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Metalex Ventures Ltd V.MTX

Alternate Symbol(s):  MXTLF

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

Bullboard Posts
Post by Oregonduckon Nov 26, 2015 4:13pm
68 Views
Post# 24329287

Previously...Ice Road

Previously...Ice Road
MTX had underlain the fact that it could have begun construction of the ice road right up to the first week of February 2014. It had to cancel the bulk sample due to the fact that the Ontario Ministry would not be able to issue the permit in time. Commercial opening for ice roads use usually begins in the first week of every February. Non-commercial use is in December. Metalex Archived News release c. Feb. 20. 2014: U2 Permitting Status " The project description prepared to support a Provincial environmental assessment process for the U2 bulk sample was available for comment until February 10, 2014...Metalex has been advised by the government, that this process will not be complete in time for the project to commence during this winter road season. Unfortunately the bulk sample will now be delayed. "
Bullboard Posts