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Adex Mining Inc V.ADE

Alternate Symbol(s):  ADXDF

Adex Mining Inc. is a Canadian junior mining company. The Company is focused on developing its flagship Mount Pleasant Mine Property, a multi-metal project that is host to promising tungsten-molybdenum and tin-indium-zinc mineralization. The Company holds 100% of the subsurface mineral rights to approximately 1,600 hectares encompassing the Mount Pleasant mine area of New Brunswick, Canada approximately 60 km south of Fredericton approximately 100 km northwest of deep seaport facilities located at Saint John. The Company, through its subsidiary, Adex Minerals Corp., holds claims under Prospecting License 14338. Within the mineral rights area, the Company owns approximately 405 hectares of land. Also, within the mineral rights area there are two distinct poly-metallic mineral deposits, the Fire Tower Zone (FTZ) and the North Zone (NZ). The principal metals include tungsten and molybdenum in the FTZ and tin, indium and zinc in the NZ.


TSXV:ADE - Post by User

Bullboard Posts
Post by pecorinaon Nov 12, 2007 4:27pm
262 Views
Post# 13795018

ADE was dormant for a while...

ADE was dormant for a while...and delisted. Anyone who can comment on the history of this company? Reasons for delisting at that time etc etc.. Please do not place me into he basher camp. Why do I raise these questions BEFORE I consider investment, I was familiar wit the Mt Peasant property at a time it was held by MPL (mount Pleasant Mines which was run by Charlie Farnmham operating out of the Bache office on King East); the Beauchemins of Sullivan took a stake in the property and got nowhere. I believe Rio Tinto subsequently took a crack at the metallurgy - lots of fancy metals here but metallurgy and market prices for metals let if fall asleep Anyone comments as to the metallurgical prowess of current owners would be appreciated; ADE is potenailly interesting but DD is needed here Cheers Tina
Bullboard Posts