Adex Mining Inc V.ADE

Alternate Symbol(s): ADXDF

Metals & Mining Industrial Metals & Minerals

Adex Mining Inc. is a Canadian junior mining company. The Company is focused on developing its flagship Mount Pleasant Mine Property, a multi-metal project that is host to promising tungsten-molybdenum and tin-indium-zinc mineralization. The Company holds 100% of the subsurface mineral rights to approximately 1,600 hectares encompassing the Mount Pleasant mine area of New Brunswick, Canada approximately 60 km south of Fredericton approximately 100 km northwest of deep seaport facilities located at Saint John. The Company, through its subsidiary, Adex Minerals Corp., holds claims under Prospecting License 14338. Within the mineral rights area, the Company owns approximately 405 hectares of land. Also, within the mineral rights area there are two distinct poly-metallic mineral deposits, the Fire Tower Zone (FTZ) and the North Zone (NZ). The principal metals include tungsten and molybdenum in the FTZ and tin, indium and zinc in the NZ.

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Adex Mining Inc

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Post by 123con Dec 30, 2017 5:19pm

155 Views

Post# 27252265

IMPORTANT CORRECTION !!!

In my last post I made the terrible blooper of misplacing the decimal. While the "Indicated" & "Infered" values are up about 40% & 50% respectively by my rough calculations, the dollar values of the increases are $ 1 billion in indicated and $1.8 billion in inferred which is a major difference from what was stated. Sorry about that.

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