Company Overview

NGEx Minerals Ltd. is a Canada-based mineral exploration company focused on the discovery, evaluation, and advancement of large-scale copper and gold deposits in South America. The company operates primarily in the mining and natural resources sector, with a strategic emphasis on high-grade copper-gold-silver systems that could support long-life mining operations. NGEx Minerals is publicly listed on the Toronto Stock Exchange under the symbol NGEX and is associated with the broader Lundin Group of mining companies. Its principal value drivers are exploration success, resource expansion, and the advancement of development-stage mineral assets.

The company’s core assets are located in the Vicuña mining district along the border of Argentina and Chile, including the Lunahuasi Project and interests associated with the Los Helados Project. NGEx Minerals evolved from prior Lundin Group restructuring and exploration initiatives focused on consolidating and advancing copper-gold exploration properties in the Andes region. Its strategic positioning is supported by access to prospective geological belts, technical expertise in porphyry and epithermal systems, and operational experience in high-altitude exploration environments.

Business Operations

NGEx Minerals operates as a mineral exploration and project development company rather than a producing mining company. Its activities are centered on exploration drilling, geological analysis, resource delineation, environmental studies, and technical assessments. The company generates value primarily through the advancement of mineral resources and the potential future development, partnership, or monetization of its exploration assets. The principal operational focus is on the Lunahuasi high-grade copper-gold-silver discovery in Argentina and the Los Helados copper-gold project in Chile.

The company’s operations are concentrated in the Andes region of South America, with exploration programs managed through local subsidiaries and regional operating teams. NGEx Minerals leverages advanced geological modeling, geophysical surveying, and deep drilling programs to evaluate large-scale mineral systems. The company has historically maintained strategic relationships within the Lundin Group ecosystem and operates in proximity to several major mining developments and infrastructure corridors in the Vicuña district, an area increasingly recognized as an important emerging copper region.

Strategic Position & Investments

NGEx Minerals’ strategic direction is focused on expanding and upgrading mineral resources through aggressive exploration programs and technical evaluation. The company has prioritized high-impact drilling campaigns at Lunahuasi, where exploration results have indicated significant high-grade mineralization. NGEx Minerals also continues to advance the Los Helados Project, which represents a large-scale copper-gold deposit with long-term development potential. Its strategy is aligned with increasing global demand for copper driven by electrification, energy infrastructure, and renewable energy systems.

The company’s investment profile is concentrated on exploration expenditures, geological interpretation, infrastructure access, and resource expansion activities in the Vicuña district. NGEx Minerals benefits from the technical and financial influence associated with the Lundin Group’s broader mining network. The company is involved in emerging copper supply development, particularly in jurisdictions viewed as strategically important to future global copper production. Data regarding future development structures or definitive mine construction plans remains subject to ongoing technical studies and regulatory processes.

Geographic Footprint

NGEx Minerals is headquartered in Canada, with operational activities concentrated in Argentina and Chile. Its primary exploration assets are located in the Andean Vicuña district, a major copper-gold exploration region spanning portions of both countries. The company’s projects are situated in high-altitude mining corridors known for significant undeveloped copper resources and proximity to existing mining infrastructure.

The company’s market presence is primarily tied to the North American capital markets through its Toronto Stock Exchange listing, while its operational influence is concentrated in South America. NGEx Minerals participates in one of the world’s most active copper exploration regions, where international mining companies and investors have increased activity due to long-term copper demand expectations and resource scarcity concerns in established producing regions.

Leadership & Governance

NGEx Minerals is part of the broader Lundin mining ecosystem, which has historically emphasized entrepreneurial exploration, decentralized operating expertise, and long-term resource development. The company’s leadership strategy has focused on advancing technically significant discoveries while maintaining exploration flexibility and disciplined capital allocation. Governance and operational oversight are supported by executives and directors with experience in international mining exploration and project development.

Key executives and leadership personnel include:

• Wojtek Wodzicki – President and Chief Executive Officer
• Chris Heald – Chief Financial Officer
• Hans X. Lundin – Director
• David Farrell – Vice President, Exploration
• Neil O’Brien – Director

Leadership composition and titles are based on publicly available company disclosures and regulatory filings. Certain governance or committee assignments may change over time based on corporate filings and annual shareholder updates.