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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 intyappnon Dec 11, 2015 3:02pm
224 Views
Post# 24377746

The Victor Plant

The Victor PlantIf Debeers moves on in a couple years I think it would be a steal for any mining company to pick it up for dirt cheap. Possible tango and U2 and a very safe bet is other profitable kimmy pipes in the area. Working IBA's out takes time sure but they can get done and thats a fact. MTX is in the right area and the timing could be perfect for them. This plant could be as cheap a pick up as there can be and I would be shocked frankly if somebody does not bid on it if Debeers shuts it down. Yes a couple years away but it can happen no doubt and I think there is a chance things get expidited, going to be interesting going forward
Bullboard Posts