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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 bandi10on Nov 23, 2023 1:02am
159 Views
Post# 35749588

RE:RE:RE:INTERSECTS AN OUTSTANDING 89.25 METRES OF MINERALIZATION

RE:RE:RE:INTERSECTS AN OUTSTANDING 89.25 METRES OF MINERALIZATION Chuck was positive about the Quebec and SA properties. The news will come after the drill results, as well as the geophysical results come in. The geophysical results will determine the next drill targets on area B3 (copper , nickel, cobalt). The gold results should be here before end of the year, to determine further analysis of next steps on it. As usual he danced around a bit, regarding Morocco, but not concrete enough to be put in a news release. He was enthused about SA diamond potential, but again, waiting on Gov.to give go ahead for next step, which could include possible drilling. No rollback expected, but can't promise 100%., as we have 2,400,000 shares of Juno, now worth approx. 4.4 milion, which could be used as exploration funds. Have 1 milion left for quebec exploration for next year, at this point. I asked Chuck about CD AGM and was told it will be in January sometime. Then i said I hope we will have some good news by then. That is when he got all excited and said, that there would be a news release , shortly, by CD, that would get the Media very excited. I read it after i got home. I asked these questions as I was heading out the door, as I had some prior ngagemnt to get to., so i didn't get to ask about the 43-01. Quebec is exciting, provided the drill results confirm their expectations. As usual they wer guarded about specific info, that has not been released publicly. Oh yes Chuck gave us a big story about he invested big in Dia-Met when it was in the dumps and no one was buying, except him, which is why he made such a fortune on it. I guess he was trying to draw a paralel between MTX and Dia-Met, when they were both on the bottom and encouraging us to be buying, now, when it is so low.
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