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Tag: metals

File Metals Prices Catapult Mining Profits Beyond Plentiful Oil

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Canex Metals drills 21.3 metres of 1.3 g/t gold at Gold Vary Mission, Arizona

Canex Metals Inc. [CANX-TSXV; NOMIF-OTC] reported assay results had been purchased for eight extra drill holes from its 2021 reverse circulation drilling program on the 100%-optioned Gold Vary Mission min northern Arizona. Two zones of gold mineralization had been encountered in gap GR21-25, an upper zone containing 0.3 g/t gold over 10.6 metres starting at a 22.9-metre depth, and a better grade and thicker lower zone containing 1.3 g/t gold over 21.3 metres starting at 54.9 metres. The lower zone in gap GR21-25 intersected a better-grade interval containing 2.4 g/t gold over 10.6 metres, together with 5.1 g/t over 4.5 metres, and the outlet resulted in mineralization. The presence of two near-surface stacked zones of gold mineralization opens...