Company profile
CANEX Metals Inc. is a Canadian junior exploration company listed on the TSX Venture Exchange. Its focus is on oxide gold in Arizona and copper-gold porphyry potential in British Columbia.
In February 2026 CANEX acquired a 52% controlling interest in Gold Basin Resources Corporation, which owns the 42-square-kilometre Gold Basin Project directly adjacent to CANEX's 100%-owned Gold Range Project in Arizona. Together the two projects cover multiple mineralized trends with more than eight known zones. Past CANEX drilling at Gold Range returned 1.0 g/t gold over 59.5 metres, while historical drilling at Gold Basin returned 0.93 g/t gold over 138.7 metres. In British Columbia the company is advancing the Louise copper-gold porphyry deposit, where a 2025 induced polarization survey identified two new targets that have not been drill tested.
CANEX fits our strategy through its combination of near-surface oxide gold in a mining-friendly US state and copper-gold upside in Canada. Consolidating the Gold Basin and Gold Range projects has created a larger district under one company's control.
Exploration Edge holds a position in CANEX Metals Inc. (TSXV: CANX) and may buy or sell shares at any time without notice. This profile is based on public company information and is not investment advice or a recommendation to buy or sell any security. Always do your own due diligence.