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Adex Mining Inc V.ADE

Alternate Symbol(s):  ADXDF

Metals & Mining Industrial Metals & Minerals
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

Adex Mining Inc
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Comment by pecorinaon Nov 21, 2007 4:38pm
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Post# 13847139

RE: ADE was dormant for a while...

RE: ADE was dormant for a while...the fact that a former minister is on board does not, IMO, automatically assure of the succes of the project. Just look at what we have in this country as past Prime Minster(s).. and the competence of the present clowns in power.. deep-pocketed Billiton most likely abandoned the project due to both low metal prices but more importantly due to the tricky metallurgy in this multi-mineral deposit. Metal prices today are not the issue. Would be happy to hear from knowledge readers as to what has changed to justify the optimism on the tricky metallurgy of Mt Pleasant...recovery rates of 39 - 48 % dont lick it IMO.....anyone??. Ciao Tina
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Dealroom for high-potential pre-IPO opportunities