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Metalex-WSR-Arctic Star joint venture intersect massive sulphides on Ring of Fire geophysical target, James Bay Lowlands, Ontario
KELOWNA, BC, May 22 /CNW/ - Metalex Ventures Limited (MTX: TSX-V) ("Metalex") Project Geologist, ...
About this update from Metalex Ventures Ltd.
[{"type":"text","content":"\n\n\n\nKELOWNA, BC, May 22 /CNW/ - Metalex Ventures Limited (MTX: TSX-V)\n("Metalex") Project Geologist, Brian Polk, has advised that the first hole,\ninclined at 60 degrees towards a sympathetic electromagnetic - magnetic\nNoront-style geophysical anomaly, has intersected massive sulphides between\n78.1 and 90.1 metres depth. The hole is targeted to intersect the most\nconductive anomaly between approximately 100 and 150 metres in depth. The true\nwidth of the sulfide intersection is not known at this time.\n\n\nSignificant amounts of pyrrohotite, pyrite and chalcopyrite have been\nvisually identified by Brian Polk within the massive sulphides. The anomaly is\nbelieved to be within the projected strike of the "Ring of Fire" zone that\nhosts the Noront discoveries. Mineralized parts of the drill hole are being\ncut in half, so that one half of the mineralized zones can be couriered to a\nlaboratory for nickel-copper-cobalt-platinum-paladium-rhodium-gold-silver\nassay analysis.\n\n\nDr. Charles Fipke, Chairman of Metalex Ventures Ltd., is the Qualified\nPerson responsible for the technical contents of this press release.\n\n\nChad Ulansky\n\n\nChad Ulansky\n\n\nPresident and CEO\n\n\n%SEDAR: 00008159E\n\n\n","length":1300,"tagName":"div"}]