Agoracom Updates

Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on AGORACOM Small Cap TV this morning. It’s March 11th, 2011, and we’ve found 1 great press release to report on at the open. Another great day for small-cap and micro-cap financial news. To watch the show live every morning at 9:30 AM, visit our front page.

METALEX RECOVERS ADDITIONAL LARGE GEM QUALITY DIAMONDS FROM U2

Metalex Ventures Ltd. (TSXV: MTX)

is pleased to report preliminary macro diamond results from the third of 11 holes from the 9.3 hectare U2 kimberlite pipe on the Metalex - Arctic Star Diamond Corp. (TSXV : ADD) joint venture in the James Bay lowlands, Ontario.

A 0.72 carat white gem quality diamond has been recovered from the third bulk sample hole from U2.A picture of this diamond is presented on the Company's website (www.metalexventures.com).

Recovery of diamonds from the fourth hole has commenced and already another 0.72 carat diamond has been recovered.Once recovery and characterization are complete of the fourth hole results will be reported.Therefore this release presents only the results of the first three holes.

About the company

Metalex Ventures Limited is a Canadian public company listed on the TSX Venture Exchange (“MTX”).The Company’s principle business activity is the acquisition, exploration and development of mineral properties and it has a skilled management team with an established track record in this area.

Last: 0.85Range: 1.34-0.41Market Cap: 40.3 Million

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