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.

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Metalex Ventures Ltd

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Comment by sara7on Dec 08, 2010 4:36pm

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Post# 17820426

RE: RE: larger diamonds

  10% or 10 stones, either way those breakages only serve to drop the fractions down a sieve or two out of the 4.45mm range. I have no problem with that.( that is, of course, assuming it was stones in the larger fraction)
   My tonnage estimate was using the min. kim. density of 2.23 - 2.25 g/cm3...I think. The short story here, and I repeat, The importance of this intercept cannot be overstated!

   Get well soon!
   Sara7

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