ATEX Resources

ATEX Resources (TSXV: ATX; OTCQB: ATXRF) hosts the Valeriano copper-gold project in Chile and is knocking on the door of joining the list of the top 10 undeveloped copper projects worldwide. Valeriano is adjacent to the El-Encierro deposit, operated by Antofagasta and in close proximity to other active projects in the area with ownership among Teck Resources, Newmont Mining, Lundin Mining and BHP.

The Company recently announced a Mineral Resource estimate, proving to be the largest copper discovery in Chile in over a decade with a combined 2 Bt of 0.78% CuEq. Building on the success of the Phase V exploration program, delivering the best drill results to date, ATEX has commenced Phase VI drilling focusing on new discoveries, defining the recently discovered high grade (+2% CuEq) breccia zone ("B2B") which is closer to surface, and further extending the high grade porphyry core and understanding the limits of the system which remains open in all directions with significant optionality and scalability.

Management Profile

Elijah Tyshynski, Chief Financial Officer

Over two decades of experience in International Capital Markets, across various continents and structures. Joined ATEX, following the sale of O3 Mining to Agnico Eagle in 2025. Also previously worked with Osisko Mining (acquired by Goldfields in 2024) and worked with other companies within the Osisko Group. Extensive capital markets and infrastructure financing experience including Senior Portfolio Manager at Ontario Teachers Pension Plan (Toronto, Canada), Head of Trading for the Standard Bank of South Africa (Johannesburg, South Africa), and VP of Emerging Market Trading for both Morgan Stanley and Royal Bank of Canada (London, England).

Aman Atwal, VP, Business Development and Investor Relations

Over a decade of Corporate Development and IR experience with senior public mining companies. Previously a Director, Corporate Development with Lundin Mining which included the acquisitions of the Caserones, Josemaria and Chapada assets. Previously held positions in Investor Relations at Barrick Gold and in Equity Research at Barclays. Holds a MBA, CFA, and LLM (Master of Laws).

What is your rationale for taking part in 121 Mining Investment?

Our goal behind our involvement in the 121 Mining Investment Conference is to promote ATEX Resources and for relationship development.

What recent news would you like to highlight to investors attending?

• October 1, 2025 - ATEX is Drilling with Six Rigs at Valeriano Targeting 25,000 Meters - First Phase VI Drill Hole Completed in B2B Zone
• September 23, 2025 - ATEX Acquires Strategic 14,550 Hectare Surface Rights Package
• September 23, 2025 - ATEX Reports Updated Mineral Resource Estimate of 475 Million Tonnes of 0.88% CuEq Indicated and 1.5 Billion Tonnes of 0.75% CuEq Inferred
• September 22, 2025 - ATEX Commences Trading on the OTCQB in the United States
• July 30, 2025 - ATEX Completes Phase V Program Ending in High-Grade B2B Mineralization – Strategic Objectives Achieved With Resource Update Expected in 2H 2025
• July 8, 2025 - ATEX Intersects 104 Metres of 1.06% CuEq Within 568 Metres of 0.86% CuEq, Extending High-Grade Porphyry Trend at Valeriano
• June 9, 2025 - ATEX Intersects 126 Metres of 2.04% CuEq Including 36 Metres of 3.05% CuEq Within a Broader Interval of 536 Metres of 1.04% CuEq at the B2B Zone
• June 2, 2025 - ATEX Resources Intersects 88 Metres of 1.03% CuEq Within 1,090 Metres of 0.81% CuEq Along High-Grade Porphyry Trend
• April 22, 2025 - ATEX Intersects 44 Metres of 1.00% CuEq Expanding B2B Zone Updip and Along Strike
• March 18, 2025 - ATEX Intersects 30 Metres of 4.40% CuEq in Highest-Grade Porphyry Intersection at Valeriano to Date
• February 24, 2025 - ATEX Extends High-Grade Porphyry Trend Intersecting 220 Metres of 1.00% CuEq Within Broader Intercept With Remaining Assays Still Pending
• January 23, 2025 - ATEX Drills New Record Intercept at Valeriano Hitting 152 Metres of 2.03% CuEq Within 342 Metres of 1.48% CuEq With Assays on Remainder of Hole Pending
• December 19, 2024 - ATEX Announces Early Achievement of 100% Ownership of the Valeriano Project
• December 11, 2024 - ATEX Announces Results of Second Metallurgical Program Further Demonstrating Outstanding Recoveries for Copper and Gold at Valeriano, Phase V Drill Program Underway with Fourth Rig Being Mobilized
• November 1, 2024 - ATEX Announces Closing of Strategic Investment by Agnico Eagle and Final Settlement of Credit Facility
• October 25, 2024 - ATEX Announces US$40 Million Strategic Investment by Agnico Eagleg

What are your key goals for the next 3, 6 and 12 months?

3 Months

Phase VI drill program

6 Months

Phase VI drill program

12 Months

Completion of Phase VI drill program, start Phase VII campaign

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Risks are typical of an exploration stage company, however ATEX operates in a stable mining jurisdiction with strong ESG practices and backed by long-term supportive shareholders.

What do you think makes your company such a compelling investment?

Valeriano has experienced rapid geological success in a short timeframe and the system remains open in all directions. It is 100% in Chile, lower altitude vs. peer projects in this region, clean metallurgy, high copper-gold recoveries, strong management team and board with extensive experience in South American exploration and discoveries. ATEX presents a compelling case for a meaningful upward stock re-rate as the project advances.

What are the top 3 key investor takeaways?

1. Still in the early innings, Valeriano already ranks among the largest copper-gold deposits with a high quality grade profile.

2. The limits of the system still remain unknown.

3. Valuation discount to peers presents an attractive entry point as ATEX continues to de-risk Valeriano and has brought on Agnico Eagle as its largest shareholder and delivered a world-class Mineral Resource update.