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Canex Intersects 1 6 g/t Gold Over 35 1 Metres Including 8 2 g/tT Gold Over 4 6 Metres at the Excelsior Mine, Gold Range Project, Arizona

Canex Intersects 1 6 g/t Gold Over 35 1 Metres Including 8 2 g/tT Gold Over 4 6 Metres at the Excelsior Mine, Gold Range Project, Arizona
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CANEX Metals Inc : CANEX Signs Letter of Intent to Add the Excelsior Mine Property to the Gold Range Project, Including 3 Past Producing Gold Mines

(1) CALGARY, AB / ACCESSWIRE / January 13, 2021 / CANEX Metals Inc. ( CANEX or the Company ) is pleased to announce that, through its 100% owned Arizona subsidiary CANEXCO Inc., it has signed a binding letter of intent (the LOI ) to option the Excelsior Mine Property comprised of 11 lode mining claims and 2 patented mining claims covering 3 past producing historic gold mines. The Excelsior Mine Property sits within the boundaries of the Company s Gold Range Project in Arizona. Highlights The deal adds The Excelsior Mine contains a 20 to 50 metre wide zone of alteration and quartz veining surrounding a shallow dipping high grade quartz vein and shows excellent potential for near surface bulk tonnage and high grade vein mineralization.

Malco mineUnited statesEl doradoExcelsior mineGold rangeBritish columbiaShane ebertJean pierre jutrasCompany gold rangeUnited states incMetals incVenture exchangeExcelsior mine propertyGold range projectGold range propertyLillian mine