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2015-12-16

NGEx Files Technical Report Updating the Mineral Resource Estimate for the Filo del Sol Project

NGEx Resources Inc
Börsmeddelande

NGEx Files Technical Report Updating the Mineral Resource Estimate for the Filo
del Sol Project

VANCOUVER, BRITISH COLUMBIA December 15, 2015: NGEx Resources Inc. (TSX: NGQ,
Nasdaq Stockholm: NGQ) ("NGEx" or the “Company”) announces that a National
Instrument 43-101 (“NI 43-101”) Technical Report (the “Technical Report”),
updating the Mineral Resource estimate for the Company’s Filo del Sol Project
has been completed and filed on SEDAR. The updated Mineral Resource estimate
for Filo del Sol was announced in the Company’s news release dated November 23,
2015.

The Technical Report titled "Updated Mineral Resource Estimate for the Filo del
Sol Property, Region III of Atacama, Chile and San Juan Province, Argentina"
dated December 11, 2015 with an effective date of August 26, 2015, was prepared
by Fionnuala Devine, M. Sc., P.Geo., of Merlin Geosciences Inc., Diego
Charchaflié, M. Sc., P.Geo. of LPF Consulting SRL, and James N. Gray, P.Geo. of
Advantage Geoservices Ltd., all of whom are Qualified Persons as defined by
NI-43-101 and are independent of the Company. The Technical Report is
available for review under the Company’s profile on SEDAR (www.sedar.com) and
on the Company’s website (www.ngexresources.com).

About NGEx

NGEx is a Canadian mineral exploration company with exploration projects in
Chile and Argentina. The Company’s shares are listed on the Toronto Stock
Exchange and on NASDAQ Stockholm under the symbol “NGQ”. The Company’s focus
is on three advanced exploration stage copper-gold systems located on a
contiguous land package that the Company holds in Chile's Region III and
adjacent San Juan Province, Argentina. Los Helados is part of a joint venture
in which the Company holds 60% and Pan Pacific Copper Co., Ltd. holds 40%.
Josemaria is part of a joint venture in which the Company holds 60% and Japan
Oil, Gas, and Metals National Corporation (JOGMEC) owns 40%. NGEx holds a 100%
interest in the Filo del Sol Project. In addition to these more advanced
projects the Company holds a portfolio of 100% owned early stage exploration
projects located in Chile and Argentina.

Additional Information

The information in this release is subject to the disclosure requirements of
NGEx Resources under the Swedish Securities Market Act and/or the Swedish
Financial Instruments Trading Act. This information was publicly communicated
on December 15, 2015 at 8:00pm Eastern Time.

On behalf of the board

Wojtek Wodzicki

President and CEO

For further information, please contact: Sophia Shane, Corporate
Development (604) 689-7842.

Författare SSE

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