CopperEx Resources Corp. provides a property upside video update on the Kio Buggy and La Rica properties. The video link is available in the following link: https://youtu.be/oxdnA_GhzaY Dave Prins, President & CEO of CopperEx stated, "We are pleased to provide shareholders and potential investors an update on the exciting CopperEx property package. Our primary focus will be on the Kio Buggy property located in northern [...]
CopperEx Resources Corp. announces a "best efforts" private placement for aggregate gross proceeds of C$1.5 million through the sale of up to 26,666,667 units of the Company at a price of $0.05625 per Unit. Each Unit will be comprised of one common share and one full common share purchase warrant of the Company . Each Warrant shall be exercisable to acquire one common share of the Company for a period of 24 months from [...]
CopperEx Resources Corp. announces that the Company has formalized an access agreement for the Kio Buggy property with the local community. CopperEx has signed an access agreement with the local Kio Buggy property community, allowing access for surface exploration works up to the 30th of June 2026. The agreement is automatically extended by two years should the Company undertake drilling activities prior to the 30th of [...]
CopperEx Resources Corp. announces that it has cancelled 1,250,327 options to purchase shares of the Company held by directors, officers and consultants with the consent of the holders. The Company also advises that its efforts to secure funding under the loan agreement with an arm's length private lender in connection with a US$12.5 million unsecured loan originally announced in the press release dated October 14, 2024 [...]
CopperEx Resources Corp. announces that it has terminated its option over the Exploradora Norte property. The Company had an option to acquire a 65% ownership interest with a preferred option to earn an additional 35%. While the Company was pleased with its exploration success at Exploradora Norte, the Company determined that additional work and significant remaining expenditures would be required in order to confirm a [...]
CopperEx Resources Corp. announces that is has granted an aggregate of 272,500 options to directors and offices of the Company with such Options being exercisable at an exercise price of Cdn$0.27 per common share for a period of five years ending November 9, 2029. The Options will vest over a period of 18 months with one-third vesting on May 9, 2025, one-third on November 9, 2025 and one-third on May 9, 2026. The grant of [...]
CopperEx Resources Corp. is pleased to announce that it has closed its non-brokered private placement financing previously announced on October 14, 2024 . The Company raised an aggregate of $545,000 with the issuance of 2,725,000 units . Each Unit was issued at a price per Unit of $0.20 and is comprised of one common share in the capital of the Company and one-half of one Common Share purchase warrant. Each whole warrant [...]
CopperEx Resources Corp. announces that it has entered into a loan agreement with an arm's length private lender in connection with a US$12.5 million unsecured loan on favourable terms to advance its portfolio of mineral projects in Chile and Peru. The Loan will have a term of ten years and will accrue interest at a rate of 3.5% per annum. No interest will accrue or is to be paid during the first two years, and for the [...]
40.00 meters of 0.26 g/t Gold from 62.50-102.50 meters in ADLP Trench AT-19 East including: 5.00 meters of 1.06 g/t Gold 30.00 meters of 0.30 g/t Gold from 212.50 to 242.40 meters ADLP Trench AT-19 including: 17.00 meters of 0.38 g/t Gold And 5.00 meters of 1.00 g/t Gold 47.50 meters of 0.20 g/t Gold from 42.50-90.00 meters in Sorpresa Trench ST-10 including: 15.00 meters of 0.46 g/t Gold 7.50 meters of 0.50 g/t Gold [...]
CopperEx Resources Corp. today announced the commencement of a focused geological field exploration program in preparation for Phase II Drilling on the ADLP and Sopresa Targets at the Company's flagship Exploradora Norte Project, Northern Chile. CopperEx plans to execute a three-week field work program with the exploration team having already mobilized on-site and commencing work on June 08, 2024. The field work program [...]
114 meters of 0.95 g/t Gold from 4-118 meters in RC hole A-RC-02 including: 70 meters of 1.27 g/t Gold And 30 meters of 1.63 g/t Gold And 12 meters of 2.45 g/t Gold 240 meters of 0.31 g/t Gold from surface to 240 meters in RC hole A-RC-03 including: 174 meters of 0.39 g/t Gold And 24 meters of 0.65 g/t Gold And 72 meters of 0.43 g/t Gold 58.00 meters of 0.74 g/t Gold from 68-126 meters in RC hole S-RC-01 including: 54 [...]
CopperEx Resources Corp. today announced the completion of the inaugural drill campaign at the Company's flagship Exploradora Norte Project, Northern Chile. CopperEx executed a total of eight drill holes totaling 1,279 meters of drilling centered on the Franja del Oro target, part of an approximately 15-kilometer-long gold enrichment zone located in the northwestern part of the 23 by 13-kilometer Exploradora Norte [...]