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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
Comment by jimdolon Dec 11, 2015 2:13pm
68 Views
Post# 24377519

RE:You Can Stick A Fork There

RE:You Can Stick A Fork ThereOnce again you guys are years ahead--you have MTX buying -Victor infrastructure and MTX--1.Still doesnt have FN approval-evev Debeers having trouble with FN on Tango
2Still hasnt raise funds for Bulk on U2
3.Stillhasnt done bulk on U2 nor done valuation of caratper ton or carat value
4.Still havent seen any finance agreement -to see how much MTX has to give away for financing
 Slow done before we even consider buying million dollar infrastructure-lets see if we have a mine--even if we can do bulk this winter(whyich is doubtful) all of the above is 5 years off--
Bullboard Posts