Metalex Ventures Ltd.

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 interest in the private entity. Neither TSX Venture Exchange nor its Regulation [...]

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 northern Quebec. Metalex plans to define potential drill targets this summer [...]

Metalex Ventures wishes to provide an update on the status of the permitting of the bulk sample to be collected from the U2 kimberlite. Permitting Metalex is pleased to report that the permits required for the collection of the 10,000 ton bulk sample of the U2 kimberlite have now been received.  Ontario's Ministry of the Environment completed its review of the Environmental Assessment of the U2 bulk sample as required due [...]

KELOWNA, BC, July 11, 2014 /CNW/ - Metalex Ventures Ltd. (TSXV : MTX) ("Metalex", the "Company") announces that Dundee Corporation ("Dundee") has decided to terminate their interest in the current earn-in agreement for the U2 and T1 kimberlite pipes. Dundee states the reason behind the termination is due to the continued delay in receiving permits and the execution of an exploration agreement with the First Nations [...]

KELOWNA, BC, Feb. 20, 2014 /CNW/ - Metalex Ventures Ltd. (TSXV : MTX) ("Metalex", the "Company") wishes to provide an update on the status of the permitting of the bulk sample to be collected from the U2 kimberlite pipe. U2 Permitting Status The project description prepared to support a Provincial environmental assessment process for the U2 bulk sample was available for comment until February 10, 2014. Metalex was [...]

KELOWNA, BC, Nov. 29, 2013 /CNW/ - Metalex Ventures Ltd. (TSXV : MTX) ("Metalex", the "Company") is pleased to announce progress on the consultation process for the U2 kimberlite project and a newly discovered area with anomalous diamond indicator minerals at the Quebec diamond project. U2 Diamond Project Metalex's President Chad Ulansky has been working over a two year period with the Attawapiskat and Marten Falls [...]

KELOWNA, BC, March 15, 2013 /CNW/ - Metalex Ventures Ltd. (TSXV : MTX) ("Metalex", the "Company") is pleased to announce the signing of the earn-in agreement with Dundee Corporation ("Dundee") wherein Dundee or its designate can earn up to a 51% interest in the U2 and T1 kimberlite pipes (the "Project") through a four stage investment of up to CAD$51 million.First Right - $5 million convertible loanAs per the letter [...]

KELOWNA, BC, Dec. 7, 2012 /CNW/ - Metalex Ventures Ltd. (TSXV : MTX), ("Metalex") is pleased to provide this progress update.U2 Diamond ProjectPreparatory work continues for the upcoming 10,000 ton bulk sample of the U2 kimberlite.  Sepro Mineral Systems Corp. ("Sepro"), from Langley, BC, has been chosen as the supplier of the processing plant which is to be utilized on site.  Sepro has commenced construction of [...]

KELOWNA, BC, June 28, 2012 /CNW/ - Metalex Ventures Ltd. (TSXV : MTX) (the "Company", "Metalex"), is pleased to provide this progress update.U2 Diamond ProjectPreparatory work continues for the upcoming 10,000 ton bulk sample of the U2 kimberlite.   The Advanced Exploration Closure Plan for the bulk sample has now been submitted to the Ministry of Northern Development and Mines.  In parallel with the [...]

KELOWNA, BC, March 21, 2012 /CNW/ - Metalex Ventures Ltd.

('Metalex', the 'Company') is pleased to report the recent progress on several of its projects.

Morocco Multi-Commodity Project

In Morocco the Company is pleased to report that the airborne magnetic and radiometric survey is now complete.  This survey covered virtually the entire 17,100 square kilometer license over which an extensive geochemical survey

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