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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 Jun 15, 2005 9:35am
344 Views
Post# 9161790

RE: New Liskeard play

RE: New Liskeard playcost of production would be in the neighbourhood of 10 per tonne i suspect - which is 1/10 of those other diamond plays - hence the need for much lower grades to make a go of it - 0.20 would be a profitable mine I suspect just going by the data available to date and w/o the need for a billion in cap expenditure to start a mine gee - AGE can figge rout quite easily on paper I suspect what cost might be for start up and production since they are already in that game
Bullboard Posts