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ATEX Resources Reports Contractor Fatality

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ATEX Resources (TSXV: ATX / OTCQB: ATXRF) reported a contractor fatality on April 15, 2026, involving a worker transporting road maintenance materials to the Valeriano Copper-Gold Project in the Atacama Region of Chile.

The company said it is cooperating with local authorities, has temporarily suspended Project activities as required by local regulations, and is providing support to employees, contractors and the deceased's family while the investigation continues.

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Positive

  • Company cooperating with local authorities on the investigation
  • Support offered to employees, contractors and the victim's family

Negative

  • Contractor fatality occurred ~32 kilometres from Valeriano Project
  • Project activities temporarily suspended pending completion of the investigation

Toronto, Ontario--(Newsfile Corp. - April 15, 2026) - ATEX Resources Inc. (TSXV: ATX) (OTCQB: ATXRF) ("ATEX" or the "Company") regrets to report that, earlier today, a contractor transporting road maintenance materials to the Valeriano Copper-Gold Project (the "Project") suffered a fatal injury approximately 32 kilometres from the Project, located in the Atacama Region of Chile.

The Company has been working with local authorities in Chile to investigate the incident.

Chris Beer, Interim President & CEO of ATEX, stated: "We are profoundly saddened by this tragic incident and offer our heartfelt condolences and support to our colleague's family, friends and team members during this difficult time. The health, safety and well-being of our entire team, employees and contractors remains our highest priority."

The Company is working closely with employees and contractors to provide support during this difficult time.

As required by local regulations, activities at the Project have been temporarily suspended pending completion of the investigation.

The Company will provide further information in due course, as appropriate.

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 including, Filo del Sol (Lundin Mining/BHP), Josemaria (Lundin Mining/BHP), Lunahausi (NGEx Minerals), La Fortuna (Teck Resources/Newmont) and El Encierro (Antofagasta/Barrick).

For further information, please contact:

Chris Beer,
Interim President and CEO
Email: cbeer@atexresources.com

Aman Atwal,
Vice President, Business Development and Investor Relations
Email: aatwal@atexresources.com

1-647-398-9405
or visit ATEX's website at www.atexresources.com.

Neither TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) 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/292832

FAQ

What happened at ATEX Resources (ATXRF) on April 15, 2026?

A contractor died while transporting road maintenance materials near the Valeriano Project. According to the company, the fatal injury occurred about 32 kilometres from the Project and prompted an immediate investigation with local authorities.

Has ATEX (ATXRF) suspended operations at the Valeriano Copper-Gold Project?

Yes — the company has temporarily suspended project activities pending investigation. According to the company, the suspension is required by local regulations while authorities review the incident and determine next steps.

Is ATEX (ATXRF) cooperating with Chilean authorities after the fatality?

Yes — ATEX is working with local authorities to investigate the incident. According to the company, it is providing information to investigators and supporting employees and contractors during the inquiry.

What support is ATEX (ATXRF) providing after the contractor fatality?

ATEX is offering condolences and support to the deceased's family, employees and contractors. According to the company, it is providing assistance and resources to affected team members during this difficult time.

Will ATEX (ATXRF) provide more updates about the Valeriano Project incident?

The company said it will provide further information in due course as appropriate. According to the company, additional updates will follow once the investigation and necessary regulatory steps are completed.