NGEx Secures Environmental Nod for Lunahuasi Exploration Adit
Event summary
- NGEx Minerals received environmental approval for an exploration adit at its Lunahuasi project in Argentina's San Juan Province on March 9, 2026.
- The approval enables underground evaluation and enhancement of geological understanding of the highest-grade copper-gold-silver deposit in the Vicuña District.
- NGEx targets Q4 2026 to start underground development, subject to remaining permits.
- Underground access will facilitate year-round drilling, metallurgical sampling, and geotechnical assessment.
The big picture
This approval marks a critical step in advancing one of the highest-grade copper-gold-silver deposits in a district that includes major mines like Caserones. The swift permitting process reflects Argentina's commitment to responsible mineral development, positioning Lunahuasi as a potential key player in the region's mining landscape. NGEx's ability to leverage this approval will be crucial in determining the project's long-term viability and economic impact.
What we're watching
- Permitting Pace
- Whether NGEx can secure remaining permits on schedule to meet its Q4 2026 underground development target.
- Geological Insights
- How underground access will enhance the company's understanding of the Lunahuasi deposit's size, grade distribution, and potential.
- Regulatory Relationships
- The strength of NGEx's working relationship with San Juan provincial authorities as it advances the project.
Our editorial coverage:
Related topics