Metalex Ventures Ltd. report diamondiferous kimberlite intersections from two drill holes on the Metalex – Arctic Star Diamond Corp – Big Red Diamond Corp joint venture on claims optioned from Dumont Nickel Inc.. The claims are located 7 kilometers south of the Victor Diamond Mine. Samples from the eight core holes reported as kimberlite on June 19th, 2009 have now been analyzed for diamonds...
Metalex Ventures Ltd. report the completion of the fourth core hole and progress on the fifth hole drilled into the large (approximately 24 hectare) kimberlite discovery reported in the news release of April 1, 2009. The fourth hole was drilled at the same site as the vertical hole 3 inclined (-55 degrees) towards the first two core holes located 283 meters distant at a bearing of 158 degrees. Hole...
Noront Resources Ltd. and Rosseau Asset Management Ltd. announce that they have agreed to a jointly determined single slate of directors for election at Noront’s annual and special meeting of shareholders to be held on October 28, 2008 (the “Meeting”). The new Board will have a strong mandate to move the Company forward in the best interests of all shareholders. Pursuant to the terms...
Seafield Resources Ltd. reports that a drill was recently mobilized to the Seafield Fire property, optioned earlier this year from Noront Resources Ltd. and is testing the first of several geophysical anomalies located by the earlier airborne survey. The property is located in the “Ring of Fire”, McFauld’s Lake area, Ontario, some 60 km north of Noront’s Eagle One high grade...
Metalex Ventures Limited in conjunction with its joint venture partners Dianor Resources Inc. and Wemindji Exploration Inc. (Wemex) are pleased to announce receipt of final diamond results for one hundred and eleven (111) reconnaissance surface rock samples taken on the Joint Venture’s Ekomiak II; IV; V; VI; and VII properties in the James Bay region of Quebec. Diamonds were recovered from all...