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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Post by jimdolon Nov 25, 2015 4:24pm

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Post# 24325736

check out dvi

While waiting for Mtxbulk sample --check out DVI..Just complted drill program--initial results from PST Kimberlite show average 5 carats per ton(best results of any diamond explorer)small sample so far assayed but will be getting more results from more samples over next few months--in addition has numerous other kimberlites to retest from 2 other promising past results at Kahuna and Notch showing estimated 4 million carat totals--small float ,financed well

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Visionstate set to leverage success in the U.S. market