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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 Oregonduckon Jul 02, 2024 4:23pm
100 Views
Post# 36115155

Drilling Results won’t move the needle

Drilling Results won’t move the needleChuck states in the latest Management Discussions that North Rackla is not yet proven to be an economic orebody. They need 43-101 and PEA to substantial the discovery.
It is imperative that they undertake baseline habitat study on moose, caribou, grizzly bears, fish and other endangered species. They also require to do environmental study and permitting. Unless they get a 100km access road through FNNND heritage Beaver River land, everything else is moot. The Victoria Gold disaster will likely kill off any and all exploration projects. 
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