Local News CoverageI realize this doesn't say more than we know already but for interest sake. Daily Courier Kelowna Sat.8th. Steve Macnaul (Business Editor)
CANTEX GLITTERS
CF's Kelowna based gold exploration company, Cantex, continues to ride the wave of positive drilling results in Yemen.
Samples from exploration in the Middle East country have revealed the presence of gold, copper, nickel, cobalt and platnium.
The results have been publicized in stages over the past month, pushing Cantex stock (which trades on the CDNX) from a slumping 10 cents to the high 50 cent range this week.
The drilling results aren't enough to say if there should be a Cantex commercial gold mine in Yemen, but sampling will continue and speculation should boost share value.
Fipke is the Kelowna-based geologist made famous by his discouvery of diamonds in the NWT under the Diamet name.
Many people who got in on the ground floor became rich. The discovery led to the opening of Canada's first commercial diamond mine -Ekati- last fall.