Company News: Cap-Ex Ventures
Updated: 02 Dec 2011
Cap-Ex Ventures Ltd. is a Canadian resource company focused on exploration and development of iron ore projects in the Labrador Trough near Schefferville, Quebec. The Company's projects cover an area over 100,000 hectares and are strategically located close to iron ore processing plants and rail. The Company's Block 103 property is on strike to New Millennium's direct shipping ore ("DSO") deposits and KeMag magnetite deposits both to the north and New Millennium/Labrador Iron Mines DSO deposits to the south. In 2008, an airborne magnetic survey identified the most intense magnetic response in the iron belt within Cap-Ex's Block 103 property. The survey also confirmed the DSO target areas within Block 103 and on the Company's Redmond Project to the south. Drilling this year on the Company's 100% owned Block 103 property confirmed the potential for a world class Iron Ore deposit with grades significantly higher than neighboring deposits. Additional drilling on the Company's Redmond Project confirmed multiple zones of hematite mineralization. Assay's are pending for both projects.
Business Category Exploration
Regions of Operation North America
Main Address
- 2000 - 1177 West Hastings Street
- Vancouver
- BC
- V6E 2K3
- Canada
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