CANEX Metals Inc

09:41 AM EST - CANEX Metals Inc : Announced the results from seven reverse circulation drill holes from the Excelsior Zone at the Gold Range Project located in northern Arizona. Six of the seven drill holes have returned multiple gold mineralized intercepts and continue to expand the potential of the Gold Range project. Multiple drill holes have intersected wide zones of oxide gold mineralization close to surface. Hole GR21-82 intersected 1.0 g/t gold over 48.8 metres from surface including a high-grade intercept returning 9.7 g/t gold over 1.5 metres. Hole GR21-83 intersected 0.9 g/t gold over 44.2 metres from 35.1 metres depth including 2.7 g/t gold over 10.7 metres. CANEX Metals Inc shares T.CNX are trading unchanged at $1.81.

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