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CANEX eyes bulk potential with Gold Range discovery

Canadian explorer CANEX Metals’ share price jumped more than 20% Monday after it said drilling at its Gold Range property in Arizona, USA, indicated near-surface oxide mineralisation with “bulk tonnage potential” at the Eldorado target.

CANEX eyes bulk potential with Gold Range discovery CANEX eyes bulk potential with Gold Range discovery CANEX eyes bulk potential with Gold Range discovery CANEX eyes bulk potential with Gold Range discovery CANEX eyes bulk potential with Gold Range discovery

CANEX Metals has reported a new gold find at Gold Range, in Arizona, USA

CANEX said an intersection of 27.4m grading 0.9 grams per tonne gold, within a broader interval of 50.3m grading 0.5g/t, started from surface in strongly oxidised material.