Cap-Ex Announces New Drill Results

Cap-Ex Ventures Ltd. (TSXV:CEV,OTCQX:CPXVF,FWB:X0V) announced assay results from the 2011 drilling on its Block 103 iron property.

As quoted in the press release:

Highlights from the eight new drill assay results, located within the southwest area of the Greenbush Zone, include:

• DDH103-40 intersecting 156.0 metres at 30.8% total Fe from 16.8 metres
• DDH103-30 intersecting 164.8 metres at 29.4% total Fe from 9.4 metres
• DDH103-29 intersecting 138.6 metres at 30.1% total Fe from 2.1 metres

Cap-Ex President and CEO, Francois Laurin said:

These results are quite encouraging and the Company is looking forward to proceeding with its aggressive 2012 drilling program with an objective of identifying and communicating an initial mineral resource estimate.

Click here to read the Cap-Ex Ventures Ltd. (TSXV:CEV) press release.