Metalex Ventures Ltd. is pleased to report that drill targets have been identified in Block A5, south of Chibougamau Quebec, which contains strong gold and scandium results. Follow-up heavy mineral sampling as well as airborne magnetic and electromagnetic geophysical surveys were completed in 2021 and 2022 on five claim blocks in Quebec, 100% owned [...]
Metalex Ventures Ltd. is pleased to report that the geophysical results including airborne magnetics, electromagnetics and resistivity have finally been received from three of the highest priority gold areas and two high priority diamond areas in Quebec. In addition, heavy mineral picking results for ilmenite have been received in the strongly [...]
Metalex Ventures Ltd. announces that, in accordance with the Company's Stock Option Plan, it has granted an aggregate of 2,130,000 options to certain directors, officers, employees and consultants of the Company. The options are exercisable at a price of $0.08 and have a term of 7 years expiring June 30, 2028. The options also vest in their [...]
Metalex Ventures Ltd. 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. These results [...]
Metalex Ventures Ltd. is pleased to announce that it has identified ilmenite to be the source of the highly anomalous scandium on its 100% owned claims 100km southeast of Chibougmau, Quebec, which are close to highway 167. Metalex collected 8,698 heavy mineral samples covering an area of over 250,000km2. As was recently announced the heavy [...]
Further to news releases on December 11 and 17, 2020, Metalex Ventures Ltd. is pleased to announce the closing of the final tranche of its private placement, resulting in gross proceeds of $1,219,560. This tranche of the Placement consisted of the issuance of 1,188,235 flow through shares and 15,979,427 non flow through units. The Shares were sold [...]
Further to news releases on December 11 and 17, 2020, Metalex Ventures Ltd. is pleased to announce the closing of the third tranche of its private placement, resulting in gross proceeds of $530,500. This tranche consisted of the issuance of 2,700,000 flow through shares and 4,300,000 non flow through units. The shares were sold at a price of $0.085 [...]
Further to news releases on December 11 and 17, 2020, Metalex Ventures Ltd. is pleased to announce the closing of the second tranche of its private placement, resulting in gross proceeds of $1,069,400. This tranche consisted of the issuance of 12,004,706 flow through shares and 700,000 non flow through units. The shares were sold at a price of [...]
Further to news releases on December 11 and 17, 2020, Metalex Ventures Ltd. is pleased to announce the closing of the first tranche of its private placement, resulting in gross proceeds of $309,000. This tranche consisted of the issuance of 3,270,587 flow through shares and 442,857 non flow through units. The shares were sold at a price of $0.085 [...]
Further to its news release of December 11, 2020, Metalex Ventures Ltd. announces that the Offering has been increased to a total of up to $3,000,000 from an initial amount of up to $1,200,000. All other terms of the Offering remain the same. Due to the amount of interest shown in the Offering, the Company has, for the foreseeable future, abandoned [...]
Metalex Ventures Ltd. announces that it intends to carry out a private placement to raise up to $1,200,000. The Offering is made up of a combination of flow through shares at a price of $0.085 per FT Share and non-flow through units at a price of $0.07 per unit. Each Unit is comprised of one non-flow through common share and one-half of one share [...]
Metalex Ventures Ltd. announces has agreed to acquire a promising diamond exploration project in South Africa. Metalex has reached an agreement to acquire an interest in the 3,373 hectare Viljoenshof prospecting license from Invest in Property 126 Ltd "IIP". The license area, within 30 kilometres of the famous Kimberley Diamond Mines, is last known [...]
