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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 piper10on Mar 29, 2002 6:30pm
225 Views
Post# 4942782

AH results/opinion???

AH results/opinion???Carkis:Here is something for you to chew on rather than weiners and beans!-P10 ---------------------------------------------------------------------- Assay results of drill intersections considered to be potentially of ore grade for the Al Hariqah gold deposit: Interval Width True Width True Width Gold g/t From (m) to (m) metres metres(est) feet (est) (grams/tonne) YDH1 21.0 28.5 7.5 6.2 20.5 1.16 33.0 45.0 12.0 10.0 32.8 0.60 YDH2 10.5 16.5 6.0 2.6 8.4 1.06 28.5 75.0 46.5 19.9 65.4 3.26 YDH3 10.5 55.5 45.0 39.6 129.9 1.39 61.5 91.5 30.0 26.4 86.6 0.86 YDH4 34.5 39.0 4.5 4.0 13.0 3.71 49.5 54.0 4.5 4.0 13.0 0.77 YDH5 81.0 88.5 7.5 5.4 17.7 2.25 106.5 135.0 28.5 20.5 67.2 1.12 147.0 171.0 24.0 17.2 56.6 1.86 YDH6 30.0 54.0 24.0 19.8 65.0 0.48 85.5 102.0 16.5 13.6 44.7 1.30 111.0 120.0 9.0 7.4 24.4 3.21 YDH7 10.5 15.0 4.5 na* na* 6.82 55.0 66.0 11.0 na* na* 1.92 90.0 102.0 12.0 na* na* 3.06 YDH8 27.0 33.0 6.0 4.3 14.1 0.39 YDH9 52.5 94.5 42.0 18.1 59.2 0.71 169.5 174.0 4.5 1.9 6.3 0.96 YDH10 3.0 7.5 4.5 4.0 13.0 1.91 18.0 79.5 61.5 54.1 177.5 2.42 85.5 91.5 6.0 5.3 17.3 2.50 106.5 114.0 7.5 6.6 21.6 1.69 174.0 181.5 7.5 6.6 21.6 2.00 196.5 201.0 4.5 4.0 13.0 1.35 YDH11 60.0 66.0 6.0 5.3 17.3 0.90 88.5 93.0 4.5 3.9 12.8 4.95 YDH12 18.0 27.0 9.0 7.8 25.7 0.68 (* not applicable-true widths cannot be estimated) The foregoing results are all potentially ore grade gold intersections above a 0.4 g/t (grams per tonne) cutoff grade. Gold grade intersections averaging less than the 0.4 g/t cutoff grade have not been reported. --------------------------------------------------------------------- Results not reported from the previous phase of drilling include 34.5 meters of 2.44 g/t gold in hole YDH13. --------------------------------------------------------------------- Second phase of drilling at the Al Hariqah gold project in Yemen. Gold assay highlights from this phase of drilling include: YDH15 9 meters at 1.22 g/t and 30 meters at 1.95 g/t YDH16 YDH17 10.5 meters at 1.46 g/t 10.5 meters at 1.12 g/t 30 meters at 1.39 g/t YDH18 YDH19 3 meters at 3.44 g/t 4.5 meters at 2.55 g/t YDH20 YDH21 10.5 meters at 2.79 g/t 15 meters at 1.32 g/t 10.5 meters at 2.61 g/t 16.5 meters at 2.04 g/t 12 meters at 1.45 g/t 10.5 meters at 1.09 g/t YDH22 YDH23 25.5 meters at 1.48 g/t 33 meters at 1.59 g/t YDH25 YDH27 25.5 meters at 2.2 g/t 6 meters at 1.59 g/t 1.5 meters at 5.57 g/t YDH 28 10.5 meters at 1.62 g/t ------------------------------------------------------------------- About one third of the strike length of the mineralization has been drill evaluated. -------------------------------------------------------------------- Al Hariqah resource evaluation using results from: new geologic and alteration zonation mapping; accurate survey locations of 28 reverse circulation drill holes; cross sections generated from drilling and mapping; new plots of distribution of rock and soil geochemistry; and the locations of more than 40 free gold showings. He concludes that there is a drill indicated resource of 16,125,000 tons at a grade of 1.65 grams per ton gold to a depth of 100 meters. The geologic mapping and geochemical sampling suggest strong potential for a geologic resource of 39,125,000 tons with a similar grade to the same depth. Most drill holes bottomed in gold mineralization while approaching depths of 275 meters (160 meters vertical depth). There is a strong probability of doubling the mineral resource estimate of the deposit if ore grade mineralization can be proven to extend from 100 meters to 200 meters of vertical depth.
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