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Adex Mining Inc V.ADE

Alternate Symbol(s):  ADXDF

Adex Mining Inc. is a Canadian junior mining company. The Company is focused on developing its flagship Mount Pleasant Mine Property, a multi-metal project that is host to promising tungsten-molybdenum and tin-indium-zinc mineralization. The Company holds 100% of the subsurface mineral rights to approximately 1,600 hectares encompassing the Mount Pleasant mine area of New Brunswick, Canada approximately 60 km south of Fredericton approximately 100 km northwest of deep seaport facilities located at Saint John. The Company, through its subsidiary, Adex Minerals Corp., holds claims under Prospecting License 14338. Within the mineral rights area, the Company owns approximately 405 hectares of land. Also, within the mineral rights area there are two distinct poly-metallic mineral deposits, the Fire Tower Zone (FTZ) and the North Zone (NZ). The principal metals include tungsten and molybdenum in the FTZ and tin, indium and zinc in the NZ.


TSXV:ADE - Post by User

Bullboard Posts
Comment by morriconeon May 03, 2011 1:01am
377 Views
Post# 18521040

RE: hey fellow shareholders ...

RE: hey fellow shareholders ..."......would it not make sense to merge both companies rather than build 2 mines right next to each other to mine the same stuff .... ??!!"

No, it wouldn't. We're talking about two different deposits in two completely different locations. The deposits are not linked. It's going to be two separate mines no matter what.  Or maybe just one - Geodex is years behind us. They have a lot more drilling to do before they'll even know if their resource is even viable (worthy of a mine).
Bullboard Posts