@Goldonly,
ist doch Dein Element:
Metex Resources Limited was formed in 1992 and listed on the Australian Stock Exchange in 1993.
The Company has a commitment to exploration as the catalyst for increasing shareholder value. This has been maintained in the face of the most difficult investment climate confronting junior resource companies in decades. Signs are starting to emerge that a re-rating of the sector is underway. Metex is one of the few genuine exploration companies well positioned to take advantage of this. It is highly leveraged to an increase in gold price by way of its undeveloped gold resources at Laverton while at the same time pursuing diversity to commodities other than gold through its potential involvement in Anketell Resources NL, and exposure to the highly prospective Paterson Province.
The Company has positioned itself as one of the leading regional players in the highly prospective Laverton Belt in the NE Goldfields and has recently consolidated a significant landholding in the emerging Pinjin/Roe area east of Kalgoorlie in Western Australia. Apart from this exposure to gold it has joined with Resource Finance Corporation (RFC), Croesus Mining NL and Gindalbie Gold NL in forming Anketell Resources NL. Anketell has entered into an option/purchase agreement with Croesus and Gindalbie to acquire over 8,000km2 of prospective tenements in the Telfer area of Western Australia. Included within the package, is the Anketell-Minyarie area where drilling at the exciting Magnum discovery has returned results including 15m @ 14g/t gold in AKD009. Significant copper mineralisation has also been returned, including 4.4% Cu over 8m in AKD005.
The Company is financially sound, with no debt and has cash reserves of approximately $1.4 million which has been supplemented with approximately $700,000 in August 2000 by way of a placement. Although Laverton remains the principal focus for exploration activity, the Company recently initiated a review of its 100% owned tenements at Roe. It has recently announced an agreement with the drilling company Grimwood Davies Pty Ltd whereby a drilling pool to the value of $252,000 has been established to follow up encouraging exploration results returned in earlier programs. Outside of these core areas, exploration has ceased or joint ventures have been negotiated.
Head Office: Unit 2 / 7 Hardy Street South Perth
Western Australia 6151
Mailing address: P.O. Box 204 South Perth
Western Australia 6951
Telephone: +618 9474 2939
Facsimile: +618 9474 2937
E-mail: metex@metex.com.au
Grüße
