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 [...]
CALGARY, Alberta, Oct. 26, 2017 (GLOBE NEWSWIRE) -- CANEX Metals Inc. (TSX-V:CANX) (“CANEX” or the “Company”) is pleased to announce final surface chip sampling results and 1 grab sample result from trenching conducted at the Gibson gold-silver project in British Columbia. Results for Trenches 4 to 7, plus sampling from new road cut exposures, are presented below. The 2017 Gibson trenching program [...]
CANEX Metals is pleased to announce surface chip sampling results and 2 grab sample results from trenching conducted during August at the Gibson gold-silver project in British Columbia. Results for Trenches 1 to 3 have been received and compiled and are presented below. Trench 1 exposed multiple mineralized zones including 4.0 g/t gold equivalent (Au Eq with 1.63 g/t Au and 176 g/t Ag) over 12 metres, including 24.1 g/t [...]
CANEX Metals is pleased to announce the Company has successfully completed trenching and surface sampling at the Gibson gold-silver project in British Columbia. The field program lasted just over two weeks and was conducted by a 4 person exploration team. During the program an access trail into the historic area of known mineralization was constructed, 8 trenches were excavated, and 157 surface rock samples and 445 soil [...]
CALGARY, ALBERTA--(Marketwired - Aug 3, 2017) - CANEX Metals Inc. (TSX VENTURE:CANX)("CANEX" or the "Company") is pleased to announce the Company has received exploration permits for the Gibson gold-silver project in British Columbia. The permits allow the Company to excavate up to 10 trenches and construct and drill from 6 drill pads at Gibson. A reclamation bond of $10,000 has been posted as part of the Gibson [...]
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