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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

Bullboard Posts
Comment by rdwwon Jan 16, 2004 1:40pm
107 Views
Post# 6905372

RE: "Not even Diadon?"

RE: "Not even Diadon?""with the ice roads open they can move big drills and heavy equipment in" so is MTX contracting Buffalo Airways! From the News/North...a paper in the NWT/Nunavut. A million pound haul Stephan Burnett Northern News Services Yellowknife (Jan 07/04) - Buffalo Airways Ltd. has been tapped on the shoulder to provide a million pounds of expediting services for a new diamond mine near Chibougamau, Quebec. Company president Joe McBryan would not reveal the name of the company that has contracted their services, but said the contract will be a major part of Buffalo Airways' work projects for the coming year. "We've got the work because of our experience, equipment and knowledge," said McBryan. "What's important is that we're being recognized for doing one of the things that we do best. We want to continue to do it to keep people and equipment qualified. "We've mobilized every mine north of Yellowknife for the past 30 years," said McBryan. The mobilization will be done on a man-made runway. "Jim Essery and Pat Hungle are very well known and experts at building ice strips. They'll be involved in setting up the ice strips," said McBryan. The strips should be ready by Jan. 15, when Buffalo expects to send 12 personnel to the site. Four pilots, four mechanics, two helpers, a co-ordinator and a risk-management consultant will all be on the job. Buffalo expects to send two C46 airplanes to start the work. "Should the ice not be favourable we still have ski-equipped DC-3s that can save the show," said McBryan. When Buffalo Airways mobilizes a mine they usually support expediting services until a jet-type aircraft, such as a 737 or Dash 8, can land on a more permanent airstrip, said McBryan.
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