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 [...]
Metalex Ventures Ltd. has been exploring for gold, base metals and diamonds in southern to central Quebec since 2002 and to date 8,579 heavy mineral samples have been collected and analyzed from a survey area of over 250,000 square kilometres. Forty-nine high priority gold anomalies, containing both anomalous concentrations and physical amounts of [...]
Metalex Ventures Ltd. announces that it has reached an agreement with an arms-length private entity to sell the Company's 62.5% interest in certain metal focused mineral claims in the Ring of Fire region of the James Bay Lowlands, Ontario. As consideration the Company is to receive 2,780,000 common shares which is approximately a 29% ownership [...]
Metalex Venturesis pleased to report the staking of claims on the northern Quebec diamond project along with joint venture partner Wemindji Exploration. The two claim blocks, totaling over 1,000 hectares, are staked over the apparent heads of two diamond indicator mineral trains as detected by the joint venture's ongoing exploration activities in [...]
