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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 Jan 13, 2016 8:49am
138 Views
Post# 24453104

The Mercury

The MercuryThe way I understand it is the mercury has always been trapped in the soil for ever and disturbing the soil is what releases it. You can't have open pit mining without disturbing the ground in a certain area. These things were known ahead of time and unfortunatley it's the price of doing business. Diamond processing is by FAR the cleanest as we all know so the question is do the people that hold the land dear to thier hearts accept these things or not, they did for the first Debeers pit, we shall see very soon if they do for the second. 


All this being said I have not heard of dead fish or damage to the species in the area, however if the mercury is causing those kinds of things then I would have to say it needs to be dealt with but again I have heard of nothing bad happening, maybe others have, that I don't know. 
Bullboard Posts