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 drew17on Aug 11, 2004 12:36pm

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Post# 7799155

Share Holdings.

Goodman & Counsel, Investment Counsel Ltd. (G&C) on behalf of one or more of the mutual funds or other client accounts or managed by it, has acquired an aggregate of 3,016,384 common shares of Metalex Ventures Ltd., which represents an approximate 11.65% interest in Metalex on an undiluted basis, as of 31 July 2004. A new filing dated 10 Aug. 2004 posting on the SEDAR site.

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