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NGEx Minerals Inc.

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Summary

Project:

Constellation

Deposit:Los Helados
Location:Argentina
Commodities:Copper-Gold-Silver
Date:8/16/2019
Report Code:NI43-101
Report Type:Supporting Acquisition
Project Stage:Pursuing Resource Increase/Upgrade
Report details:16-8-2019: NGEx Minerals Inc. announces a Supporting Acquisition report for its Los Helados deposit at the Constellation project. Summary of property in support of acquisition. This independent NI 43-101 Technical Report (the “Report”) was prepared in con
Resources:(Resource): 2099Mt @ 0.48% CuEq. (Ind.) and 827Mt @ 0.39% CuEq. (Inf.)
CP/QP:[Overall Report]: Fionnuala Anna Marie Devine (Merlin Geosciences Inc.)
ABSTRACT:This independent NI 43-101 Technical Report (the “Report”) was prepared in connection with a Plan of Arrangement (the “Transaction”), whereby NGEx Minerals Ltd. acquired from NGEx Resources Inc. (“NGEx”) its interest in the Los Helados Project and NGEx distributed the NGEx Minerals Ltd. shares to the NGEx shareholders at the effective time of the Transaction. Following completion of the Transaction, NGEx Minerals Ltd. now controls the Los Helados Project. Subsequent to completion of the Transaction, NGEx Minerals Ltd. applied for listing on the TSXV. This report was prepared in support of the listing application. Sources of information used in this report include previous technical reports and internal company reports on the project and original work by the report authors. The consultants who are responsible for this Report are Ms. Fionnuala Devine, Mr. Gino Zandonai and Mr. Giovanni Di Prisco, all of whom are independent of the Company.

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