Metalex Intersects Sulphides with Drilling at B3 Claim Block IN Quebec
METALEX INTERSECTS SULPHIDES WITH
DRILLING AT B3 CLAIM BLOCK IN QUEBEC
KELOWNA, BC
,
June 23, 2025
/CNW/ -
Metalex Ventures Ltd.
(TSXV: MTX) (the "Company") is
pleased to provide an update on the drilling at its 100% owned B3 claim block in
Quebec
testing
promising geophysical anomalies.
Map 1: B3 Property Location (CNW Group/Metalex Ventures Ltd.)
Claim Block B3
At target O the Company has completed three holes testing a steeply-dipping, wide conductive zone
associated with the northeast contact of a strong magnetic anomaly.
Two of these holes intersected sulphides within a magmatic gneiss. The sulphides are
predominantly pyrite and pyrrhotite with traces of arsenopyrite.
Initial photos of some of the core from these intervals are set out below along with selected
enlargements. These photos will be posted to Metalex's website (
https://metalexventures.com/quebec-property/
). Note that it is too early to determine whether the
orientation of the sulphides and as such the intervals mentioned are core lengths rather than true
widths.
Hole QC-B3-25-005 was drilled at a -45 degree dip and intersected sulphides from
41.45m
to
61.26m
. Photos from this hole are presented below.
Figure 1.
QC-B3-25-005 core from 44.88m to 57.78m. (CNW Group/Metalex Ventures Ltd.)
Figure 2.
QC-B3-25-005 core from 53.64m to 53.92m in upper picture and 55.04m to 55.35m in
lower picture. (CNW Group/Metalex Ventures Ltd.)
Hole QC-B3-25-006 was drilled at a -65 degree dip from the same collar as QC-B3-25-005.
Sulphides were intersected from
41.76m
to
58.52m
. Photos from this hole are presented below.
Figure 3.
QC-B3-25-006 core from 47.04m to 60.20m. (CNW Group/Metalex Ventures Ltd.)
Figure 4.
QC-B3-25-006 core from 48.78m to 48.08m in upper picture and 50.30m to 50.60m in
lower picture. (CNW Group/Metalex Ventures Ltd.)
Hole QC-B3-25-007 was drilled vertically, and did not encounter the same sulphides as the two
holes above.
The 24,322 hectare B3 claim block was staked due to anomalous copper-nickel-cobalt and gold
results of the Company's regional heavy mineral sampling program. Metalex has undertaken a
VTEM and magnetic airborne geophysical survey over its B3 claim block by Geotech Ltd. The
location of the claim block is shown in Map 1.
The technical information and results reported here have been approved by Mr.
Chad Ulansky
P.Geo
., President and CEO of the Company and a Qualified Person under National Instrument 43-
101, who is responsible for the technical content of this release.
Signed,
Charles Fipke
Dr.
Charles Fipke C.M
.
Chairman and Director
FORWARD LOOKING STATEMENTS: Certain of the statements and information in this press
release constitute "forward-looking statements" or "forward-looking information", including
statements regarding the expected use of proceeds of the private placement. Further, any
statements or information that express or involve discussions with respect to predictions,
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occur or be achieved, or the negative of any of these terms and similar expressions) are not
statements of historical fact and may be forward-looking statements or information. The
Company's forward-looking statements and information are based on the assumptions, beliefs,
expectations and opinions of management as of the date of this press release, and other than as
required by applicable securities laws, the Company does not assume any obligation to update
forward-looking statements and information if circumstances or management's assumptions,
beliefs, expectations or opinions should change, or changes in any other events affecting such
statements or information. For the reasons set forth above, investors should not place undue
reliance on forward-looking statements and information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
SOURCE
Metalex Ventures Ltd.
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For further information:
For Further Information: Chad Ulansky, President & CEO, +1-250-860-
8599, [email protected]
CO: Metalex Ventures Ltd.
CNW 13:17e 23-JUN-25