GREENLAND

Metalex_Greenland_Project600

  • 100% interest in 3 exploration licenses
  • Kel-Ex Developments has a 10 % free carried interest
  • 3,420 km2 under tenement

TARGET RATIONALE

  • Previous exploration discovered 10 areas containing diamond indicator minerals with “Ekati” type mineral chemistry
  • Diamond bearing kimberlite float found in area
  • Kimberlitic sills and dykes are know in the region
  • The barren Paternoster kimberlitic dyke (20m wide and several km long) shows that bodies of potential commercial size may occur in the area
  • Metalex has discovered diamond indicator minerals with exceptionl chemistry

METALEX WORK

  • Metalex follow-up drainage and till sampling over most known anomalous areas
  • two sample sites were found 430m apart contain high counts of diamond indicator minerals with exceptional chemistry
  • Sturgeon Lake anomaly shows that many grains are very fresh (close to source)

BGSF 011300

BGSF 030300

BGSF 051300

Greenland Mtn300

STURGEON LAKE ANOMALY SAMPLE RESULT 430 METRES APART

MINERAL

SAMPLE1
# OF GRAINS PER 20KG

SAMPLE2
# OF GRAINS PER 20KG

GROUP 10 PYROPE

224

662

GROUP 1 ECLOGITE GARNET

3

2

TITANIUM CHROMITE

24

11

CHROME DIOPSIDE

224

7

DI STABILITY OLIVINE

32

7

PICROILMENITE

746

620

FUTURE WORK

  • Till and drainage sampling around Sturgeon Lake and up ice from positive samples
  • Drilling of 16 shallow holes at Sturgeon Lake to collect basal till samples
  • Ground magnetics, electromagnetics and gravity over part of Sturgeon Lake shoreline
  • Geomorphological studies
  • Sampling program, geophysics and drilling to locate source of Sturgeon Lake diamond indicator grains
  • follow up of positive results obtained elsewhere
  • reconnaissance sampling of untested ground
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MetalexAgency20B

angolacamp120

attawapiskat airstrip120

Kyle early spring120

Malisampling120

moroccosampling120

Greenlandrainage120

quebec Kimberlite corridor120

Wawa loc120