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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

Comment by pennymaker69on Sep 12, 2022 7:14pm
132 Views
Post# 34958092

RE:23 weeks since upcoming drill program announced

RE:23 weeks since upcoming drill program announced I am sure Rio Tino is VERY aware. As at the AGM they did say they had a company that was interested in doing a deal. It was asked if it wa Rio....

Chuck didn't want to call out the company that approached them....

What's also annoying is the gov is putting out there crital minerals and scandium is one of them. They should be hitting up the Gov for extra cash.

They have done zero promotion. I am sure this is on Chuck.

3 Million.... 10% wasted on u2 sample storing.

I REALLY want them to drill claim block 5. as it has everything you want and can get going fast.

They just need to do it. Anyone called the company of late?


carter2 wrote:

Not a word about the drill program, you would expect the company to put out at least a notification of a delay.  How can management expect any investors private or institutional to partake in any further or future financing.  Their arrogance is off the charts.

I am hoping maybe praying that Rino Tinto aware of the samples already processed have taken upon them selves to drill a few holes to verify depth and consistency of grade.  Not sure of what the value of this deposit would be or what price would be for a brake even for some of the longs. Personally I would be happy with a buck or two.

Come of Chuck communicate for Frig sakes.



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