CANEX Metals Inc. (TSXV:CANX) reports that Shane Ebert, Jean-Pierre Jutras, Lesley Hayes and Gregory Hanks were re-elected to the Board of Directors at its Annual and Special Meeting.
Shareholders also approved fixing the number of directors at four, the appointment of BDO Canada LLP as Auditors and ratified Canex’s stock option plan.
Drilling Programme
A reverse circulation drill programme is currently underway at the company’s Gold Range property in Arizona.
A total of 45 holes for 4600 metres of drilling has been completed during the ongoing programme.
The drill has completed multiple step out holes at the Excelsior Zone to test the expansion potential of the recently discovered wide zone of near-surface oxide mineralisation at the south end of Excelsior, then completed two holes testing the Central and Lillian Zones and is now focused on systematically testing the potential of the Malco Zone across 300 metres of strike length.
Results for 32 drill holes are pending and will be released in batches as they are completed.
CANEX is focused on advancing high-grade gold exploration targets at the Gold Range Project in Arizona where high-grade gold veins have been identified at surface over a 5km by 3km area.
For further information please visit: https://canexmetals.ca/