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Cantex Mine Development Corp V.CD

Alternate Symbol(s):  CTXDF

Cantex Mine Development Corp. is an exploration stage company. Its principal business activity is the exploration and development of mineral properties for commercial mineral deposits, and it is considered to be at the exploration stage. It is focused on its 100% owned 20,000-hectare (ha) North Rackla Project located about 150 kilometers (km) northeast of the town of Mayo in the Yukon Territory, Canada where high-grade massive sulphide mineralization has been discovered. Over 60,000 meters of drilling has defined high grade silver-lead-zinc-germanium mineralization over 2.3 km of strike length and 700 meters depth. It has a 100% interest in four mineral properties in Nevada. It has two projects in Yemen: Al Hariqah (Gold) and Al Masna (Nickel, Copper, Cobalt). The Al Hariqah is a near-surface gold deposit located about 130 km northwest of Sana’a, Yemen. The Al Masna’a nickel, copper, cobalt project is located in the Saadah region some 205 km north-northwest of the capital city, Sana’a.


TSXV:CD - Post by User

Post by regis1on Feb 19, 2007 9:48am
529 Views
Post# 12262029

For anyone who didn't see it

For anyone who didn't see itCanadian company to build gold mine SANA'A, Feb. 12 (Saba) - The chairman of the Mitalex and Cantex Mine Development Corporation, Canadian Group, Charles Fepki praised the Yemeni promising constituents in the various investment fields. Fepki said that as soon as he arrived in Sana'a airport on Monday, president Saleh has a great heart and he is open-minded, particularly in the investment field, pointing out that he has a future perspective that would enable Yemen to develop the investment sector rapidly. Fepki said that, during the visit, he would hold talks with Yemeni officials in the oil ministry related to develop the relations between Yemen and the Canadian company in prospecting of minerals in some of the Yemeni territories. He said that talks would focus on conducting a study on gold mine and to make plans for the new areas that contain minerals such as Nickel, Copper and Platinum in addition to give the officials an idea about the company's activity. Fepki pointed out that the company, with Yemeni cadres, has enabled to discover more than 25 areas rich in gold, platinum and copper since 1996at a cost of $ 20 million. AF/NS This is the article from theYemen News Agency (Saba)
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