CANEX Metals Inc. is pleased to announce the results from 11 reverse circulation drill holes from the Gold Range Project located in northern Arizona and the receipt of an amended exploration permit for the project. Highlights Hole GR22-91 has made a new drill discovery at the Central Zone returning 0.7 g/t gold over 9.15 metres and 0.6 g/t gold over 18.29 metres, for a cumulative mineralized interval of 27.44 metres [...]
CANEX Metals Inc. is pleased to announce the results from 7 reverse circulation drill holes from the Excelsior Zone at the Gold Range Project located in northern Arizona. Six of the 7 drill holes have returned multiple gold mineralized intercepts and continue to expand the potential of the Gold Range project. Highlights Multiple drill holes have intersected wide zones of oxide gold mineralization close to surface. Hole [...]
CANEX Metals Inc. is pleased to announce the results from 10 reverse circulation drill holes from the Eldorado Zone at the Gold Range Project located in northern Arizona. The Company is also pleased to announce that reverse circulation drilling has resumed at Gold Range. Highlights Hole GR21-73 intersected 1.8 g/t gold over 6.1 metres within a wider interval of 0.6 g/t gold over 30.5 metres starting at 12.2 metres depth [...]
The press release issued on May 27th, 2022 by CANEX Metals Inc., contained an error in the background of Mr. Blair Schultz. The completed and corrected release follows: CANEX Metals Inc. is pleased to announce that it has closed it's previously announced C$2.5 million private placement. Highlights Mr. Michael Gentile, CFA was the lead investor in the financing and owns 10.7% of the company. Mr. Blair Schultz, a newly [...]
CANEX Metals Inc. is pleased to announce that it has closed it's previously announced C$2.5 million private placement. Highlights Mr. Michael Gentile, CFA was the lead investor in the financing and owns 10.7% of the company. Mr. Blair Schultz, a newly appointed director of CANEX also participated in the financing and owns 5.3% of the Company. Altius Minerals , a founding shareholder of the Company, owns 7.5% of CANEX. The [...]
Blair Schultz Joins Board Of Directors CANEX Metals Inc. is pleased to announce a C$2.5 million private placement where Michael Gentile, CFA, will acquire a 10.5% interest in the outstanding common shares of the Company. In addition, Blair Schultz has joined the Company's Board of Directors. Highlights Mr. Michael Gentile, CFA makes strategic investment in CANEX Metals and will own 10.5% of the company upon closing of the [...]
CANEX Metals Inc. is pleased to announce assay results for 8 reverse circulation drill holes from the Company's new oxide gold discovery at the Gold Range Project, Arizona. Highlights Hole GR21-63 near the far northeast end of the Excelsior zone intersected 0.5 g/t gold over 22.87 metres starting at 25.91 metres depth, including 0.6 g/t gold over 16.77 metres. Hole GR21-64 near the northeast side of Excelsior intersected [...]
CANEX Metals Inc. is pleased to announce exploration results for 670 soil samples and 42 rock samples from the Gold Range Project, Arizona. These surface sampling results combined with geologic mapping have added new exploration targets and increased our understanding of, and confidence in, the 3-kilometre-long oxide gold exploration target at Eldorado-Malco-Excelsior. Highlights Surface sampling and mapping has increased [...]
CANEX Metals Inc. is pleased to report that at its Annual & Special Meeting, held on February 24, 2022, Shane Ebert, Jean-Pierre Jutras, Lesley Hayes and Gregory Hanks 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. A reverse circulation drill program is currently underway at [...]
CANEX Metals Inc. is pleased to announce assay results for 8 drill holes from the Company's ongoing reverse circulation drilling program designed to expand oxide gold mineralization at the Gold Range Project, Arizona. Highlights Hole GR21-49 in the central part of the Excelsior zone intersected 0.5 g/t gold over 22.87 metres starting at 28.96 metres depth, including 0.8 g/t gold over 13.72 metres. Hole GR21-52 in the [...]
CANEX Metals Inc. is pleased to announce that reverse circulation drilling has resumed at the Gold Range Project, Arizona, after a scheduled holiday break. The drill is set up at the Excelsior Zone where several new holes have been added to the program to delineate the mineralized zone encountered in hole GR21-57, which intersected 1.0 g/t gold over 59.45 metres starting from surface and ending in mineralization . Hole [...]
CANEX Metals Inc. is pleased to announce assay results for 4 drill holes from the Company's ongoing reverse circulation drilling program designed to expand oxide gold mineralization at the Gold Range Project, Arizona. Highlights Hole GR21-57 was a 50 metre step out to the southwest on the Excelsior zone and returned the longest continuous zone of mineralization encountered on the Gold Range property to date, intersecting [...]