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Bullboard - Stock Discussion Forum 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... see more

TSXV:CD - Post Discussion

Cantex Mine Development Corp > Drilling Results won’t move the needle
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Post by Oregonduck on Jul 02, 2024 4:23pm

Drilling Results won’t move the needle

Chuck 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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