Metalex Ventures Ltd V.MTX

Alternate Symbol(s): MXTLF

Metals & Mining Industrial Metals & Minerals

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 for the exploration of diamonds and owns 100% of the non-diamond project. It also has a 100% interest in certain mineral claims in the James Bay Lowlands area of Northern Ontario. It has a 70% interest in the Viljoenshof Diamond Project in South Africa.

TSXV:MTX - Post by User

Metalex Ventures Ltd

Bullboard Posts

Post by drew17on Feb 06, 2007 7:33pm

163 Views

Post# 12175598

MTX is Still Under-valued

IMO. There are a number of issues, which could propel MTX a lot higher and in short order. The extension of the T1 bulk sampling permit, diamonds recovered from U1 and/or U2 and a JV partner for all of the companies non-diamond prospects. At least someone is starting to wake up to the potential that the company certainly holds.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario