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Cantex Mine Development Corp V.CD

Alternate Symbol(s):  CTXDF

Cantex Mine Development Corp. is a Canada-based exploration stage company. The Company's principal business activity is the acquisition and exploration of mineral properties for commercial mineral deposits. The Company’s primary project is located approximately 100 kilometers northeast of Mayo, Yukon Territory, Canada. The Company has approximately 1,075 claims covering over 21,500 hectares in the Yukon. The Company has a 100% interest in four groups of gold exploration claims comprising of approximately 86 claims. The Company has two projects in Yemen: Al Hariqah (Gold) and Al Masna (Nickel, Copper, Cobalt). The Company owns 60% interest in the Al Hariqah (Gold) project. The Al Hariqah is a gold deposit is located approximately 130 kilometers (km) northwest of Sana'a Yemen. The Al Masna'a nickel, copper, cobalt project is located in the Saadah region approximately 205 km north-northwest of the capital city, Sana'a, and 25 km south of the border with Saudi Arabia.


TSXV:CD - Post by User

Comment by Dave4444on Sep 10, 2019 7:54pm
173 Views
Post# 30114806

RE:RE:RE:RE:Expands Prospective Strike Length to 4km

RE:RE:RE:RE:Expands Prospective Strike Length to 4km So what information exists for the holes outside the dike zone, well here are indications from the previous news release and they look very promising:

1)  "Moving along strike further to the northeast, heavy sulphide mineralization has been logged in a fan of four drill holes from Pad 26, located 625 metres northeast of Pad 6."

So 4 holes awaiting assays from pad 26 and akk hit "heavy sulphide mineralization".

2) "To the southwest, along strike from Pad 6, drilling in 2019 has been conducted from Pads 5, 4 and 3 which are 32, 82 and 129 metre step-outs respectively from Pad 6. From Pad 5, holes YKDD19-039, YKDD19-040, YKDD19-042 and YKDD19-043 were drilled at an azimuth of 150 degrees.  An additional hole from Pad 5 was drilled at a -88 degree dip which also intersected heavy massive sulphides between 103 and 135 metres for which assays are awaited.  The mineralization in the shallowest hole, YKDD19-039, was oxidized as reflected in its lower metal content.  As shown in the results table, exceptional silver, lead and zinc values continue to be intersected in fresh mineralization along strike to the southwest of the Main Zone."

So at least one hole in this batch has 32 meters of heavy massive sulphides.

3) "Similar fans of five holes were completed from each of Pads 4 and 3.  Heavy massive sulphides were logged in all ten holes and results are awaited.

So we know another 10 holes also have massive heavy sulphides.
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