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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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CONTINENTAL ENERGY Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

AGORACOM Launches Graphite Stocks Blog

Message: OT Benefits of a mine

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Metalex Discovers New Kimberlite in Angola

in response to Re: OT Benefits of a mine by brew242003

posted on Mar 25, 08 09:28AM

   KELOWNA, BC, March 25 /CNW/ - Metalex Ventures Limited
(MTX: TSX Venture Exchange) is pleased to report a new kimberlite has been
discovered on the Company's claims in the headwaters of the Cuango River,
Angola.
    The vertical core hole intersected kimberlite at 30 feet and as of today
is still in kimberlite at 310 feet. The field crews report that the kimberlite
contains local autoliths, probable purple pyrope garnets with kelphitic rims,
and basement and country rock fragments.
    The hole is planned to extend to 600 feet wherein about 600 kilograms of
kimberlite core will be split and half will be air freighted to Canada for
diamond recovery and diamond indicator mineral analysis.
    Geophysicist Scott Hogg estimates the newly discovered kimberlite to be
about 200 by 300 meters or approximately five hectares in size.
    Metalex is pleased with the discovery of the new kimberlite and is
continuing its drill testing program.
    Dr. Charles Fipke, P. Geo is the Qualified Person responsible for the
technical contents of this press release.

    "Chad Ulansky"

    Chad Ulansky
    President.