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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 vitreum3on Oct 20, 2019 10:49am
356 Views
Post# 30248591

RE:Malcolm Shaw Comments today

RE:Malcolm Shaw Comments today"As previously reported (September 5, 2019), heavy massive sulphides have been logged in two fans of five drill holes (all ten holes) from each of Pad MZ3 and Pad MZ4, as well as a fan of four holes from Pad MZ26. 
Read more at https://stockhouse.com/news/press-releases/2019/09/10/cantex-discovers-new-gossan-at-north-rackla-expands-prospective-strike-length#q2GHa5Zjur2qx1Uh.99"

we are waiting for the assays from these 14 holes of heavy sulphides. While true widths of ore will be limited to 10 to 20 metres, the more interesting numbers will be grades and the depths of the orebody for it is those that will determine the commerciality of the deposit and invite interest of a major.
It does not seem like they have drilled any holes in the northern Zone yet to test that 120 metres by 150 metres outcropping polymetallic deposit which contains gold as well as silver, lead and zinc. 
Also looking for a few core assays from that new south zone to answer the question of whether it is a new different zone or an extension or offshoot of the main Zone vein.
This week should provide a lot of answers.
 
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