M&A

CANEX looks to Arizona

Canada explorer CANEX Metals (TSXV: CANX) is adding an Arizona gold project to its portfolio, where a prospector reportedly found a quartz vein with “abundant visible gold” earlier this year.

Staff reporter
 Gold in quartz discovered by a prospector at Gold Range in Arizona earlier this year

Gold in quartz discovered by a prospector at Gold Range in Arizona earlier this year

CANEX said it had entered a formal option agreement with the US-based prospector to acquire 100% of Gold Range in northern Arizona, by paying US$90,000 over four years and spending $80,000 on exploration....

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