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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 > Rollback contemplated?!!!
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Comment by Oregonduckon May 25, 2023 9:22am
151 Views
Post# 35463429

RE:RE:RE:RE:Rollback contemplated?!!!

RE:RE:RE:RE:Rollback contemplated?!!!
pennymaker69 wrote: They still had the money to drill but wanted to save it for SA and do another PP instead.

As they thought they on a verge of a break through.

they raised another 2 mil. and Quebec still being drilled with 1 mill held back for SA.

or... Morroco.


Really?!!! If people bothered to read the financials, they wouldn't be just saying things off their head.

As of the 9 months ended Jan 31, 2023, the Co has cash in the bank of $2.4 million and payables owing of $2.1 million. That's before the start of Quebec drilling and $50k budgeted for SA.

It is shocking and embarrassing how some people invest their money with their eyes shut,





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