CANEX Metals Inc. is pleased to announce that a reverse circulation drill program is underway at the Gold Range Project, Arizona. Three holes have been completed at the Excelsior Zone and a fourth is in progress. The Company plans to drill up to 50 holes during the current drilling program. Dr. Shane Ebert, President of the Company stated, "We are very pleased to have started our third drill program at Gold Range and are [...]
CANEX Metals Inc. is pleased to announce exceptional cyanide soluble gold recoveries from bottle roll test work on mineralized samples from the Gold Range Project, Arizona. Highlights Metallurgical test work on 8 bottle roll samples from the Gold Range Project achieved final cyanide soluble gold recoveries ranging from 94 to 99%, averaging 97%. The test work showed rapid leach kinetics with the majority of gold extracted [...]
CANEX Metals Inc. is pleased to announce that its third reverse circulation drilling program is scheduled to start at the Gold Range Project, Arizona, in early August. The program will consist of around 50 drill holes and in excess of 3000 metres of drilling. The third phase of drilling will initially focus on expanding high grade near surface mineralization identified at the Excelsior Zone, which was tested in early 2021 [...]
CANEX Metals Inc. is pleased to announce assay results have been received for the final 3 drill holes from the Company's winter 2021 reverse circulation drilling program at the Gold Range Project, Arizona. Highlights Hole GR21-46 from the historic Excelsior Mine returned 2.2 g/t gold over 18.3 metres, including 3.4 g/t gold over 10.7 metres. Holes GR21-47 returned 1.2 g/t gold over 15.2 metres, including 6.4 g/t gold over [...]
CANEX Metals Inc. is pleased to announce assay results have been received for the final 3 drill holes from the Company's winter 2021 reverse circulation drilling program at the Gold Range Project, Arizona. Highlights Hole GR21-46 from the historic Excelsior Mine returned 2.2 g/t gold over 18.3 metres, including 3.4 g/t gold over 10.7 metres. Holes GR21-47 returned 1.2 g/t gold over 15.2 metres, including 6.4 g/t gold over [...]
CANEX Metals Inc. is pleased to announce assay results have been received for 6 additional drill holes from the Company's 2021 reverse circulation drilling program at the Gold Range Project, Arizona. Highlights Hole GR21-45 from the historic Excelsior Mine returned 1.1 g/t gold over 19.8 metres , including 1.8 g/t gold over 10.7 metres . Holes GR21-42 and 43 intersected the mineralized zone roughly 150 metres northeast of [...]
CANEX Metals Inc. is pleased to announce assay results have been received for 7 additional drill holes from the Company's 2021 reverse circulation drilling program at the Gold Range Project. Highlights Hole GR21-37 from the historic Excelsior Mine returned 1.6 g/t gold over 35.1 metres starting from surface, including 2.2 g/t gold over 24.4 m. This is the best hole drilled on the property to date and is considered high [...]
CANEX Metals Inc. is pleased to announce assay results have been received for 5 additional drill holes from the Company's 2021 reverse circulation drilling program at the Gold Range Project. Highlights Drill holes GR21-31 and 32 tested the historic Malco Mine area and represent a 1.2 kilometre step out from the Eldorado Zone along the same district scale mineralized structure and highlights the size potential of the [...]
CANEX Metals Inc. is pleased to announce that, through its 100% owned Arizona subsidiary CANEXCO Inc., it has signed and completed a definitive agreement to option the Excelsior Mine Property comprised of 11 lode mining claims and 2 patented mining claims covering 3 past producing historic gold mines. The Excelsior Mine Property sits within the boundaries of the Company's Gold Range Project in Arizona. Highlights The [...]
CANEX Metals Inc. is pleased to announce favorable cyanide soluble gold recoveries from mineralized samples from the Eldorado Zone at the Gold Range Project, Arizona. Highlights Cyanide soluble gold analyses from sample pulps from the Eldorado Zone show excellent recoveries and support a bulk tonnage heap leach target. 200 samples of oxidized and transitional material average 79.5% cyanide soluble gold. 8 samples have [...]
CANEX Metals Inc. is pleased to announce assay results have been received for 8 additional drill holes from the Company's 2021 reverse circulation drilling program at the Gold Range Project, Arizona. Highlights Two zones of gold mineralization have been encountered in hole GR21-25, an upper zone containing 0.3 g/t gold over 10.6 metres starting at 22.9 metres depth, and a higher grade and thicker lower zone containing 1.3 [...]
CANEX Metals Inc. is pleased to announce assay results have been received for the first 5 holes from the Company's 2021 reverse circulation drilling program at the Gold Range Project, Arizona. Highlights Holes GR21-17, 18, and 19 have all intersected near-surface oxidized gold mineralization and combined with previous holes S20-8 and 9, define a flat dipping zone of oxidized near surface gold mineralization that remains [...]
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