Metalex Ventures
Metalex Ventures Limited is a Canadian public company listed on the TSX Venture Exchange (“MTX”).
COMPANY OVERVIEW
The Company’s principal business activity is the acquisition, exploration and development of mineral properties and it has a skilled management team with an established track record in this area. The long-term growth strategy is to generate substantial capital growth by developing kimberlite-hosted diamond deposits and hard rock metal deposits.
The Company’s principal projects in Canada are in Quebec and northern Ontario (U2). Its overseas projects are located in South Africa, Morocco and Mali.
LATEST NEWS
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KELOWNA, BC – April 19, 2021 – Metalex Ventures Ltd. (MTX: TSXV) (the “Company”) is pleased to report that exceptionally anomalous amounts of ilmenite as well as highly anomalous scandium analyses of ilmenite-rich concentrates have been received for 22 of the 24 heavy mineral samples tested and collected on its 100% owned gold-scandium claims located 100km southeast of Chibougamau, Quebec…..
METALEX’S DIVERSIFIED RESOURCE PORTFOLIO
Metalex Ventures has a quality resource base within its five projects, all located in quality mining jurisdictions.
QUEBEC
Metalex has a 78% contributing interest in diamond exploration and 100% ownership of gold and base metals.
KYLE LAKE
Located in northern Ontario, the Company has discovered several diamondiferous kimberlites.
MOROCCO
Joint venture between Metalex and ONHYM, Metalex has a 60% contributing interest.
SOUTH AFRICA
This region has long been a prominent producer of diamonds.