Metalex Ventures Ltd MXTLF

Primary Symbol: V.MTX

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 > I think the billionaire

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Post by carter2on Nov 23, 2024 12:02pm

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Post# 36327423

I think the billionaire

Person interested in a 70/30 JV is most likely Rob McEwan. Would be logical as he is in on Cantex and one of Chucks mining hall of fame buddies. Can't wait for Rob to join in as he brings the experience we need here, be nice to have a miner heading things up rather than an explore.

I think things are further advanced here than we realize. Chuck said we have a verbal understanding, I don't think Chuck would even mention the JV unless the legal works is in the hands of lawyers, which take quite a bit of time. Guess we can just wait and see if we get a Xmas gift this year. GLTA

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