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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 Apr 02, 2016 7:53pm
77 Views
Post# 24724416

One Flew Over the Cuckoo's Nest

One Flew Over the Cuckoo's Nest


https://www.canadianminingjournal.com/news/transportation-lockheed-martins-hybrid-airship-boon-to-remote-projects/

LTA Aerostructures, located at Mirabel, Que., is making 2 sizes of airships. The larger version has a payload of some 60,000 lbs. In addition to manufacturing the airships, LTA will operate them. Both FAA and Transport Canada have approved the use of airships.

https://resourceworld.uberflip.com/i/517266-resource-world-june-july-2015-vol-13-iss-4/32

I argue that MTX should explore using an airship to move equipment to U2.

Attawapiskat is the most impoverished community in Canada. More than $90 million of taxpayers money and millions from De Beers were given to the FN and nothing much has improved. The FN Chief Bruce Shisheesh says, "land is important, money is not".

Time to make an end run to get U2 exploration going by transporting needed equipment to the site by airship instead of an ice road. Treaty 9 - signed in 1908 - provided for protection of FN's fishing, harvesting and hunting rights on native traditional lands. The Ont. Govt. says companies should consult the FNs before crossing their lands. A consultation process worse than being stuck in morasses. However, Canada's constitution trumps the Treaty and Indian Act and FNs don't own the air rights. In the past, MTX had transported lighter equipment to the site for mini bulk sample via helicopters. With the use of an airship, no ice road and airport runway is required for getting the heavy equipment in and the ore out.

One flew East, One Flew West and One Flew Over Cuckoo's Nest - The novel/movie of a looney character takes its title from a nursery rhyme learned from his Native American grandmother.
 
Still waiting for a news release on Quebec drilling.


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