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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

Post by carter2on Mar 14, 2021 4:26pm
129 Views
Post# 32795647

Talked with Chad

Talked with Chad When the snow is off the ground the work will begin in Quebec.  Scandium find has prompted Rino Tino to be in contact with MTX,  they have plans to include this in their inventory.
 June or July we should hear about Mining license in South Africa.  In SA you can only have an exploration licsence for 8 years, the mining licsence was applied for at 7years 8 months into the exploration licsence.  Then the Airbourne survey to identifiy the drill targets. The Diamond indicator minerals, G 10 garnets are off the charts compared to Ekati.  Chad believes there will be a mine here. Longs will be rewarded. GLTA
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