Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: For those that are impatient; It may not take that long

For those that are impatient; It may not take that long

posted on May 22, 2008 05:51PM

Took a little over 1 week from news that drilling started to announcing Massive Sulfides from Metalex/WSR

Metalex/WSR commence drilling for base metals in James Bay Lowlands
Wednesday May 14, 12:31 pm ET

KELOWNA, BC, May 14 /CNW/ - Metalex Ventures Limited (MTX: TSX-V) ("Metalex"), WSR Gold Inc. (WSR: TSX-V) ("WSR") and Arctic Star Diamond Corp. (ADD: TSX-V) are pleased to report that drilling has commenced on the first Noront-style sympathetic conductor and magnetic geophysical anomaly for which ground geophysical data was available to define drill targets.

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and then this

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Metalex intersects massive sulphides at James Bay

2008-05-22 14:30 ET - News Release

Mr. Chad Ulansky reports

METALEX-WSR-ARCTIC STAR JOINT VENTURE INTERSECT MASSIVE SULPHIDES ON RING OF FIRE GEOPHYSICAL TARGET, JAMES BAY LOWLANDS, ONTARIO

Metalex Ventures Ltd.'s first hole, inclined at 60 degrees toward a sympathetic electromagnetic-magnetic Noront-style geophysical anomaly, has intersected massive sulphides between 78.1 and 90.1 metres in depth. The hole is targeted to intersect the most conductive anomaly between approximately 100 and 150 metres in depth. The true width of the sulphide intersection is not known at this time.

Significant amounts of pyrrohotite, pyrite and chalcopyrite have been visually identified by Brian Polk, Metalex's geologist, within the massive sulphides. The anomaly is believed to be within the projected strike of the Ring of Fire zone that hosts the Noront discoveries. Mineralized parts of the drill hole are being cut in half, so that one-half of the mineralized zones can be couriered to a laboratory for nickel-copper-cobalt-platinum-paladi... assay analysis.

Dr. Charles Fipke, chairman of Metalex, is the qualified person responsible for the technical contents of this press release.











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