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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

Comment by carter2on Oct 17, 2010 8:30pm
668 Views
Post# 17575040

RE: Suwar and VALE

RE: Suwar and VALEThat is a very valid question and it does look like we should hear one way or the other prior to Nov 31, 2010.  The pre-feasibility has been extended to July 31, 2012  and the exploration license expires for Suwar and AH Aug 6, 2011 which is only 10 months away.  I have been told that the timing of Mine announcements is related to the Yemen Presidential election, which is in 2011.  I will be attending the MTX AGM and will ask Chad some questions in regards to the Nov 31 deadline.  I tried to call and talk with Chad last week but he was in the field and not expected back until close to the AGM. GLTA
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