CANEX Metals Inc. is pleased to announce a non-brokered private placement of up to 8,333,333 shares at a price of $0.06 per Common Share for gross proceeds of up to $500,000. The shares will be offered on a non-brokered basis by way of private placement to accredited investors and any securities issued will be subject to a hold period of four [...]
Three New High Priority Exploration Targets to be Tested CANEX Metals Inc. is pleased to announce that exploration drilling at the Gold Range Project, Arizona, will commence this week focusing on new exploration targets with excellent discovery potential. New surface exploration results supporting these targets is also presented. Highlights Reverse [...]
CANEX Metals Inc. is pleased to announce the results from 11 reverse circulation drill holes from the Gold Range Project, Arizona, and the commencement of a surface exploration program. Highlights The Company's first drill test of the Shaft Target in the northern part of the Gold Range property has resulted in the discovery of a new and potentially [...]
CANEX Metals Inc. is pleased to announce the results from 7 reverse circulation drill holes and observations from recent surface work at the Gold Range Project, Arizona. Highlights Step out drilling on the east side of the Excelsior Zone has intersected a mineralized zone that is interpreted to run parallel to the main Excelsior mineralized trend [...]
CANEX Metals Inc. is pleased to announce surface soil results from summer 2022 exploration and the purchase of a lode mining claim covering a past producing gold mine at the Gold Range Project, Arizona. Highlights Surface exploration has identified a new gold in soil anomaly that is 400 metres long, over 125 metres wide, and remains open along [...]
CANEX Metals Inc. is pleased to announce the results from 11 reverse circulation drill holes from the Gold Range Project located in northern Arizona and the receipt of an amended exploration permit for the project. Highlights Hole GR22-91 has made a new drill discovery at the Central Zone returning 0.7 g/t gold over 9.15 metres and 0.6 g/t gold [...]
CANEX Metals Inc. is pleased to announce the results from 7 reverse circulation drill holes from the Excelsior Zone at the Gold Range Project located in northern Arizona. Six of the 7 drill holes have returned multiple gold mineralized intercepts and continue to expand the potential of the Gold Range project. Highlights Multiple drill holes have [...]
CANEX Metals Inc. is pleased to announce the results from 10 reverse circulation drill holes from the Eldorado Zone at the Gold Range Project located in northern Arizona. The Company is also pleased to announce that reverse circulation drilling has resumed at Gold Range. Highlights Hole GR21-73 intersected 1.8 g/t gold over 6.1 metres within a [...]
CANEX Metals Inc. is pleased to announce that it has closed it's previously announced C$2.5 million private placement. Highlights Mr. Michael Gentile, CFA was the lead investor in the financing and owns 10.7% of the company. Mr. Blair Schultz, a newly appointed director of CANEX also participated in the financing and owns 5.3% of the Company [...]
Blair Schultz Joins Board Of Directors CANEX Metals Inc. is pleased to announce a C$2.5 million private placement where Michael Gentile, CFA, will acquire a 10.5% interest in the outstanding common shares of the Company. In addition, Blair Schultz has joined the Company's Board of Directors. Highlights Mr. Michael Gentile, CFA makes strategic [...]
CANEX Metals Inc. is pleased to announce assay results for 8 reverse circulation drill holes from the Company's new oxide gold discovery at the Gold Range Project, Arizona. Highlights Hole GR21-63 near the far northeast end of the Excelsior zone intersected 0.5 g/t gold over 22.87 metres starting at 25.91 metres depth, including 0.6 g/t gold over [...]
CANEX Metals Inc. is pleased to announce exploration results for 670 soil samples and 42 rock samples from the Gold Range Project, Arizona. These surface sampling results combined with geologic mapping have added new exploration targets and increased our understanding of, and confidence in, the 3-kilometre-long oxide gold exploration target at [...]