I Lived in Kelowna for 9 years after Fipke discovered the diamond mine in the north. Kelowna is believed to have one of the highest ratios of millionaires in Canada. I know for a fact many of them are millionaires based on their investments in Fipke's diamond mine. I find it interesting that his company is either 2nd or 3rd to discover massives. I understand that just because a guy made an outstanding find once it doesn't mean he will do it again. But what it shows is that NOT's find IMHO is valid and worth the money to get in on . Here is my previous post.
ENGOURAGMENT:Another Big name of the Past showing interest in JB
Posted by: sag4tag on November 20, 2007 07:18PM
In response to: Re:- On NI 43 - 101's by res-investor
Metalex-Arctic Star Poised to Drill 30 Noront Style Sulfide and Kimberlite Targets
14:05 EDT Friday, November 02, 2007
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KELOWNA, BC, Nov. 2 /CNW/ - Metalex Ventures Limited (MTX: TSX - Venture Exchange) (the "Company")
The Noront nickel-copper-platinum massive sulfide discovery in James Bay Lowlands, northeastern Ontario is reported to have been made inadvertently by drill testing a magnetic anomaly for kimberlite. The 91.5% Metalex-8.5% Arctic Star joint venture had previously flown an airborne magnetic geophysical survey over a 20,000 sq.km survey in the vicinity of the Noront discovery. Consequently, the Metalex-Arctic Star joint venture has recently staked 41 claims in the vicinity and along the projected strike of the Noront discovery. These claims cover 30 magnetic anomalies. According to our consultant geophysicist, 7 of these anomalies have magnetic susceptibilities analogous to kimberlite and 23 with magnetic susceptibilities analogous to the massive sulfide at the Noront discovery.
The Metalex-Arctic Star geologists are most encouraged by the potential of this new development. The joint venture has already been approached by well capitalized potential joint venture partners. The Metalex-Arctic Star joint venture is eager to drill all potential targets in a timely manner.
Dr. Charles Fipke, P.Geo is the Qualified Person responsible for the technical contents of this press release.
ON BEHALF OF THE BOARD OF DIRECTORS
"Charles Fipke"
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HIS PAST
Discovery: Diamonds in Canada's Arctic
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