Metalex Ventures Limited - Two new diatremes discovered in Angola

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[{"type":"text","content":"\n\n\n\nKELOWNA, BC, June 5 /CNW/ - Metalex Ventures Limited (MTX:TSX - Venture\nExchange) is pleased to announce that another two diatremes have been\nintersected at its project in Angola. This brings the number of diatremes\ndiscovered by the current drill program to five. In addition four diatremes\nwere pitted or augered last year and were confirmed as kimberlite.\n\n\nThis fourth diatreme discovered by the current drill program was\nintersected by a vertical core hole at a depth of approximately 10 feet.\nDiatreme, containing sandstone xenoliths, was intersected to a depth of\n565 feet. Sandstone was intersected from 565 feet to the end of the hole at\n600 feet. It is not clear whether this sandstone represents the diatreme wall\nor a large xenolith at depth.\n\n\nDrilling of the next target intersected the fifth diatreme at a depth of\n8 feet. The hole remained in the diatreme to 602 feet, the planned end depth.\n\n\nThe drill is currently being moved to the next target.\n\n\nThe last of approximately 150 alluvial heavy mineral and weathered rock\npit samples have now been collected. The first shipment of these samples,\nalong with core from the first three diatremes intersected, has now arrived at\nthe CF Mineral Research Ltd. laboratory in Kelowna and the samples are being\nanalyzed for diamonds and diamond indicator minerals.\n\n\nMr. Chad Ulansky is the Qualified Person responsible for the technical\ncontents of this press release.\n\n\nCharles Fipke\n\n\nDr. Charles Fipke\n\n\nChairman\n\n\nThe TSX Venture Exchange has not reviewed and does not accept\n\n\nresponsibility for the adequacy or accuracy of this press release.\n\n\n%SEDAR: 00008159E\n\n\n","length":1761,"tagName":"div"}]

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