ATEX Resources : Valeriano Project Update - July 2025

ATX.V

Published on 07/08/2025 at 10:59

VALERIANO COPPER-GOLD PROJECT

A New Giant High-Grade Discovery in Chile

July 2025 TSXV: ATX

A Large Scale, High-Grade Copper-Gold Project

Significant and growing Mineral Resource with 2023 Inferred Resource of 1.41 billion tonnes of Cu-Au grading 0.67% CuEq1

Phase V (~16,600m) drill program delivering the highest-grades to date, supporting a meaningful Mineral Resource update in H2 2025

High grade breccias "B2B Zone" holes ATXD23A and ATXD26 grading over 2% CuEq1

support a high-grade underground starter mine closer to surface

Strong recoveries of up to 95% Cu / 97% Au at a coarser grind, producing a clean marketable concentrate

Mineralization open in all directions and at depth; drilled over 1.4 km strike and is 1 km wide; limits of system are unknown

100% in Chile, district still largely untested with strong potential for additional nearby

porphyry discoveries

Agnico Eagle Mines is a strategic partner investing C$55 million

1. Refer to supplementary slides at the end of the presentation for additional details.

VALERIANO COPPER-GOLD PROJECT: A New Giant High-Grade Discovery in Chile

TSXV: ATX 3

Valeriano is Located on the Porphyry Superhighway

Copiapó

Lundin / JX Metals

ATEX owns a 100% of the Valeriano Project

PERU

CASERONES

NGEx

NGEx

VICUÑA

Located in the Huasco Province within the

Atacama Region of northern Chile

SOUTHERN PERU

Huasco

Vallenar

Teck / Newmont

RELINCHO

LUNAHUASI

LOS HELADOS

Lundin / BHP

JOSEMARIA

Future of Chilean mining projects is collaboration

CHILE

BOLIVIA

Fuerte Metals

EL COFRE

Fuerte Metals

CERRO PLACETON

Lundin / BHP

FILO DEL SOL

NUEVA-

and strategic alliances:

Codelco and Anglo American 50/50 JV to operate Andina and Los Bronces

BHP and Lundin Vicuña District JV

Codelco 10% stake in Teck's Quebrada Blanca mine

Collahausi, Escondida, Los Pelambres operate under a consortium model

COLLAHUASI

Hot Chili

COSTA FUEGO

Huasco

Hot Chili

CORTADERA

Teck / Newmont

LA FORTUNA / EL MORRO

UNIÓN

(Anglo / Glencore / Japanese consortium)

CHUQUICAMATA

DOS AMIGOS

Barrick

PACHUY CHOLLAY

Barrick

EL ENCIERRO

VALERIANO

Orvana

TAGUAS

Easy Access

201 km by road SE of the Port of Huasco

346 km by road NE of the Port of La Serena

ESCONDIDA

INSET

(BHP / Rio / JECO)

LOS PELAMBRES

(Antofagasta / Japanese

consortium)

EL TENIENTE

(Codelco)

VICUÑA

EL ENCIERRO

VALERIANO

ANDINA (Codelco)

LOS BRONCES

(Anglo / Codelco /

La Serena

Teck

ANDACOLLO

Elqui

PASCUA LAMA

Barrick

VELADERO

EL INDIO

Antofagasta's El Encierro project indicates the potential for a larger porphyry cluster

230 km by road from Copiapo

(Codelco)

CHILE

Mitsui / Mitsubishi) ARGENTINA

Mine

Emerging District

Advanced Exploration

Copper District

Exploration

VALERIANO COPPER-GOLD PROJECT: A New Giant High-Grade Discovery in Chile TSXV: ATX 4

Valeriano is High-Grade and Growing

152m of

2.12 % CuEq

1,220m of

0.91% CuEq

30m of

4.40% CuEq

High-Grade Breccias (B2B)

Continuous Mineralized Intervals

High-Grade Porphyry

1. Refer to supplementary slides at the end of the presentation for additional details. ATXD23A intersected 1,220m of 0.91% CuEq, including 152m of 2.12% CuEq; ATXD25A intersected 30m of 4.40% CuEq.

VALERIANO COPPER-GOLD PROJECT: A New Giant High-Grade Discovery in Chile TSXV: ATX 5

Disclaimer

ATEX Resources Inc. published this content on July 08, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 08, 2025 at 14:58 UTC.