.78% CuEq. Building on the success of the Phase V exploration program, delivering the best drill results to date, ATEX has commenced Phase VI drilling focusing on new discoveries, defining the recently discovered high grade (+2% CuEq) breccia zone ("B2B") which is closer to surface, and further extending the high grade porphyry core and understanding the limits of the system which remains open in all directions with significant optionality and scalability.
Management Profile
Elijah Tyshynski, Chief Financial Officer
Over two decades of experience in International Capital Markets, across various continents and structures. Joined ATEX, following the sale of O3 Mining to Agnico Eagle in 2025. Also previously worked with Osisko Mining (acquired by Goldfields in 2024) and worked with other companies within the Osisko Group. Extensive capital markets and infrastructure financing experience including Senior Portfolio Manager at Ontario Teachers Pension Plan (Toronto, Canada), Head of Trading for the Standard Bank of South Africa (Johannesburg, South Africa), and VP of Emerging Market Trading for both Morgan Stanley and Royal Bank of Canada (London, England).
Aman Atwal, VP, Business Development and Investor Relations
Over a decade of Corporate Development and IR experience with senior public mining companies. Previously a Director, Corporate Development with Lundin Mining which included the acquisitions of the Caserones, Josemaria and Chapada assets. Previously held positions in Investor Relations at Barrick Gold and in Equity Research at Barclays. Holds a MBA, CFA, and LLM (Master of Laws).
What is your rationale for taking part in 121 Mining Investment?
Our goal behind our involvement in the 121 Mining Investment Conference is to promote ATEX Resources and for relationship development.
What recent news would you like to highlight to investors attending?
What are your key goals for the next 3, 6 and 12 months?
3 Months
Phase VI drill program
6 Months
Phase VI drill program
12 Months
Completion of Phase VI drill program, start Phase VII campaign
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Risks are typical of an exploration stage company, however ATEX operates in a stable mining jurisdiction with strong ESG practices and backed by long-term supportive shareholders.
What do you think makes your company such a compelling investment?
Valeriano has experienced rapid geological success in a short timeframe and the system remains open in all directions. It is 100% in Chile, lower altitude vs. peer projects in this region, clean metallurgy, high copper-gold recoveries, strong management team and board with extensive experience in South American exploration and discoveries. ATEX presents a compelling case for a meaningful upward stock re-rate as the project advances.
What are the top 3 key investor takeaways?