CANEX Metals Inc. is pleased to update assay results from the first hole of the 2018 drill program at the Company's Gibson Project, located in central British Columbia. Results for hole G18-01 from Gibson were first released on December 10, 2018. Subsequent to that release new fire assay and 4-acid digestion induced coupled plasma analyses have been received for silver with two samples increasing in silver grade by 13 [...]
CANEX Metals Inc. is pleased to provide assay results from the first hole of the 2018 drill program at the Company's Gibson Project, located in central British Columbia. Ten shallow drill holes were completed at Gibson in October of this year testing a small portion of a soil anomaly measuring 850 metres long by up to 500 metres wide. The first hole of the program targeted mineralization at the main Gibson showing which [...]
CANEX Metals Inc. is pleased to provide comments on the geology andstyle of mineralization at the Company's Gibson Gold-Silver Project followingobservations made during the recent 2018 drilling program. The Gibson Gold-SilverProperty is located in north central British Columbia, 50 kilometres west ofthe Mount Milligan Cu-Au Mine and 40 kilometres southeast of the Kwanika Cu-Audeposit.The property sits within anorthwest [...]
CANEX Metals Inc. is pleased to announce the successful completion ofdrilling at the Company's Gibson Project located in central British Columbia. The Company completed 10 holes for 1001 metres of drilling andexcavated two trenches during the program.Easy access to the project and proximity to infrastructure helped theCompany complete the program ahead of schedule and significantly under budget. Dr. Shane Ebert President [...]
CANEX Metals Inc. is pleased to provide an update on the ongoing drilling program at the Company's Gibson Project located in central British Columbia. A ten hole, 1000 metre drill program is currently underway at Gibson and the Company has completed six holes to date and the drill is working on the seventh. Two trenches have also been excavated during the current program. The first 2 holes of the program targeted the main [...]
CANEXMetals Inc. has closed a non-brokered private placementfor 2,300,000 units at a price of $0.05 per Common Unit forgross proceeds of $115,000. Each CommonUnit consisted of one common share and one common share purchase warrant.Each common share purchase warrant entitlesthe holder to purchase one common share at a price of $0.10 per share untilOctober 16, 2020.The securities issued are subject to a hold period of [...]
Calgary, Alberta - CANEX Metals Inc. is pleased to announce that a diamond drill rig will be mobilized to the Gibson Gold Silver Project next week to start a minimum 1000 metre drill program. The 2018 drill program will consist of up to 10 holes that will test numerous mineralized zones exposed during 2017 trenching. Surface sampling by CANEX has confirmed strong mineralization from the zone including 24.1 g/t gold [...]
Calgary, Alberta - CANEX Metals Inc. is pleased to announce a proposed non-brokered private placement of up to 3,000,000 units at a price of $0.05 per Common Unit and up to 2,857,143 flow-through units at a price of $0.07 per FT Unit for gross proceeds of up to $350,000. Each Common Unit will consist of one common share and one common share purchase warrant. Each common share purchase warrant will entitle the holder to [...]
Calgary, Alberta - CANEX Metals Inc. is pleased to announce a 3-person field crew has commenced surface exploration work on select properties in British Columbia recently optioned from Altius Minerals Corp. . Fieldwork will including geologic mapping, prospecting, and soil sampling, and will be designed to identify and refine exploration targets for more advanced work, potentially including geophysical surveying and [...]
Calgary, Alberta - CANEX Metals Inc. is pleased to announce it has signed a Definitive Agreement granting the Company an option to acquire a 100% interest in five mineral exploration properties in British Columbia from Altius Resources Inc. , a wholly held subsidiary of Altius Minerals Corp. . With this deal complete CANEX now has 6 exploration projects in British Columbia, including a drill ready project at the Company’s [...]
Calgary, Alberta - CANEX Metals Inc. announces it has signed a Letter of Intent granting the Company an option to acquire a 100% interest in 5 mineral exploration properties in British Columbia from Altius Resources Inc. , a wholly held subsidiary of Altius Minerals Corp. . The portfolio of British Columbia projects ranges from early stage to more advanced properties, and comprises high and low sulphidation epithermal [...]
CANEX Metals Inc. is pleased to report that at its Annual & Special Meeting, held on March 23, 2018, Shane Ebert, Jean-Pierre Jutras, Douglas Cageorge and Lesley Hayes were re-elected to the Board of Directors. Shareholders also approved fixing the number of directors at four, the appointment of BDO Canada LLP as Auditors and ratified Canex’s stock option plan, Canex is currently planning advance testing of its high [...]
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