Business
METALEX ANNOUNCES COMMENCEMENT OF DRILLING IN QUEBEC
METALEX ANNOUNCES COMMENCEMENT OF DRILLING IN QUEBEC Canada NewsWire KELOWN...
About this update from Metalex Ventures Ltd.
[{"type":"text","content":"\n \n \n \n METALEX ANNOUNCES COMMENCEMENT OF DRILLING IN QUEBEC\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n KELOWNA, BC\n \n \n ,\n \n \n June 9, 2023\n \n \n /CNW/ -\n \n Metalex Ventures Ltd.\n \n (TSXV: MTX) (the \"\n \n Company\n \n \") is pleased to report that drilling has commenced at its 100% owned A5 claim block in Quebec.\n \n \n This is the maiden drill program on the project.  Whilst initially planned to take place in 2022 (see news release dated\n \n March 28, 2022\n \n ) the Company felt it prudent to complete geological mapping of the claim block and detailed heavy mineral sampling to assist in targeting the drill program.\n \n \n Drilling will initially test five conductive targets detected by an airborne electromagnetic survey.  These anomalies are a potential source of the highly anomalous ilmenite counts and gold values found down ice in heavy mineral samples.  See Maps 1 & 2 for these results.\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Samples collected from the A5 block contain the highest scandium results of all 8,700 heavy mineral samples the Company has collected in Quebec.  Concentrates from these heavy mineral samples (the -60-mesh heavy non-magnetic fraction) had scandium contents ranging from 0.1ppm to 204ppm scandium as analyzed using INAA at Activation Laboratories.  The highest result was from sample RQ0754, located downstream of the electromagnetic anomalies being tested.\n \n \n Electron microprobe analysis of picked oxide grains from these samples was conducted by CF Mineral Research Ltd.  Their work established that ilmenite is contained in high concentrations within claim block A5 (see Map 1).\n \n \n Drilling has been paused while\n \n Quebec's\n \n fire hazard remains high and will recommence when it is safe to do so.  Personnel have safely been demobilized amid the evacuations in Northern Quebec.  Our thoughts are with those affected by the forest fires and we give thanks to the first responders and emergency support services who ...