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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
Post by drew17on Nov 18, 2005 8:34pm
128 Views
Post# 9872821

Any Placees here?

Any Placees here?Has anyone heard anything lately about a time estimate for the P.P. (announced in Sept.) to close? It certainly seems to be taken quite a while to get this done. In any event, the P.P. will eventually close and the mini-bulk sampling of Kyle's T1 should be completed in a few months with results to follow. (Hopefully, we will see continued positive results before spring time). A drilling program in Greenland should start quite soon and would likely wrap up before the holidays. (Results sometime in the spring?)
Bullboard Posts