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Cantex Mine Development Corp V.CD

Alternate Symbol(s):  CTXDF

Metals & Mining Industrial Metals & Minerals
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

Cantex Mine Development Corp
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Post by EmoOnon Feb 24, 2007 3:15pm
358 Views
Post# 12304532

Another mention of the 1 billion!

Another mention of the 1 billion!Another mention of the 1 billion! I was just googling for news and I found this: Cantex Mine Development was a volume trading leader following press reports that the company’s head honcho Charles Fipke plans to spend $1 billion on exploration and development on its nickel and gold projects in Yemen. Mr. Fipke is best known for the discovery of Canada’s first diamond mine, Ekati. Cantex ended the week up C$0.035 at C$0.115 on 11 million shares traded. Here is a link to the article: https://www.kitcocasey.com/displayArticle.php?id=1230
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