CANEX Metals Inc. announced it has received results from a high-resolution drone magnetic survey conducted at the Company's Gold Range Property, Arizona Highlights of the Magnetic Survey: Multiple large-scale structures have been identified in multiple orientations; The Adit Shear Zone has been traced through magnetics and surface work for over 5 kilometres of strike length and contains multiple zones of mineralization along it with new targets identified; The Pit Zone is located at the southern end of the Adit Shear Zone near the intersection of two major fault systems; and A prominent magnetic low is directly associated with known mineralization at the Pit Zone and greatly expands the size potential of the target to an area at least 450 long by 130 metres wide.