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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

Post by bandi10on Feb 08, 2024 1:12am
191 Views
Post# 35869104

News

NewsResults are long overdue and they are all because labs are very slow. Part of the problem is having enough staff. Lot of results should be coming in the next couple of months and plans on the drill program will be finalized soon, after the sample and geophysics are interpreted, to best target the upcoming program. They will be at PDAC so ask them for more info. The drill program will start before CD's around end of April, weathe permitting of course. Last year the fires messed up plans big time. Very upbeat about this years exploration program.
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