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CANEX Metals Commences Exploration Program on British Columbia Property Portfolio Recently Optioned from Altius Minerals

V.CANX

CANEX Metals Commences Exploration Program on British Columbia Property Portfolio Recently Optioned from Altius Minerals


Calgary, Alberta (FSCwire) - CANEX Metals Inc. (“CANEX” or the “Company”) is pleased to announce a 3-person field crew has commenced surface exploration work on select properties in British Columbia recently optioned from Altius Minerals Corp (TSX:ALS).   

Fieldwork will including geologic mapping, prospecting, and soil sampling, and will be designed to identify and refine exploration targets for more advanced work, potentially including geophysical surveying and drilling. 

The fieldwork will focus on 5 projects in British Columbia that CANEX has recently optioned from Altius Mineral Corp.  Additional information on the five exploration properties are available on our website at www.canexmetals.com.  Note there are currently numerous forest fires burning through central British Columbia, which may temporarily prevent access to some of the properties.

About CANEX Metals Inc.

Canex Metals is a Canadian based exploration company focused on acquiring and advancing high grade gold and silver deposits in stable mining jurisdictions.  Company Management has a proven track record of exploration success, with key personnel being involved in discoveries in Mexico, Newfoundland, and British Columbia.  CANEX successfully trenched the Gibson Au-Ag property in British Columbia during 2017 and plans to drill test the property in 2018. Details of CANEX Metals proposed 2018 exploration are available on the website.

Dr. Shane Ebert P.Geo., is the Qualified Person for CANEX Metals and has approved the technical disclosure contained in this news release.

“Shane Ebert”

Shane Ebert, President/Director

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as “expects”, “projects”, “plans”, “anticipates” and similar expressions, are forward-looking information that represents management of CANEX Metals Inc. internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of CANEX. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause CANEX’s actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in CANEX’s filings with the Canadian securities authorities. Accordingly, holders of CANEX shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. CANEX disclaims any responsibility to update these forward-looking statements.




Source: CANEX Metals Inc. (TSX Venture:CANX, OTC Bulletin Board:NOMNF, FWB:NJM1)

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