CANEX Metals Inc. is pleased to announce a non-brokered private placement of up to 6,500,000 shares at a price of $0.10 per Common Share for gross proceeds of up to $650,000. 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 [...]
CANEX Metals Inc. is pleased to announce assay results for holes GR20-10 to 14 from the recent reverse circulation drilling program at the Company's Gold Range Project, Arizona. Highlights Hole GR20-13 intersected 0.6 g/t gold over 21.3 metres including 1.2 g/t gold over 7.6 metres starting 10.7 metres downhole. Hole GR20-9 located 150 metres west [...]
CANEX Metals Inc. is pleased to announce assay results for holes GR20-6 to 9 from the recent reverse circulation drilling program at the Company's Gold Range Project, Arizona. Highlights Drilling at the western side of the Eldorado Target has discovered a new zone of disseminated gold mineralization. Results include 0.9 g/t gold over 27.4 metres [...]
CANEX Metals Inc. is pleased to announce assay results for holes 1 to 5 from the recent reverse circulation drilling program at the Company's Gold Range Project, Arizona. Highlights Drilling at the Pit Extension Zone has returned 10 g/t gold over 1.52 metres within a wider zone of 5.9 g/t gold over 4.57 metres. The above intercept fits well with [...]
CANEX Metals Inc. is pleased to announce surface assay results from Trench 10 at the Gold Range Project, Arizona, and update the status of its drilling program which began on August 25. Highlights Chip sampling at Trench 10 has returned 12.97 g/t gold over 3 metres including 19.4 g/t gold over 1.5 metres. The above high grade sits within a larger [...]
CANEX Metals Inc. is pleased to announce recently received assay results from surface sampling at the Gold Range Project, Arizona. Highlights A new target, the Contact Zone, has been identified over a length of 1000 metres with widths of 50 to 100 metres. Limited chip sampling within this target has returned values of up to 2.76 g/t gold over 4 [...]
CANEX Metals Inc. is pleased to announce that drilling has commenced at the Gold Range Property, Arizona. Drilling has commenced at Gold Range with the first hole expected to be completed by the end of the day. Drilling is initially targeting the Pit Zone where 62 previously released chip and grab samples ranged from trace to 48 g/t gold, averaging [...]
CANEX Metals Inc. is pleased to announce soil results for sampling conducted in late May to early June at the Gold Range Property, Arizona. A 776 sample soil program consisting of multiple east-west trending soil lines was conducted over several targets across the Gold Range property. Highlights An east-west soil line has returned a 390 metre gold [...]
CANEX Metals Inc. is pleased to announce that fieldwork is scheduled to commence in early July at the Gold Range Property, Arizona. A drill program is scheduled to commence in the third week of July. A surface exploration program will start at Gold Range around July 2 and will focus on field mapping and sampling over select zones in order to [...]
CANEX Metals Inc. is pleased to announce that a soil sampling program is underway at the Gold Range Property, Arizona. A local contractor is currently conducting a 777 sample soil program at Gold Range which is expected to take about 7 days to complete. The sampling program will follow up and expand on multiple new gold-in-soil anomalies identified [...]
CANEX Metals Inc. is pleased to announce results for 29 rock samples and 435 reconnaissance soil samples taken in February and March 2020 at the Gold Range Property, Arizona. Highlights from the Sampling Program Two new zones of gold mineralization have been discovered One discovery has been made 370 metres northwest of the Pit Zone returning 53.2 [...]
CANEX Metals Inc. is pleased to announce results for 303 soil samples and one rock sample taken from the Central Zone at the Gold Range Property, Arizona. Surface samples have successfully expanded the existing soil anomaly and another outcrop containing high grade gold has been discovered. Highlights from the Sampling Program Gold-in-soil results [...]