CANEX Metals Inc. is pleased to announce assay results have been received for 6 additional drill holes from the Company's 2021 reverse circulation drilling program at the Gold Range Project, Arizona. Highlights Hole GR21-45 from the historic Excelsior Mine returned 1.1 g/t gold over 19.8 metres , including 1.8 g/t gold over 10.7 metres . Holes [...]
CANEX Metals Inc. is pleased to announce assay results have been received for 7 additional drill holes from the Company's 2021 reverse circulation drilling program at the Gold Range Project. Highlights Hole GR21-37 from the historic Excelsior Mine returned 1.6 g/t gold over 35.1 metres starting from surface, including 2.2 g/t gold over 24.4 m. This [...]
CANEX Metals Inc. is pleased to announce assay results have been received for 5 additional drill holes from the Company's 2021 reverse circulation drilling program at the Gold Range Project. Highlights Drill holes GR21-31 and 32 tested the historic Malco Mine area and represent a 1.2 kilometre step out from the Eldorado Zone along the same district [...]
CANEX Metals Inc. is pleased to announce that, through its 100% owned Arizona subsidiary CANEXCO Inc., it has signed and completed a definitive agreement to option the Excelsior Mine Property comprised of 11 lode mining claims and 2 patented mining claims covering 3 past producing historic gold mines. The Excelsior Mine Property sits within the [...]
CANEX Metals Inc. is pleased to announce favorable cyanide soluble gold recoveries from mineralized samples from the Eldorado Zone at the Gold Range Project, Arizona. Highlights Cyanide soluble gold analyses from sample pulps from the Eldorado Zone show excellent recoveries and support a bulk tonnage heap leach target. 200 samples of oxidized and [...]
CANEX Metals Inc. is pleased to announce assay results have been received for 8 additional drill holes from the Company's 2021 reverse circulation drilling program at the Gold Range Project, Arizona. Highlights Two zones of gold mineralization have been encountered in hole GR21-25, an upper zone containing 0.3 g/t gold over 10.6 metres starting at [...]
CANEX Metals Inc. is pleased to announce assay results have been received for the first 5 holes from the Company's 2021 reverse circulation drilling program at the Gold Range Project, Arizona. Highlights Holes GR21-17, 18, and 19 have all intersected near-surface oxidized gold mineralization and combined with previous holes S20-8 and 9, define a [...]
CANEX Metals Inc. is pleased to announce the completion of the Company's second reverse circulation drilling program at the Gold Range Project in Northern Arizona. The Company successfully completed 34 drill holes across 2.5 kilometres of strike length along the southern portion of the Gold Range Property. In total 2357.6 metres were drilled in [...]
CANEX Metals Inc. is pleased to announce that drilling has commenced at the Company's Gold Range Project in Northern Arizona. The Drill program will consist of a minimum of 6,000 ft and will test multiple targets that have been identified. The first 2 holes of the 2021 program have been completed and the drill is working on the third hole. Drilling [...]
CANEX Metals Inc. is pleased to announce it has signed a reverse circulation drill contract with a major international drilling company to drill a minimum of 1829 metres at the Companies Gold Range Project in Arizona. Drilling is scheduled to start at the end of this week and will include up to 30 drill holes testing multiple priority targets [...]
CANEX Metals Inc. is pleased to announce that, through its 100% owned Arizona subsidiary CANEXCO Inc., it has signed a binding letter of intent to option the Excelsior Mine Property comprised of 11 lode mining claims and 2 patented mining claims covering 3 past producing historic gold mines. The Excelsior Mine Property sits within the boundaries of [...]
CANEX Metals Inc. is pleased to announce that it has closed its final tranche of its previously announced non-brokered private placement for 707,500 shares at a price of $0.10 per Common Share for gross proceeds of $70,750. CANEX closed its first tranche for 16,292,500 Common Shares or $1,629,250 and has issued a total of 17,000,000 shares for [...]
