Cap-Ex Ventures Ltd.: Green Bush Zone Extended To Over 7 Kilometers in Length

Cap-Ex Ventures Ltd. (TSXV:CEV,OTCQX:CPXVF) announced step-out drilling has extended the strike length of the Green Bush zone to about 7 kilometres.

As quoted in the press release,

Initially, the Green Bush Zone, an intense magnetic anomaly on the Company’s wholly owned Block 103 property, was tested by 10 drill holes spaced at 500 metre intervals, over a 3.5 kilometre (km) strike length and a width at least 1 km.

While assay results are pending for numerous Block 103 drill holes, both north and south of the Green Bush zone, significant intersections of the magnetite bearing Sokoman Formation have been identified in drill core up to 7 kilometres northwest of discovery hole DDH103-23 which intersected 159.9 metres grading 31.3% iron (31.17% Davis Tube Weight Recovery) from 1.52 metres.

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