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Metalex Ventures Ltd V.MTX

Alternate Symbol(s):  MXTLF

Metalex Ventures Ltd. is a Canada-based company engaged in the acquisition, exploration and development of mineral properties. The Company’s principal projects are located in Quebec and northern Ontario (U2), Canada. Its overseas projects are located in South Africa, Morocco and Mali. Its projects include Wemindji James Bay Property, Kyle Lake Property, Viljoenshof Diamond Project and James Bay Lowlands Property. It has a 100% earned interest in mineral claims located in the Kyle Lake area of Ontario, located approximately 200 kilometers (km) west of James Bay in Northern Ontario and about 80 km west of De Beers’ Victor Mine. It also has an interest in various mineral claims located in the Wemindji James Bay region of Quebec, Canada. It has an interest in certain claims located in the James Bay lowlands area of Northeastern Ontario, which covers approximately 36 square kilometers (8,944 acres) of ground. It has a 70 % interest in the Viljoenshof Diamond Project in South Africa.


TSXV:MTX - Post by User

Bullboard Posts
Post by piper10on Sep 02, 2006 1:31am
307 Views
Post# 11310015

Kyle Lake Issues Aid

Kyle Lake Issues AidA possible aid to resolving the current Kyle Lake issues. Released on Monday, was a new educational tool, The Mining Information Kit for Aboriginal Communities, which will “inform Aboriginal communities across Canada about all the stages of the mining cycle from early exploration to mine closure. This information kit will help Aboriginal peoples better understand mining activities and identify the many opportunities that mining can bring to communities.” So states the Natural Resources Canada website. The information kit is the product of a partnership among the Prospectors and Developers Association of Canada (PDAC), the Mining Association of Canada (MAC), the Canadian Aboriginal Minerals Association (CAMA) and the Government of Canada (Natural Resources and Indian and Northern Affairs). Mineweb hails the mining information kit as “ a gem for all mineral industry stakeholders.” Mineweb goes on to say “While the kit may be of Canadian origin, it is easily adaptable by state, regional and national mining industry groups in any nation to their specific nation or state. It would also serve as an excellent tool for education programs aimed at introducing youngsters to earth sciences and mining.” As well, “should be required reading for any mining stakeholder, institutional or retail investor, NGO, regulator, journalist, hedge fund, student, academic, or any exploration or mining professional who has any interest in or dealings with the international mining industry.” Having downloaded and read the Information Kit today, I would have to concur with the Mineweb statements. This Information Kit is also available on the Internet at: PDAC: www.pdac.ca MAC: www.mining.ca/www/Public_Policy_Issues/Northern_Dev.php CAMA: www.aboriginalminerals.com INAC: www.ainc-inac.gc.ca/ps/nap/minmin_e.html NRCan: www.nrcan.gc.ca/mms/abor-auto/mine-kit_e.htm P10
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