CANEX Metals Secures Exploration Permit for Gold Basin Project in Arizona
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- CANEX Metals received an exploration permit for its Gold Basin property in Arizona, allowing construction of up to 86 new drill pads.
- A signed reverse circulation drilling contract targets at least 50 holes starting in the second half of November 2026.
- Drilling will target resource expansion at known mineralized zones and test new exploration targets across the consolidated Arizona district.
- The two-year permit is extendable for another two years; existing permits cover an 8-kilometer mineralized trend.
- A recently closed $9.5 million financing fully funds the planned exploration campaign.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CANEX Metals Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202610200730ACCESSWRNAPR_____1238790) on October 20, 2026, and is solely responsible for the information contained therein.
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