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 > Rollback contemplated?!!!

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Comment by pennymaker69on May 25, 2023 7:52pm

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Post# 35464906

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

OH I DID... and that's why I was upset with them spending 300k on storage for a dead u2 project.

What your doing is changing the time line. They came out with a drill claim block 5 news last year in 2022... WHEN they did have the funds. NOT jan 2023... when they changed their mind and did the other B cliam blocks.

So yes they have cash. and yes they are drilling.

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