Mining Nerds



Metalex Ventures Ltd.

Ticker: MTX : CDNX Description: Metalex Ventures, Ltd. engages in the acquisition, exploration, and development of mineral properties for diamond mineralization in Canada. The company's property portfolio includes 91.5% working interest in certain mineral claims in the Kyle Lake area; 60% contributing interest in the Big Red Diamond joint venture in the Attawapiskat area of Northern Ontario; 100% interest in certain mineral claims in the New Liskeard area of Ontario; and 33.3% contributing interest in various mineral claims in Quebec. The company also has an option agreement to acquire a 100% interest in certain mineral claims located in the New Liskeard area of Ontario; owns a 100% interest in certain claims located in the Northwest Territories of Canada; and has an agreement to earn a 60% interest in certain diamond claim units in Wawa, Ontario. In addition, Metalex Ventures conducts preliminary exploration work in Southern Morocco and owns an exploration license in the Umiiviit area of West Greenland. The company is based in Kelowna, Canada.
Shares (mm): 68.7
Market Cap (mm): $18.2
Cash Flow (mm): -$1.9
Cash (mm): $8.9
Last Price: $0.27
$ Change:+0
% Change: 0.00%
Volume: 0
Google Finance: http://finance.google.com/finance?q=MTX.V&hl=en
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Recent press releases about Metalex Ventures Ltd.