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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

Post by givemeabreak1on Sep 14, 2022 5:29pm
269 Views
Post# 34962932

Amazing

AmazingFWZ might someday be one of the largest Zinc deposits in the world if one were to believe their CEO as anywhere they punch a hole they find more! Given they already have like 50 million ton resource!  They have 4 drills turning and have not updated the resource since their PEA in 2018.  That 50 million tons is only part of the deposit.  I suspect that may be pushing 75 million now and growing!  All for only .50 something cents a share!  If you like Zinc you got to love this one!  

CEO Statement

Brandon Macdonald, CEO, stated “Despite a late start to the season we have so far had tremendous success. Not only has every hole drilled intersected some degree of zinc mineralization, but we’ve made several discoveries of new locations for significant mineralization. Whether on purpose, or sometimes by accident when targeting other zones, we just can’t stop finding zinc.”

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