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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 Oct 01, 2004 3:27pm
383 Views
Post# 7994792

RE: rumours abound

RE: rumours aboundi'd buy that - sedar said they had $5MM - but were spending around $1MM a mth - now that they have 2 rigs and something to airfreight to CFMinerals - that $5MM ain't likely to make the end of the 1/4 is my guess. lots of stuff going thru the lab - check out sedar - almost a $600K lab bill this yr for atta not including kyle material. so if you already have 3.50 paper - i'd be wanting a placement her befor news to help out with my pain over the past yr before I pony up any more $$ for the mysterious chuck show
Bullboard Posts