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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

Post by Oregonduckon Jan 30, 2021 10:56pm
186 Views
Post# 32430245

Gold is the Word

Gold is the WordWill Purcell is pissing up the wrong tree.

MTX owned 100 percent of the former defunct Threegold Resouces JV claims with   MTX. Chuck has also recently stake claims in Quebec where visible gold was disseminated.

MTX’s Quebec propertied are in James Bay and the Abitibi belt.

Cited ResourceWorld Dec 2020:


“...Another area in Quebec that is getting a lot of activity is the James Bay region which is not in the Abitibi Greenstone Belt but in another greenstone belt further north where Newmont’s big lonore Gold Mine is in production,” said Andrews. “The hydroelectric projects are opening up the region.”
 
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