NGEx Minerals Earnings Call Transcripts
Fiscal Year 2026
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The advancing Vicuña district, Lunahuasi's open-ended exploration potential and planned underground access anchor near-term priorities. A potential Los Helados development agreement and the Valiente spin-out offer additional value paths.
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Lunahuasi’s resource base and geological understanding have grown, with a new underground adit set to accelerate drilling and resource definition. Los Helados gains strategic value with a new partner, while the Valiente spin-out will unlock further exploration upside. Shareholders will receive Valiente shares.
Fiscal Year 2025
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Lunahuasi is advancing as a globally unique, high-grade copper-gold project with a staged resource strategy, ongoing drilling, and a focus on standalone development. A royalty spin-out will provide shareholders with exposure to future cash flows and growth, while management pursues organic value creation and maintains flexibility for M&A. The district remains open for significant new discoveries.