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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 Peace4Allon Mar 17, 2016 12:37pm
118 Views
Post# 24670356

Getting It Right In the Burning Ring of Fire

Getting It Right In the Burning Ring of Fire

In the boglands (or muskeg) of Northwestern Ontario lies a very rich deposit of minerals that rings around McFaulds Lake.The mining district has become known as “The Ring of Fire.” The Ring of Fire is but the latest chapter in the problematic relationship between Canadiangovernments and Indigenous peoples. Though this mining district is at the very beginning stages already familiar patterns of colonial attitudes and actions have occurred on the part of cash strapped government colluding with multinational corporations at the expense of the First Nations people and the environment.

Read more in this paper I wrote in December 2014 - you might find it of interest as you consider how things are working out compared to the history of this project:

https://www.academia.edu/12761480/Getting_It_Right_On_The_Burning_Ring_of_Fire

Bullboard Posts