CANEX Metals Identifies Two New Geophysical Targets at Louise Project

CANEX Metals Inc. has reported the results of an induced polarization geophysical survey at their Louise Copper-Gold Porphyry Project in British Columbia. The survey unveiled two novel chargeability targets, West Louise and Louise Deep, neither of which have undergone drilling before. The West Louise Target, situated two kilometers west of the historic Louise deposit, aligns with a Cu-Mo-Au-As geochemical anomaly. Meanwhile, the Louise Deep Target is located below the historic deposit, extending to a depth of 1000 meters, suggesting it could be the 'main body' of the Louise Porphyry.

Both targets exhibit significant chargeability values similar to the existing Louise deposit, hinting at the potential for further copper-gold mineralization. The survey, completed by Simcoe Geoscience using advanced Alpha IP technology, covered 36.9 kilometers and remained within budget. CANEX is proceeding with surface evaluations and securing drill permits to further explore these promising targets.