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

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Post by pennymaker69on Apr 16, 2024 9:08pm

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Post# 35992873

This is disapointing...

But we still have a summer drill program with 2 drill holes to test. I still don't know how they messed up A5 with all the samples and the money spent testing before the drill program started.

After they drill in the summer 2 holes to test should be quick and not 1 year for results.
The AGM going to be depressing unless they get traction on their other properies. But even so where they have the money to dril..

so they raised 8 million.. we get 4 not 5 holes... and now just 2 more to go for the 8 mil raised.

Carter did you talk to them and get some answers? You got any good news to give us hope?

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