What is ATEX Resources?
ATEX Resources is a mineral exploration entity dedicated to the development of copper and gold assets within South America. The company's flagship property is the Valeriano project, situated in Chile's Atacama region. ATEX is actively engaged in expanding and delineating a substantial porphyry deposit at this site, aiming to bolster future metal supply through responsible exploration and strategic project advancement in emerging mining territories.
How much funding has ATEX Resources raised?
ATEX Resources has raised a total of $42.4M across 2 funding rounds:
Share Placement
$3.2M
Share Placement
$39.2M
Share Placement (2020): $3.2M with participation from Palisades Goldcorp Ltd
Share Placement (2024): $39.2M led by Agnico Eagle Mines
Key Investors in ATEX Resources
Agnico Eagle Mines
Agnico Eagle Mines is a prominent mining company with a long history, specializing in the exploration, development, and production of gold deposits.
Palisades Goldcorp Ltd
Palisades Goldcorp Ltd is an entity involved in the financial backing of resource-based companies.
What's next for ATEX Resources?
The recent major enterprise-level funding positions ATEX Resources for accelerated project development and resource definition at the Valeriano project. This strategic capital infusion is expected to facilitate further exploration activities, potentially leading to expanded resource estimates and de-risking the project for future development phases. The company's focus on responsible exploration in emerging mining districts suggests a long-term vision for sustainable growth and contribution to global metal supply chains.
See full ATEX Resources company page
