ATEX Provides Update on Resumption of Operations at Valeriano
ATEX Provides Update on Resumption of
Operations at Valeriano
Toronto, Ontario--(Newsfile Corp. - April 20, 2026) -
ATEX Resources Inc. (TSXV: ATX) (OTCQB:
ATXRF)
("
ATEX
" or the "
Company
") provides an update, further to its news release dated April 15,
2026, regarding a contractor fatality connected to the Valeriano Copper-Gold Project in the Atacama
Region of Chile (the "
Project
").
The Company confirms that, following a review by the appropriate Chilean authorities, the temporary
suspension of activities at the Project were lifted on April 16, 2026. ATEX has since completed its
operational readiness review and will commence a phased return to work beginning on Monday, April
20, 2026.
The Company took additional time, prior to restarting activities, to allow employees and contractors to
support one another and their local community. ATEX appreciates the understanding and cooperation of
its workforce and community partners.
ATEX's highest priority remains the health, safety and well-being of its employees, contractors and the
communities in which it operates. The Company has maintained enhanced support and counselling
services for personnel and contractors and has reinforced critical risk controls across logistics and
drilling activities. Field activities will be reintroduced in a measured and coordinated manner. The
Company will provide further updates as appropriate.
As previously disclosed on April 15, 2026, the incident involved a contractor transporting road
maintenance materials approximately 32 kilometres from the Valeriano Project. Activities at the Project
were temporarily suspended in accordance with local regulatory requirements while authorities
commenced their review. The Company again extends its deepest condolences to the family, friends
and colleagues of the deceased and acknowledges the support and efforts of employees, contractors
and first responders during this difficult time.
About ATEX
ATEX is exploring the Valeriano Copper-Gold Project which is located within the emerging copper gold
porphyry mineral belt linking the prolific El Indio High-Sulphidation Belt to the south with the Maricunga
Gold Porphyry Belt to the north, located in the Atacama Region, Chile. This emerging belt, informally
referred to as the Link Belt, hosts several copper gold porphyry deposits at various stages of
development.
For further information, please contact:
Chris Beer
Interim President and CEO
Email:
Aman Atwal
Vice President, Business Development and Investor Relations
Email:
Tel: +1 647-398-9405
www.atexresources.com
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" and "forward-looking statements" within the
meaning of applicable Canadian securities laws, including statements regarding the potential timing,
scope and manner of a phased restart of field activities and drilling; the status, timing and outcome of
regulatory reviews, the autopsy and accident investigation; the implementation and effectiveness of
additional safety measures; and the Company's ability to safely resume operations. Forward-looking
information is based on management's reasonable assumptions, estimates, expectations, analyses
and opinions in light of its experience and its perception of trends, current conditions and expected
developments, as well as other factors that management believes to be relevant and reasonable in
the circumstances. These forward-looking statements are inherently subject to known and unknown
risks, uncertainties and other factors that may cause actual results, performance or achievements to
be materially different from those expressed or implied, including risks related to ongoing
investigations and regulatory processes; changes in directives from Chilean authorities; availability of
personnel, contractors and equipment; health, safety and environmental risks; weather and access
conditions at high altitude; and other risks described in the Company's public disclosure record
available on SEDAR+. Readers are cautioned not to place undue reliance on forward-looking
information. The Company does not undertake to update any forward-looking statements, except in
accordance with applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for
the adequacy or accuracy of this release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/293315