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

Comment by drew17on Sep 12, 2007 5:06pm

223 Views

Post# 13382763

RE: MTX Update

Ah yes. Another positive NR from the company, which certainly looks like MTX may indeed have their own kimberlite field. The evidence keeps on piling up and now diamonds in U2-NW as well. Much more work is required and it looks like the FN talks are progressing as well. Another NR before the AGM indicating that they have a signed MOU and we should be off and running. MTX certainly appears to be a bargain at these levels.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario