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 8PITBULLon May 13, 2005 11:18am

222 Views

Post# 9030816

Fipke is not as good as people think

He just got lucky with Diamet. He needs to do something BIG to re-vamp his reputation. He is sliding down quicker than the Jamaican bobsled team. He must get in to something that has Diamonds or Gold Proven in ground and ready to develop. His exploration skills are terrible. Did you know he wasnt the one who discovered the kimberlite in Ekati? It was his partner. His partner is now gone. I hear also Fipke is seriously considering moving his focus to the country of Guyana, the underdeveloped Gold and Diamond rich area in South America. This would be srategically a great move by him. There is a tonne of Gold and Diamonds there.