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.

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Metalex Ventures Ltd > 6 weeks until March

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Post by carter2on Jan 17, 2023 1:45pm

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Post# 35228561

6 weeks until March

This being the time in which a Quebec drill program is supposed to begin according to information at the last AGM. The question is will the SA mining license be granted prior to the drilling start of claim block 5. Big question is will we see 30-40 cent share price by spring, will the share price go to that level just on news of either. Ten years ago we were over 30 cents on the hopes of Atta wanting to have a diamond mine in their neighborhood. According to Chuck last contact with Atta was initiated by them. Will 2023 be a prosperous year rewarding the longs?

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