# METALEX INTERSECTS SULPHIDES WITH DRILLING AT B3 CLAIM BLOCK IN QUEBEC Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/metalex-intersects-sulphides-with-drilling-at-b3-claim-block-in-quebec--e7a46cf0-903a-469d-a5fa-a14d9f72f607 Original source: https://money.tmx.com/en/quote/MTX/news/8971404963895326/metalex-intersects-sulphides-with-drilling-at-b3-claim-block-in-quebec Publisher: tmx Original announcement: 2025-06-23T17:17:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Metalex Ventures Ltd. - Ticker: MTX - Exchange: TSX - Region: Quebec - Primary commodity: Copper - Secondary commodities: Nickel, Cobalt, Gold - Document categories: Drill results, Other - Extracted: 2026-09-18 11:11:42 UTC Narrative sentiment: 0.30 · Bullish ## Minestarters Atlas summary Metalex Ventures Ltd. has reported sulphide intersections in two drill holes \(QC-B3-25-005 and QC-B3-25-006\) at its B3 claim block in Quebec. While the sulphides \(pyrite, pyrrhotite, and traces of arsenopyrite\) confirm the presence of mineralisation within a conductive zone, no assay grades or true widths were disclosed. Reasoning: The company reported sulphide intersections in two holes, confirming the presence of mineralisation at the target, but the lack of assay grades and true width makes the economic potential unquantifiable. - Positive factor: Intersection of sulphides in magmatic gneiss - Positive factor: Testing successful geophysical anomalies - Negative factor: No assay grades reported - Negative factor: Apparent width only \(true width not determined\) - Negative factor: Presence of arsenopyrite \(potential deleterious element\) Facts used in scoring: 2 ## Classification and evidence **Apparent Width Only** Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: The company explicitly states it is too early to determine true widths and intervals are core lengths. Evidence · text > it is too early to determine whether the orientation of the sulphides and as such the intervals mentioned are core lengths rather than true widths. **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release names a Qualified Person \(QP\) responsible for the technical content. Evidence · text > approved by Mr. Chad Ulansky P.Geo ., President and CEO of the Company and a Qualified Person under National Instrument 43-101 **Deleterious Elements Present** Polarity: negative Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent. Why it applies: Traces of arsenopyrite were noted in the sulphides. Evidence · text > The sulphides are predominantly pyrite and pyrrhotite with traces of arsenopyrite. **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The project was staked due to anomalous regional sampling results. Evidence · text > The 24,322 hectare B3 claim block was staked due to anomalous copper-nickel-cobalt and gold results of the Company's regional heavy mineral sampling program. ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### QC-B3-25-005 [Link to this fact](https://atlas-extractions.minestarters.com/news/metalex-intersects-sulphides-with-drilling-at-b3-claim-block-in-quebec--e7a46cf0-903a-469d-a5fa-a14d9f72f607#fact-drill-facts-0) B3 claim block · sulphides #### Identity - Hole ID: QC-B3-25-005 - Project: B3 claim block - Commodity: sulphides - Region: canada\_qc - Reported Region: canada\_qc - Ticker: MTX #### Geometry - Intercept: 19.81 m - From: 41.45 m - To: 61.26 m - Intercept Depth: 41.45 m #### Classification - Program: exploration - Sample Type: drill - Group ID: QC-B3-25-005:41.45-61.26 - Mining Method: unknown #### Location - Dip: -45 ° #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-06-23T00:00:00.000Z Reasoning: Confirmed sulphide presence, but lacks quantitative grade or geometry. - Positive factor: Sulphide intersection - Negative factor: No grade reported - Negative factor: Apparent width only Evidence · text > Hole QC-B3-25-005 was drilled at a -45 degree dip and intersected sulphides from 41.45m to 61.26m . #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### QC-B3-25-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/metalex-intersects-sulphides-with-drilling-at-b3-claim-block-in-quebec--e7a46cf0-903a-469d-a5fa-a14d9f72f607#fact-drill-facts-1) B3 claim block · sulphides #### Identity - Hole ID: QC-B3-25-006 - Project: B3 claim block - Commodity: sulphides - Region: canada\_qc - Reported Region: canada\_qc - Ticker: MTX #### Geometry - Intercept: 16.76 m - From: 41.76 m - To: 58.52 m - Intercept Depth: 41.76 m #### Classification - Program: exploration - Sample Type: drill - Group ID: QC-B3-25-006:41.76-58.52 - Mining Method: unknown #### Location - Dip: -65 ° #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-06-23T00:00:00.000Z Reasoning: Confirmed sulphide presence, but lacks quantitative grade or geometry. - Positive factor: Sulphide intersection - Negative factor: No grade reported - Negative factor: Apparent width only Evidence · text > Hole QC-B3-25-006 was drilled at a -65 degree dip from the same collar as QC-B3-25-005. Sulphides were intersected from 41.76m to 58.52m . #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.