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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 Nov 29, 2010 12:27pm
599 Views
Post# 17770978

RE: Vale..

RE: Vale..After reading the last news Nov 25th, It appears Vale does not have to tell Cantex if they are going to complete a pre-feasibility study until October 31, 2011.  The good news is Vale is on our property and have all intensions of remaining for some time.  Chad indicated we will have some news before Xmas, also some more promotional information is on it's way.  What will effect the share price now is the information on Emperor Minerals, who is on the BOD and what is their time line and plans for the gold mine at AH and when they expect to start production.  Hope we also get the drill results from Nevada soon but I don't expect those until the January AGM. Hold your shares, GLTA.
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