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Metalex Ventures Ltd V.MTX

Alternate Symbol(s):  MXTLF

Metals & Mining Industrial Metals & Minerals
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

Metalex Ventures Ltd > No where yet
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Post by carter2on Jul 04, 2022 1:11pm
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Post# 34799555

No where yet

No where yet

There is no Scandium mine anywhere in the world.  There has not been a minable deposit proven up anywhere.  So industry extracts from tailings to get 40 ppm.  So what would a proven resource be worth that has had samples of 400ppm along with some Gold?  Would an announcement of positive results from the upcoming drill program take us to $1.00 per share?  Would an announcement of a JV with Rino Tinto take our share price to $5.00?  

I think both are possible. 

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Dealroom for high-potential pre-IPO opportunities